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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, New Concepts Holdings's Enterprise Value is HK$455.5 Mil.
New Concepts Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 was HK$-0.4 Mil. Therefore, New Concepts Holdings's EV-to-FCF for today is -1,297.80.
The historical rank and industry rank for New Concepts Holdings's EV-to-FCF or its related term are showing as below:
HKSE:02221'
s EV-to-FCF Range Over the Past 10 Years
Min: -1323.93 Med: -6.15 Max: 31.08
Current: -1310.87
During the past 13 years, the highest EV-to-FCF of New Concepts Holdings was 31.08. The lowest was -1323.93. And the median was -6.15.
HKSE:02221's EV-to-FCF is ranked worse than 100% of 1104
companies
in the Construction industry
Industry Median: 12.945
vs HKSE:02221: -1310.87
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.
New Concepts Holdings (HKSE:02221) 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.
New Concepts Holdings's PE Ratio (TTM) for today is calculated as:
New Concepts Holdings's share price for today is HK$0.62.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. New Concepts Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 was HK$-0.315.
* 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.
* 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 Engineering & Construction subindustry, New Concepts 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.
New Concepts Holdings EV-to-FCF vs Construction Industry
For the Construction industry and Industrials sector, New Concepts Holdings's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where New Concepts Holdings's EV-to-FCF falls into.
New Concepts Holdings's current Enterprise Value is HK$455.5 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. New Concepts Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 was HK$-0.4 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.
New Concepts Holdings (HKSE:02221) has a EV-to-FCF of -1,297.80 as of Aug. 01, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on New Concepts Holdings and its competitors. According to the industry distribution chart, New Concepts Holdings ranks #999999 out of 1104 companies in the Construction industry.
Is New Concepts Holdings' EV-to-FCF too high?
New Concepts Holdings' current EV-to-FCF is -1,297.80. Based on the distribution chart, New Concepts Holdings ranks #999999 out of 1104 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, New Concepts Holdings has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New Concepts Holdings' EV-to-FCF compare to PWR and FIX?
According to the Construction industry distribution chart, New Concepts Holdings ranks #999999 out of 1104 companies for EV-to-FCF. This places New Concepts Holdings in the lower half of its industry. The industry median EV-to-FCF is 12.95. 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 Construction company?
The median EV-to-FCF among Construction companies is 12.95, based on 1,104 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 New Concepts Holdings and its competitors. For the Construction industry, the median EV-to-FCF is 12.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Concepts Holdings's current EV-to-FCF is -1,297.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Concepts Holdings stock overvalued right now?
Based on GuruFocus' analysis, New Concepts Holdings (HKSE:02221) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.68, compared to a current price of HK$0.62 — trading 76.9% below its estimated fair value. The current EV-to-FCF is -1,297.80. New Concepts Holdings' overall GF Score™ is 52/100 with 7 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 New Concepts Holdings (HKSE:02221), the current EV-to-FCF is -1,297.80 as of Aug. 01, 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 New Concepts Holdings (HKSE:02221) Overvalued in 2026?
Based on GuruFocus' analysis, New Concepts Holdings stock appears to be undervalued.
The current stock price of HK$0.62 is trading 76.9% below its estimated GF Value™ of HK$2.68.
GuruFocus considers New Concepts Holdings to be Possible Value Trap.
Key valuation signals for HKSE:02221:
EV-to-FCF: -1,297.80
GF Value™: HK$2.68 vs. price of HK$0.62 (76.9% below fair value)
No single metric tells the full story. See the HKSE:02221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Concepts Holdings Ltd is an investment holding company, which majorly focuses on foundation works, civil engineering, and general building services, and environmental protection projects, including kitchen waste treatment, environmental park development, and new energy materials in Mainland China. The company's operating segment includes Construction works and Environmental protection services. It generates maximum revenue from the Construction works segment. The Construction work segment is engaged in the provision of foundation works, civil engineering works, and general building works in Hong Kong. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in Mainland China.
52GF Score
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EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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