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Capital Environment HoldingsHKSE:03989 -3.57% EV-to-FCF is 50.04 as of Aug. 29, 2026. The stock has 4 warning signs investors should review. Among 136 Waste Management companies, Capital Environment Holdings ranks worse than 78.68% on this metric.
The historical rank and industry rank for Capital Environment Holdings's EV-to-FCF or its related term are showing as below:
HKSE:03989'
s EV-to-FCF Range Over the Past 10 Years
Min: -39.77 Med: -7.21 Max: 180.01
Current: 50.04
During the past 13 years, the highest EV-to-FCF of Capital Environment Holdings was 180.01. The lowest was -39.77. And the median was -7.21.
HKSE:03989's EV-to-FCF is ranked worse than 78.68% of 136
companies
in the Waste Management industry
Industry Median: 19.795
vs HKSE:03989: 50.04
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.
Capital Environment Holdings (HKSE:03989) 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.
Capital Environment Holdings's PE Ratio (TTM) for today is calculated as:
Capital Environment Holdings's share price for today is HK$0.081.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Capital Environment Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.024.
* 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.
Capital Environment Holdings EV-to-FCF Related Terms
Capital Environment Holdings EV-to-FCF Historical Data
* 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 Waste Management subindustry, Capital Environment 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.
Capital Environment Holdings EV-to-FCF vs Waste Management Industry
For the Waste Management industry and Industrials sector, Capital Environment Holdings's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Capital Environment Holdings's EV-to-FCF falls into.
Capital Environment Holdings's current Enterprise Value is HK$11,787 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Capital Environment Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$236 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.
Capital Environment Holdings (HKSE:03989) has a EV-to-FCF of 50.04 as of Aug. 29, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Capital Environment Holdings and its competitors. According to the industry distribution chart, Capital Environment Holdings ranks #107 out of 136 companies in the Waste Management industry, placing it in the top 78.7%.
Is Capital Environment Holdings' EV-to-FCF too high?
Capital Environment Holdings' current EV-to-FCF is 50.04. The Waste Management industry median EV-to-FCF is 19.80. Capital Environment Holdings' value of 50.04 is 152.8% above this industry median. Based on the distribution chart, Capital Environment Holdings ranks #107 out of 136 companies in the Waste Management industry, which is in the bottom quartile relative to peers.
How does Capital Environment Holdings' EV-to-FCF compare to WM and RSG?
According to the Waste Management industry distribution chart, Capital Environment Holdings ranks #107 out of 136 companies for EV-to-FCF. This places Capital Environment Holdings in the lower half of its industry. The industry median EV-to-FCF is 19.80. Capital Environment Holdings' value of 50.04 is 152.8% above this benchmark. 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 Waste Management company?
The median EV-to-FCF among Waste Management companies is 19.80, based on 136 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. Capital Environment Holdings's current EV-to-FCF of 50.04 is 152.8% above 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 Capital Environment Holdings and its competitors. For the Waste Management industry, the median EV-to-FCF is 19.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Capital Environment Holdings's current EV-to-FCF is 50.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Environment Holdings stock overvalued right now?
Based on GuruFocus' analysis, Capital Environment Holdings (HKSE:03989) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.08 — trading 1.3% above its estimated fair value. The current EV-to-FCF is 50.04 and 152.8% above the Waste Management industry median of 19.80. 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 Capital Environment Holdings (HKSE:03989), the current EV-to-FCF is 50.04 as of Aug. 29, 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.
Capital Environment Holdings Ltd is an investment holding company engaged in the provision of waste treatment technologies and services, which specializes in technology development, design, system integration, project investment, consultancy, operation, and maintenance of waste treatment facilities, especially waste-to-energy projects. The Group has a single reportable segment which is the Waste treatment & waste-to-energy business.
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