HIHO (Highway Holdings) EV-to-FCF: (As of Jul. 24, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HIHO Highway Holdings Ltd HIHO
44 GF Score
Price $1.06
GF Value $1.05
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Highway Holdings EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Highway Holdings's Enterprise Value is $4.10 Mil. Highway Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $0.00 Mil. Therefore, Highway Holdings's EV-to-FCF for today is .

The historical rank and industry rank for Highway Holdings's EV-to-FCF or its related term are showing as below:

HIHO' s EV-to-FCF Range Over the Past 10 Years
Min: -3.72   Med: 0   Max: 0
Current: -2.71

HIHO's EV-to-FCF is ranked worse than
100% of 1734 companies
in the Industrial Products industry
Industry Median: 23.585 vs HIHO: -2.71

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-24), Highway Holdings's stock price is $1.0608. Highway Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.340. Therefore, Highway Holdings's PE Ratio (TTM) for today is At Loss.


Highway Holdings  (NAS:HIHO) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Highway Holdings's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.0608/-0.340
=At Loss

Highway Holdings's share price for today is $1.0608.
Highway Holdings's Earnings per Share (Diluted) 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 $-0.340.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Highway Holdings EV-to-FCF Related Terms


Highway Holdings EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Highway Holdings's EV-to-FCF 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.

Highway Holdings EV-to-FCF Chart

Highway Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.46 4.82 13.56 -6.42 -1.86

Highway Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
EV-to-FCF 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 0.00 -6.42 0.00 0.00 -1.86

HIHO vs OLOX, MTEN, CRS: EV-to-FCF Comparison

For the Metal Fabrication subindustry, Highway Holdings's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.


Highway Holdings EV-to-FCF vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Highway Holdings's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Highway Holdings's EV-to-FCF falls into.


HIHO
44GF Score
Highway Holdings Ltd HIHO
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Highway Holdings EV-to-FCF Calculation

Highway Holdings's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=4.104/0
=

Highway Holdings's current Enterprise Value is $4.10 Mil.
Highway Holdings'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 $0.00 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.

Is Highway Holdings (HIHO) Overvalued in 2026?

Based on GuruFocus' analysis, Highway Holdings stock appears to be overvalued. The current stock price of $1.06 is trading 1% above its estimated GF Value™ of $1.05. GuruFocus considers Highway Holdings to be Fairly Valued.

Key valuation signals for HIHO:

  • EV-to-FCF:
  • GF Value™: $1.05 vs. price of $1.06 (1% above fair value)
  • GF Score™: 44/100 with 5 warning signs

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


Highway Holdings Business Description

Address Landmark North 39 Lung Sum Avenue, Suite 1801, Level 18, Sheung Shui, New Territories, Hong Kong, HKG
Highway Holdings Ltd is a holding company. Along with its subsidiaries, it operates as a fully integrated manufacturer of high-quality metal, plastic, electric and electronic components, subassemblies, and finished products for OEMs and contract manufacturers. The manufacturing services offered by the group include metal stamping, screen printing, plastic injection molding, pad printing, and electronic assembly of printed circuit boards. Its reportable business segments are metal stamping and mechanical OEM operations, which derive maximum revenue, and electric OEM operations. Geographically, the group generates maximum revenue from Europe, and the rest from North America, Hong Kong and China, and other Asian countries.
44GF Score

Get the complete analysis for HIHO

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

$1.06
Price
$1.05
GF Value