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XDHKSE:02400 +4.11%91 EV-to-FCF is 9.67 as of Sep. 06, 2026, which is 30% below its 10-year median of 13.88. GuruFocus rates HKSE:02400 with a GF Score™ of 91/100 and a GF Value™ of HK$38.32 (Fairly Valued). Among 340 Interactive Media companies, XD ranks better than 54.12% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, XD's Enterprise Value is HK$14,790 Mil.
XD's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$1,529 Mil. Therefore, XD's EV-to-FCF for today is 9.67.
The historical rank and industry rank for XD's EV-to-FCF or its related term are showing as below:
HKSE:02400'
s EV-to-FCF Range Over the Past 10 Years
Min: -25.25 Med: 13.88 Max: 8451.42
Current: 9.67
During the past 10 years, the highest EV-to-FCF of XD was 8451.42. The lowest was -25.25. And the median was 13.88.
HKSE:02400's EV-to-FCF is ranked better than 54.12% of 340
companies
in the Interactive Media industry
Industry Median: 10.995
vs HKSE:02400: 9.67
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.
As of today (2026-09-06), XD's stock price is HK$39.98.
XD's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$3.356. Therefore, XD's PE Ratio (TTM) for today is 11.91.
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.
XD's share price for today is HK$39.98.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. XD's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$3.356.
* 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.
XD EV-to-FCF Related Terms
XD EV-to-FCF Historical Data
* Premium members only.
The historical data trend for XD'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:02400 vs NTES, TTWO, RBLX: EV-to-FCF Comparison
For the Electronic Gaming & Multimedia subindustry, XD'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.
XD EV-to-FCF vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, XD's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where XD's EV-to-FCF falls into.
XD's current Enterprise Value is HK$14,790 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. XD's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$1,529 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.
XD (HKSE:02400) has a EV-to-FCF of 9.67 as of Sep. 06, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on XD and its competitors. This is 30% below median its historical median of 13.88. According to the industry distribution chart, XD ranks #156 out of 340 companies in the Interactive Media industry, placing it in the top 45.9%.
Is XD's EV-to-FCF too high?
XD's current EV-to-FCF of 9.67 is 30% below median its 10-year median of 13.88. The Interactive Media industry median EV-to-FCF is 11.00. XD's value of 9.67 is 12.1% below this industry median. Based on the distribution chart, XD ranks #156 out of 340 companies in the Interactive Media industry, which is above the industry midpoint. Overall, XD has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does XD's EV-to-FCF compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, XD ranks #156 out of 340 companies for EV-to-FCF. This puts XD in the upper half of its industry. The industry median EV-to-FCF is 11.00. XD's value of 9.67 is 12.1% below this benchmark. While the company's 10-year median is 13.88 vs. the industry median of 11.00, XD 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 an Interactive Media company?
The median EV-to-FCF among Interactive Media companies is 11.00, based on 340 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. XD's current EV-to-FCF of 9.67 is 12.1% 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 XD and its competitors. For the Interactive Media industry, the median EV-to-FCF is 11.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XD's current EV-to-FCF is 9.67, which is 30% below median its own 10-year median of 13.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XD stock overvalued right now?
Based on GuruFocus' analysis, XD (HKSE:02400) is currently considered Fairly Valued. The stock's GF Value™ is HK$38.32, compared to a current price of HK$39.98 — trading 4.3% above its estimated fair value. The current EV-to-FCF is 9.67, which is 30% below median its 10-year median of 13.88 and 12.1% below the Interactive Media industry median of 11.00. XD's overall GF Score™ is 91/100. 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 XD (HKSE:02400), the current EV-to-FCF is 9.67 as of Sep. 06, 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 XD (HKSE:02400) Overvalued in 2026?
Based on GuruFocus' analysis, XD stock appears to be overvalued.
The current stock price of HK$39.98 is trading 4.3% above its estimated GF Value™ of HK$38.32.
GuruFocus considers XD to be Fairly Valued.
Key valuation signals for HKSE:02400:
EV-to-FCF: 9.67 (30% below median its 10-year median of 13.88)
GF Value™: HK$38.32 vs. price of HK$39.98 (4.3% above fair value)
Industry Position: 12.1% below the Interactive Media median (#156 of 340)
No single metric tells the full story. See the HKSE:02400 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
XD Inc is an investment holding company. It is principally engaged in the development, operation, publishing and distribution of mobile and web games and operation of TapTap, a game community and platform. Its operating segments are game segment, offers game publishing and operating services on its own and via other Distribution Channels. Revenues from the game segment are mainly derived from game publishing and operating services. The TapTap platform segment offers online marketing services to game developers, game publishers, or their agents through the group's self-developed primary game community and platform. It generates majority of revenue from Game segment. Geographically majority of revenue comes from Chinese mainland.
91GF Score
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