Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
CNOOC Energy Technology & Services (SHSE:600968) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
CNOOC Energy Technology & Services's EV-to-EBIT for today is
CNOOC Energy Technology & Services's current Enterprise Value is ¥30,655 Mil.
CNOOC Energy Technology & Services's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥4,952 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
CNOOC Energy Technology & Services's EV-to-EBITDA for today is:
CNOOC Energy Technology & Services's current Enterprise Value is ¥30,655 Mil.
CNOOC Energy Technology & Services's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥4,952 Mil.
CNOOC Energy Technology & Services's current Enterprise Value is ¥30,655 Mil.
CNOOC Energy Technology & Services's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥50,036 Mil.
CNOOC Energy Technology & Services's current Enterprise Value is ¥30,655 Mil.
CNOOC Energy Technology & Services's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥3,632 Mil.
CNOOC Energy Technology & Services's current Enterprise Value is ¥30,655 Mil.
CNOOC Energy Technology & Services's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,476 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CNOOC Energy Technology & Services Enterprise Value Related Terms
CNOOC Energy Technology & Services Enterprise Value Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CNOOC Energy Technology & Services Enterprise Value Chart
SHSE:600968 vs SLB, BKR, HAL: Enterprise Value Comparison
For the Oil & Gas Equipment & Services subindustry, CNOOC Energy Technology & Services's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CNOOC Energy Technology & Services Enterprise Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CNOOC Energy Technology & Services's Enterprise Value distribution charts can be found below:
* The bar in red indicates where CNOOC Energy Technology & Services's Enterprise Value falls into.
CNOOC Energy Technology & Services Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CNOOC Energy Technology & Services (SHSE:600968) has a Enterprise Value of ¥30,655 Mil as of Jul. 09, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on CNOOC Energy Technology & Services and its competitors.
Is CNOOC Energy Technology & Services' Enterprise Value too high?
CNOOC Energy Technology & Services' current Enterprise Value is ¥30,655 Mil. Overall, CNOOC Energy Technology & Services has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CNOOC Energy Technology & Services' Enterprise Value compare to SLB and BKR?
CNOOC Energy Technology & Services' Enterprise Value of ¥30,655 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Oil & Gas company?
A good Enterprise Value depends on the Oil & Gas industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on CNOOC Energy Technology & Services and its competitors. CNOOC Energy Technology & Services's current Enterprise Value is ¥30,655 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CNOOC Energy Technology & Services stock overvalued right now?
Based on GuruFocus' analysis, CNOOC Energy Technology & Services (SHSE:600968) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.91, compared to a current price of ¥3.45 — trading 11.8% below its estimated fair value. The current Enterprise Value is ¥30,655 Mil. CNOOC Energy Technology & Services' overall GF Score™ is 89/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For CNOOC Energy Technology & Services (SHSE:600968), the current Enterprise Value is ¥30,655 Mil as of Jul. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is CNOOC Energy Technology & Services (SHSE:600968) Overvalued in 2026?
Based on GuruFocus' analysis, CNOOC Energy Technology & Services stock appears to be undervalued.
The current stock price of ¥3.45 is trading 11.8% below its estimated GF Value™ of ¥3.91.
GuruFocus considers CNOOC Energy Technology & Services to be Modestly Undervalued.
Key valuation signals for SHSE:600968:
Enterprise Value: ¥30,655 Mil
GF Value™: ¥3.91 vs. price of ¥3.45 (11.8% below fair value)
No single metric tells the full story. See the SHSE:600968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CNOOC Energy Technology & Services Business Description
CNOOC Energy Technology & Services Ltd is a diversified industrial group that covers majority of the upstream and downstream sectors of the oil and gas industry chain, forming four core business segments: Energy technology services; Floating Production Storage and Offloading (FPSO) Production Technical Service segment; Energy logistics services; and the Safety, environmental protection and Energy conservation.
89GF Score
Get the complete analysis for SHSE:600968
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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