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SMIT HoldingsHKSE:02239 40 EV-to-FCF is -8.41 as of Aug. 01, 2026. GuruFocus rates HKSE:02239 with a GF Score™ of 40/100 and a GF Value™ of HK$0.83 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 501 Semiconductors companies, SMIT Holdings ranks worse than 199600.6% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, SMIT Holdings's Enterprise Value is HK$388.1 Mil.
SMIT Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-46.2 Mil. Therefore, SMIT Holdings's EV-to-FCF for today is -8.41.
The historical rank and industry rank for SMIT Holdings's EV-to-FCF or its related term are showing as below:
HKSE:02239'
s EV-to-FCF Range Over the Past 10 Years
Min: -135.17 Med: -2.41 Max: 36.94
Current: -8.06
During the past 13 years, the highest EV-to-FCF of SMIT Holdings was 36.94. The lowest was -135.17. And the median was -2.41.
HKSE:02239's EV-to-FCF is ranked worse than 100% of 501
companies
in the Semiconductors industry
Industry Median: 39.1
vs HKSE:02239: -8.06
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.
SMIT Holdings's PE Ratio (TTM) for today is calculated as:
SMIT Holdings's share price for today is HK$1.36.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. SMIT Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-0.127.
* 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.
SMIT Holdings EV-to-FCF Related Terms
SMIT Holdings EV-to-FCF Historical Data
* Premium members only.
The historical data trend for SMIT 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.
HKSE:02239 vs NVDA, AVGO, MU: EV-to-FCF Comparison
For the Semiconductors subindustry, SMIT 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.
SMIT Holdings EV-to-FCF vs Semiconductors Industry
For the Semiconductors industry and Technology sector, SMIT Holdings's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where SMIT Holdings's EV-to-FCF falls into.
SMIT Holdings's current Enterprise Value is HK$388.1 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. SMIT Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-46.2 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.
SMIT Holdings (HKSE:02239) has a EV-to-FCF of -8.41 as of Aug. 01, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on SMIT Holdings and its competitors. According to the industry distribution chart, SMIT Holdings ranks #999999 out of 501 companies in the Semiconductors industry.
Is SMIT Holdings' EV-to-FCF too high?
SMIT Holdings' current EV-to-FCF is -8.41. Based on the distribution chart, SMIT Holdings ranks #999999 out of 501 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, SMIT Holdings has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SMIT Holdings' EV-to-FCF compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, SMIT Holdings ranks #999999 out of 501 companies for EV-to-FCF. This places SMIT Holdings in the lower half of its industry. The industry median EV-to-FCF is 39.10. 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 39.10, based on 501 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 SMIT Holdings and its competitors. For the Semiconductors industry, the median EV-to-FCF is 39.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMIT Holdings's current EV-to-FCF is -8.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMIT Holdings stock overvalued right now?
Based on GuruFocus' analysis, SMIT Holdings (HKSE:02239) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.83, compared to a current price of HK$1.36 — trading 63.9% above its estimated fair value. The current EV-to-FCF is -8.41. SMIT Holdings' 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 SMIT Holdings (HKSE:02239), the current EV-to-FCF is -8.41 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 SMIT Holdings (HKSE:02239) Overvalued in 2026?
Based on GuruFocus' analysis, SMIT Holdings stock appears to be overvalued.
The current stock price of HK$1.36 is trading 63.9% above its estimated GF Value™ of HK$0.83.
GuruFocus considers SMIT Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:02239:
EV-to-FCF: -8.41
GF Value™: HK$0.83 vs. price of HK$1.36 (63.9% above fair value)
No single metric tells the full story. See the HKSE:02239 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SMIT Holdings Ltd is an investment holding company. The company is principally engaged in the development and sales of conditional access modules; research, development and sales of smart sensing-oriented products and solution; and provision of integrated circuit solutions. The company has four reportable segments: CAM, Intelligent Sense, Investments, and Other businesses. The company generates the majority of its revenue from the CAM segment is engaged in the development and sales of security products that enable secure distribution and delivery of digital content to television. Geographically, the company generates the majority of its revenue from Europe, followed by China (including Hong Kong) and Others.
40GF Score
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