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Tristate HoldingsHKSE:00458 -0.93%75 EV-to-FCF is 1.72 as of Aug. 30, 2026, which is 20% above its 10-year median of 1.43. GuruFocus rates HKSE:00458 with a GF Score™ of 75/100 and a GF Value™ of HK$1.76 (Fairly Valued). The stock has 3 warning signs investors should review. Among 638 Manufacturing - Apparel & Accessories companies, Tristate Holdings ranks better than 93.1% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Tristate Holdings's Enterprise Value is HK$252 Mil.
Tristate Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$147 Mil. Therefore, Tristate Holdings's EV-to-FCF for today is 1.72.
The historical rank and industry rank for Tristate Holdings's EV-to-FCF or its related term are showing as below:
HKSE:00458'
s EV-to-FCF Range Over the Past 10 Years
Min: -21.08 Med: 1.43 Max: 68.83
Current: 1.72
During the past 13 years, the highest EV-to-FCF of Tristate Holdings was 68.83. The lowest was -21.08. And the median was 1.43.
HKSE:00458's EV-to-FCF is ranked better than 93.1% of 638
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 15.23
vs HKSE:00458: 1.72
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.
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.
Tristate Holdings's PE Ratio (TTM) for today is calculated as:
Tristate Holdings's share price for today is HK$1.60.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tristate Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.450.
* 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.
Tristate Holdings EV-to-FCF Related Terms
Tristate Holdings EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Tristate 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.
For the Apparel Manufacturing subindustry, Tristate 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.
Tristate Holdings EV-to-FCF vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tristate Holdings's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Tristate Holdings's EV-to-FCF falls into.
Tristate Holdings's current Enterprise Value is HK$252 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tristate Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$147 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.
Tristate Holdings (HKSE:00458) has a EV-to-FCF of 1.72 as of Aug. 30, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Tristate Holdings and its competitors. This is 20% above median its historical median of 1.43. According to the industry distribution chart, Tristate Holdings ranks #44 out of 638 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 6.9%.
Is Tristate Holdings' EV-to-FCF too high?
Tristate Holdings' current EV-to-FCF of 1.72 is 20% above median its 10-year median of 1.43. The Manufacturing - Apparel & Accessories industry median EV-to-FCF is 15.23. Tristate Holdings' value of 1.72 is 88.7% below this industry median. Based on the distribution chart, Tristate Holdings ranks #44 out of 638 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Tristate Holdings has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tristate Holdings' EV-to-FCF compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Tristate Holdings ranks #44 out of 638 companies for EV-to-FCF. This places Tristate Holdings in the top 7% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 15.23. Tristate Holdings' value of 1.72 is 88.7% below this benchmark. While the company's 10-year median is 1.43 vs. the industry median of 15.23, Tristate Holdings has consistently been below the industry average. 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 Manufacturing - Apparel & Accessories company?
The median EV-to-FCF among Manufacturing - Apparel & Accessories companies is 15.23, based on 638 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. Tristate Holdings's current EV-to-FCF of 1.72 is 88.7% below the industry median. 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 Tristate Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median EV-to-FCF is 15.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tristate Holdings's current EV-to-FCF is 1.72, which is 20% above median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tristate Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tristate Holdings (HKSE:00458) is currently considered Fairly Valued. The stock's GF Value™ is HK$1.76, compared to a current price of HK$1.60 — trading 9.1% below its estimated fair value. The current EV-to-FCF is 1.72, which is 20% above median its 10-year median of 1.43 and 88.7% below the Manufacturing - Apparel & Accessories industry median of 15.23. Tristate Holdings' overall GF Score™ is 75/100 with 3 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 Tristate Holdings (HKSE:00458), the current EV-to-FCF is 1.72 as of Aug. 30, 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 Tristate Holdings (HKSE:00458) Overvalued in 2026?
Based on GuruFocus' analysis, Tristate Holdings stock appears to be undervalued.
The current stock price of HK$1.60 is trading 9.1% below its estimated GF Value™ of HK$1.76.
GuruFocus considers Tristate Holdings to be Fairly Valued.
Key valuation signals for HKSE:00458:
EV-to-FCF: 1.72 (20% above median its 10-year median of 1.43)
GF Value™: HK$1.76 vs. price of HK$1.60 (9.1% below fair value)
Industry Position: 88.7% below the Manufacturing - Apparel & Accessories median (#44 of 638)
No single metric tells the full story. See the HKSE:00458 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tristate Holdings Ltd principal activities are garment manufacturing; and brands business. The company's segment comprises the Garment manufacturing and Brands business. The company generates majority of revenue from Garment Manufacturing. The company's brands includes C.P. Company, Cissonne, NAUTICAL, Spyder, Massimo Osti Studio.
75GF Score
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