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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, First Shanghai Investments's Enterprise Value is HK$415.4 Mil.
First Shanghai Investments's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-295.4 Mil. Therefore, First Shanghai Investments's EV-to-FCF for today is -1.41.
The historical rank and industry rank for First Shanghai Investments's EV-to-FCF or its related term are showing as below:
HKSE:00227'
s EV-to-FCF Range Over the Past 10 Years
Min: -104.42 Med: -4.08 Max: 572.45
Current: -1.36
During the past 13 years, the highest EV-to-FCF of First Shanghai Investments was 572.45. The lowest was -104.42. And the median was -4.08.
HKSE:00227's EV-to-FCF is ranked worse than 100% of 422
companies
in the Capital Markets industry
Industry Median: 9.965
vs HKSE:00227: -1.36
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.
First Shanghai Investments (HKSE:00227) 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.
First Shanghai Investments's PE Ratio (TTM) for today is calculated as:
First Shanghai Investments's share price for today is HK$0.155.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Shanghai Investments's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-0.042.
* 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.
First Shanghai Investments EV-to-FCF Related Terms
First Shanghai Investments EV-to-FCF 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.
For the Capital Markets subindustry, First Shanghai Investments'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.
First Shanghai Investments EV-to-FCF vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, First Shanghai Investments's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where First Shanghai Investments's EV-to-FCF falls into.
First Shanghai Investments's current Enterprise Value is HK$415.4 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Shanghai Investments's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-295.4 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 (HKSE:00227) has a EV-to-FCF of -1.41 as of Aug. 28, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on First Shanghai Investments and its competitors. According to the industry distribution chart, First Shanghai Investments ranks #999999 out of 422 companies in the Capital Markets industry.
Is First Shanghai Investments' EV-to-FCF too high?
First Shanghai Investments' current EV-to-FCF is -1.41. Based on the distribution chart, First Shanghai Investments ranks #999999 out of 422 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, First Shanghai Investments has a GF Score™ of 34/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Shanghai Investments' EV-to-FCF compare to MS and GS?
According to the Capital Markets industry distribution chart, First Shanghai Investments ranks #999999 out of 422 companies for EV-to-FCF. This places First Shanghai Investments in the lower half of its industry. The industry median EV-to-FCF is 9.97. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Capital Markets company?
The median EV-to-FCF among Capital Markets companies is 9.97, based on 422 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on First Shanghai Investments and its competitors. For the Capital Markets industry, the median EV-to-FCF is 9.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Shanghai Investments's current EV-to-FCF is -1.41. 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?
Based on GuruFocus' analysis, First Shanghai Investments (HKSE:00227) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.13, compared to a current price of HK$0.16 — trading 19.2% above its estimated fair value. The current EV-to-FCF is -1.41. 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For First Shanghai Investments (HKSE:00227), the current EV-to-FCF is -1.41 as of Aug. 28, 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 (HKSE:00227) Overvalued in 2026?
Based on GuruFocus' analysis, First Shanghai Investments stock appears to be overvalued.
The current stock price of HK$0.16 is trading 19.2% above its estimated GF Value™ of HK$0.13.
GuruFocus considers First Shanghai Investments to be Modestly Overvalued.
Key valuation signals for HKSE:00227:
EV-to-FCF: -1.41
GF Value™: HK$0.13 vs. price of HK$0.16 (19.2% above fair value)
No single metric tells the full story. See the HKSE:00227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 HKSE:00227
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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