First Shanghai Investments (STU:FSI) Enterprise Value: €60.28 Mil (As of Aug. 29, 2026) ***

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STU:FSI First Shanghai Investments Ltd STU:FSI
34 GF Score
Price €0.02
GF Value €0.02
! 5 Warning Signs
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What is First Shanghai Investments Enterprise Value?

First Shanghai Investments STU:FSI 34 Enterprise Value is €60.28 Mil as of Aug. 29, 2026. GuruFocus rates STU:FSI with a GF Score™ of 34/100 and a GF Value™ of €0.02. The stock has 5 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, First Shanghai Investments's Enterprise Value is €60.28 Mil. First Shanghai Investments's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €-8.19 Mil. Therefore, First Shanghai Investments's EV-to-EBIT ratio for today is -7.36.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, First Shanghai Investments's Enterprise Value is €60.28 Mil. First Shanghai Investments's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €-8.19 Mil. Therefore, First Shanghai Investments's EV-to-EBITDA ratio for today is -7.36.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, First Shanghai Investments's Enterprise Value is €60.28 Mil. First Shanghai Investments's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €44.87 Mil. Therefore, First Shanghai Investments's EV-to-Revenue ratio for today is 1.34.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, First Shanghai Investments's Enterprise Value is €60.28 Mil. First Shanghai Investments's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €-32.09 Mil. Therefore, First Shanghai Investments's EV-to-OCF ratio for today is -1.88.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, First Shanghai Investments's Enterprise Value is €60.28 Mil. First Shanghai Investments's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-32.31 Mil. Therefore, First Shanghai Investments's EV-to-FCF ratio for today is -1.87.

*** 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.


First Shanghai Investments  (STU:FSI) 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.

First Shanghai Investments's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=60.279/-8.191
=-7.36

First Shanghai Investments's current Enterprise Value is €60.28 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. First Shanghai Investments's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €-8.19 Mil.

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

First Shanghai Investments's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=60.279/-8.191
=-7.36

First Shanghai Investments's current Enterprise Value is €60.28 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. First Shanghai Investments's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €-8.19 Mil.

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

First Shanghai Investments's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=60.279/44.873
=1.34

First Shanghai Investments's current Enterprise Value is €60.28 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. First Shanghai Investments's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €44.87 Mil.

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

First Shanghai Investments's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=60.279/-32.094
=-1.88

First Shanghai Investments's current Enterprise Value is €60.28 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. First Shanghai Investments's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €-32.09 Mil.

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

First Shanghai Investments's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=60.279/-32.305
=-1.87

First Shanghai Investments's current Enterprise Value is €60.28 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. First Shanghai Investments's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-32.31 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.


First Shanghai Investments Enterprise Value Related Terms


First Shanghai Investments Enterprise Value Historical Data

* Premium members only.

The historical data trend for First Shanghai Investments'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.

First Shanghai Investments Enterprise Value Chart

First Shanghai Investments Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.59 29.19 4.45 34.35 47.41

First Shanghai Investments Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 4.45 13.68 34.35 15.23 47.41

STU:FSI vs MS, GS, SCHW: Enterprise Value Comparison

For the Capital Markets subindustry, First Shanghai Investments'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.


First Shanghai Investments Enterprise Value vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, First Shanghai Investments's Enterprise Value distribution charts can be found below:

* The bar in red indicates where First Shanghai Investments's Enterprise Value falls into.


STU:FSI
34GF Score
First Shanghai Investments Ltd STU:FSI
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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First Shanghai Investments 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.

First Shanghai Investments's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

First Shanghai Investments's Enterprise Value for the quarter that ended in Dec. 2025 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 €60.28 Mil mean?
First Shanghai Investments (STU:FSI) has a Enterprise Value of €60.28 Mil as of Aug. 29, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on First Shanghai Investments and its competitors.
Is First Shanghai Investments' Enterprise Value too high?
First Shanghai Investments' current Enterprise Value is €60.28 Mil. Overall, First Shanghai Investments has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does First Shanghai Investments' Enterprise Value compare to MS and GS?
First Shanghai Investments' Enterprise Value of €60.28 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Enterprise Value depends on the Capital Markets 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 First Shanghai Investments and its competitors. First Shanghai Investments's current Enterprise Value is €60.28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Shanghai Investments stock overvalued right now?
First Shanghai Investments (STU:FSI) has a current Enterprise Value of €60.28 Mil. The stock's GF Value™ is €0.02, compared to a current price of €0.02 — trading 17.5% above its estimated fair value. The current Enterprise Value is €60.28 Mil. First Shanghai Investments' overall GF Score™ is 34/100 with 5 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 First Shanghai Investments (STU:FSI), the current Enterprise Value is €60.28 Mil as of Aug. 29, 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 First Shanghai Investments (STU:FSI) Overvalued in 2026?

Based on GuruFocus' analysis, First Shanghai Investments stock appears to be overvalued. The current stock price of €0.02 is trading 17.5% above its estimated GF Value™ of €0.02.

Key valuation signals for STU:FSI:

  • Enterprise Value: €60.28 Mil
  • GF Value™: €0.02 vs. price of €0.02 (17.5% above fair value)
  • GF Score™: 34/100 with 5 warning signs

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


First Shanghai Investments Business Description

Other Exchanges 00227:Hong Kong
Address 71 Des Voeux Road Central, Room 1903, Wing On House, Hong Kong, HKG
First Shanghai Investments Ltd is a financial conglomerate providing stock brokerage, asset management, and corporate finance. The company operates its business in four segments: Financial Services, Property Development, Property Investment and Hotel, and Other businesses, of which the majority of its revenues are derived from Financial Services. The Financial Services Sector provides a full range of financial services, including securities investment, securities broking, margin financing, corporate finance, underwriting and placements, and asset management. Geographically, it generates maximum revenue from Hong Kong.
34GF Score

Get the complete analysis for STU:FSI

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

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