EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Irico Group New Energy Co's Enterprise Value is HK$6,898 Mil.
Irico Group New Energy Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-279 Mil. Therefore, Irico Group New Energy Co's EV-to-FCF for today is -24.73.
The historical rank and industry rank for Irico Group New Energy Co's EV-to-FCF or its related term are showing as below:
HKSE:00438'
s EV-to-FCF Range Over the Past 10 Years
Min: -36.6 Med: -7.18 Max: 33.71
Current: -24.73
During the past 13 years, the highest EV-to-FCF of Irico Group New Energy Co was 33.71. The lowest was -36.60. And the median was -7.18.
HKSE:00438's EV-to-FCF is ranked worse than 100% of 504
companies
in the Semiconductors industry
Industry Median: 46.88
vs HKSE:00438: -24.73
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.
Irico Group New Energy Co (HKSE:00438) 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.
Irico Group New Energy Co's PE Ratio (TTM) for today is calculated as:
Irico Group New Energy Co's share price for today is HK$1.31.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Irico Group New Energy Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-3.491.
* 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.
Irico Group New Energy Co EV-to-FCF Related Terms
Irico Group New Energy Co 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.
HKSE:00438 vs FSLR, NXT, ENPH: EV-to-FCF Comparison
For the Solar subindustry, Irico Group New Energy Co'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.
Irico Group New Energy Co EV-to-FCF vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Irico Group New Energy Co's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Irico Group New Energy Co's EV-to-FCF falls into.
Irico Group New Energy Co's current Enterprise Value is HK$6,898 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Irico Group New Energy Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-279 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.
Irico Group New Energy Co (HKSE:00438) has a EV-to-FCF of -24.73 as of Jul. 10, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Irico Group New Energy Co and its competitors. According to the industry distribution chart, Irico Group New Energy Co ranks #999999 out of 504 companies in the Semiconductors industry.
Is Irico Group New Energy Co's EV-to-FCF too high?
Irico Group New Energy Co's current EV-to-FCF is -24.73. Based on the distribution chart, Irico Group New Energy Co ranks #999999 out of 504 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Irico Group New Energy Co has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Irico Group New Energy Co's EV-to-FCF compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Irico Group New Energy Co ranks #999999 out of 504 companies for EV-to-FCF. This places Irico Group New Energy Co in the lower half of its industry. The industry median EV-to-FCF is 46.88. 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 Semiconductors company?
The median EV-to-FCF among Semiconductors companies is 46.88, based on 504 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 Irico Group New Energy Co and its competitors. For the Semiconductors industry, the median EV-to-FCF is 46.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Irico Group New Energy Co's current EV-to-FCF is -24.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Irico Group New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Irico Group New Energy Co (HKSE:00438) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.79, compared to a current price of HK$1.31 — trading 53% below its estimated fair value. The current EV-to-FCF is -24.73. Irico Group New Energy Co's overall GF Score™ is 49/100 with 6 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 Irico Group New Energy Co (HKSE:00438), the current EV-to-FCF is -24.73 as of Jul. 10, 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 Irico Group New Energy Co (HKSE:00438) Overvalued in 2026?
Based on GuruFocus' analysis, Irico Group New Energy Co stock appears to be undervalued.
The current stock price of HK$1.31 is trading 53% below its estimated GF Value™ of HK$2.79.
GuruFocus considers Irico Group New Energy Co to be Possible Value Trap.
Key valuation signals for HKSE:00438:
EV-to-FCF: -24.73
GF Value™: HK$2.79 vs. price of HK$1.31 (53% below fair value)
No single metric tells the full story. See the HKSE:00438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Irico Group New Energy Co Ltd is mainly engaged in the solar photovoltaic business. Along with its subsidiaries, it produces and sells solar photovoltaic glass, solar photovoltaic modules, and back glass, which is applied to solar cell module packaging. Its geographical segments are: The People's Republic of China (excluding Hong Kong), and Other countries, of which the majority of the revenue comes from China.
49GF Score
Get the complete analysis for HKSE:00438
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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