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Ares AsiaHKSE:00645 40 EV-to-FCF is -8.29 as of Aug. 09, 2026. GuruFocus rates HKSE:00645 with a GF Score™ of 40/100 and a GF Value™ of HK$0.01 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 67 Other Energy Sources companies, Ares Asia ranks worse than 1492535.82% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Ares Asia's Enterprise Value is HK$88.44 Mil.
Ares Asia's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was HK$-10.67 Mil. Therefore, Ares Asia's EV-to-FCF for today is -8.29.
The historical rank and industry rank for Ares Asia's EV-to-FCF or its related term are showing as below:
HKSE:00645'
s EV-to-FCF Range Over the Past 10 Years
Min: -8.94 Med: 0.28 Max: 42.67
Current: -8.29
During the past 13 years, the highest EV-to-FCF of Ares Asia was 42.67. The lowest was -8.94. And the median was 0.28.
HKSE:00645's EV-to-FCF is ranked worse than 100% of 67
companies
in the Other Energy Sources industry
Industry Median: 8.85
vs HKSE:00645: -8.29
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.
Ares Asia's share price for today is HK$0.177.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ares Asia's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was HK$-0.011.
* 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.
Ares Asia EV-to-FCF Related Terms
Ares Asia EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Ares Asia'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 Thermal Coal subindustry, Ares Asia'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.
Ares Asia EV-to-FCF vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Ares Asia's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Ares Asia's EV-to-FCF falls into.
Ares Asia's current Enterprise Value is HK$88.44 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ares Asia's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was HK$-10.67 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.
Ares Asia (HKSE:00645) has a EV-to-FCF of -8.29 as of Aug. 09, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ares Asia and its competitors. According to the industry distribution chart, Ares Asia ranks #999999 out of 67 companies in the Other Energy Sources industry.
Is Ares Asia's EV-to-FCF too high?
Ares Asia's current EV-to-FCF is -8.29. Based on the distribution chart, Ares Asia ranks #999999 out of 67 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Ares Asia has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ares Asia's EV-to-FCF compare to competitors?
According to the Other Energy Sources industry distribution chart, Ares Asia ranks #999999 out of 67 companies for EV-to-FCF. This places Ares Asia in the lower half of its industry. The industry median EV-to-FCF is 8.85. 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 an Other Energy Sources company?
The median EV-to-FCF among Other Energy Sources companies is 8.85, based on 67 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 Ares Asia and its competitors. For the Other Energy Sources industry, the median EV-to-FCF is 8.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ares Asia's current EV-to-FCF is -8.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ares Asia stock overvalued right now?
Based on GuruFocus' analysis, Ares Asia (HKSE:00645) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.01, compared to a current price of HK$0.18 — trading 1670% above its estimated fair value. The current EV-to-FCF is -8.29. Ares Asia's overall GF Score™ is 40/100 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 Ares Asia (HKSE:00645), the current EV-to-FCF is -8.29 as of Aug. 09, 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 Ares Asia (HKSE:00645) Overvalued in 2026?
Based on GuruFocus' analysis, Ares Asia stock appears to be overvalued.
The current stock price of HK$0.18 is trading 1670% above its estimated GF Value™ of HK$0.01.
GuruFocus considers Ares Asia to be Significantly Overvalued.
Key valuation signals for HKSE:00645:
EV-to-FCF: -8.29
GF Value™: HK$0.01 vs. price of HK$0.18 (1670% above fair value)
No single metric tells the full story. See the HKSE:00645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ares Asia Ltd is an investment holding company. The group is principally engaged in the business of coal trading, entailing the selling of coal purchased from various countries to Mainland China and other commodities trading, which encompasses supply chain management and risk management service. Its business falls under the primary segment of Coal and other trading. Geographically, the group has a business presence in Mainland China, Hong Kong, and other countries, of which maximum revenue is derived from Mainland China.
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