WebRAY Tech Group (SHSE:688651) Enterprise Value: ¥1,840.0 Mil (As of Jul. 23, 2026) ***

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SHSE:688651 WebRAY Tech Group Inc SHSE:688651
80 GF Score
Price ¥20.11
GF Value ¥30.24
Valuation Possible Value Trap
! 3 Warning Signs
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What is WebRAY Tech Group Enterprise Value?

WebRAY Tech Group SHSE:688651 +0.75% 80 Enterprise Value is ¥1,840.0 Mil as of Jul. 23, 2026. GuruFocus rates SHSE:688651 with a GF Score™ of 80/100 and a GF Value™ of ¥30.24 (Possible Value Trap). The stock has 3 warning signs investors should review.

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.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, WebRAY Tech Group's Enterprise Value is ¥1,840.0 Mil. WebRAY Tech Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-58.0 Mil. Therefore, WebRAY Tech Group's EV-to-EBIT ratio for today is -31.74.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, WebRAY Tech Group's Enterprise Value is ¥1,840.0 Mil. WebRAY Tech Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-58.0 Mil. Therefore, WebRAY Tech Group's EV-to-EBITDA ratio for today is -31.74.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, WebRAY Tech Group's Enterprise Value is ¥1,840.0 Mil. WebRAY Tech Group's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ¥305.3 Mil. Therefore, WebRAY Tech Group's EV-to-Revenue ratio for today is 6.03.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, WebRAY Tech Group's Enterprise Value is ¥1,840.0 Mil. WebRAY Tech Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-3.4 Mil. Therefore, WebRAY Tech Group's EV-to-OCF ratio for today is -538.48.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, WebRAY Tech Group's Enterprise Value is ¥1,840.0 Mil. WebRAY Tech Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-11.0 Mil. Therefore, WebRAY Tech Group's EV-to-FCF ratio for today is -167.85.

*** 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.


WebRAY Tech Group  (SHSE:688651) 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.

WebRAY Tech Group's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1839.987/-57.97
=-31.74

WebRAY Tech Group's current Enterprise Value is ¥1,840.0 Mil.
WebRAY Tech Group'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 ¥-58.0 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

WebRAY Tech Group's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1839.987/-57.97
=-31.74

WebRAY Tech Group's current Enterprise Value is ¥1,840.0 Mil.
WebRAY Tech Group'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 ¥-58.0 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

WebRAY Tech Group's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1839.987/305.295
=6.03

WebRAY Tech Group's current Enterprise Value is ¥1,840.0 Mil.
WebRAY Tech Group'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 ¥305.3 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

WebRAY Tech Group's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1839.987/-3.417
=-538.48

WebRAY Tech Group's current Enterprise Value is ¥1,840.0 Mil.
WebRAY Tech Group'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 ¥-3.4 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

WebRAY Tech Group's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1839.987/-10.962
=-167.85

WebRAY Tech Group's current Enterprise Value is ¥1,840.0 Mil.
WebRAY Tech Group'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 ¥-11.0 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.


WebRAY Tech Group Enterprise Value Related Terms


WebRAY Tech Group Enterprise Value Historical Data

* Premium members only.

The historical data trend for WebRAY Tech Group's Enterprise Value can be seen below:

* 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.

WebRAY Tech Group Enterprise Value Chart

WebRAY Tech Group Annual Data
Trend Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 2,785.49 2,461.22 3,068.57

WebRAY Tech Group Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,624.65 2,310.54 2,648.74 3,068.57 2,628.49

SHSE:688651 vs MSFT, ORCL, PLTR: Enterprise Value Comparison

For the Software - Infrastructure subindustry, WebRAY Tech Group'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.


WebRAY Tech Group Enterprise Value vs Software Industry

For the Software industry and Technology sector, WebRAY Tech Group's Enterprise Value distribution charts can be found below:

* The bar in red indicates where WebRAY Tech Group's Enterprise Value falls into.


SHSE:688651
80GF Score
WebRAY Tech Group Inc SHSE:688651
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WebRAY Tech Group 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.

WebRAY Tech Group's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

WebRAY Tech Group's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of ¥1,840.0 Mil mean?
WebRAY Tech Group (SHSE:688651) has a Enterprise Value of ¥1,840.0 Mil as of Jul. 23, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on WebRAY Tech Group and its competitors.
Is WebRAY Tech Group's Enterprise Value too high?
WebRAY Tech Group's current Enterprise Value is ¥1,840.0 Mil. Overall, WebRAY Tech Group has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does WebRAY Tech Group's Enterprise Value compare to MSFT and ORCL?
WebRAY Tech Group's Enterprise Value of ¥1,840.0 Mil can be compared against companies in the Software 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 a Software company?
A good Enterprise Value depends on the Software 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 WebRAY Tech Group and its competitors. WebRAY Tech Group's current Enterprise Value is ¥1,840.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WebRAY Tech Group stock overvalued right now?
Based on GuruFocus' analysis, WebRAY Tech Group (SHSE:688651) is currently considered Possible Value Trap. The stock's GF Value™ is ¥30.24, compared to a current price of ¥20.11 — trading 33.5% below its estimated fair value. The current Enterprise Value is ¥1,840.0 Mil. WebRAY Tech Group's overall GF Score™ is 80/100 with 3 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 WebRAY Tech Group (SHSE:688651), the current Enterprise Value is ¥1,840.0 Mil as of Jul. 23, 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 WebRAY Tech Group (SHSE:688651) Overvalued in 2026?

Based on GuruFocus' analysis, WebRAY Tech Group stock appears to be undervalued. The current stock price of ¥20.11 is trading 33.5% below its estimated GF Value™ of ¥30.24. GuruFocus considers WebRAY Tech Group to be Possible Value Trap.

Key valuation signals for SHSE:688651:

  • Enterprise Value: ¥1,840.0 Mil
  • GF Value™: ¥30.24 vs. price of ¥20.11 (33.5% below fair value)
  • GF Score™: 80/100 with 3 warning signs

No single metric tells the full story. See the SHSE:688651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WebRAY Tech Group Business Description

Address No. 9, Shangdi 9th Street, 2nd Floor, North Building, Digital Technology Plaza, Haidian District, Beijing, CHN, 100085
WebRAY Tech Group Inc is engaged in Research and development, production and sales of network security products. The company is focused on the field of cyberspace security, with the mission of making cyberspace more orderly, providing customers with basic network security, business scene security, and cyberspace map security products and services.
80GF Score

Get the complete analysis for SHSE:688651

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥20.11
Price
¥30.24
GF Value