Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, FriendTimes's Enterprise Value is HK$-46 Mil.
FriendTimes's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was HK$62 Mil. Therefore, FriendTimes's EV-to-FCF for today is -0.74.
The historical rank and industry rank for FriendTimes's EV-to-FCF or its related term are showing as below:
HKSE:06820'
s EV-to-FCF Range Over the Past 10 Years
Min: -34.4 Med: 4.58 Max: 23.06
Current: -0.74
During the past 10 years, the highest EV-to-FCF of FriendTimes was 23.06. The lowest was -34.40. And the median was 4.58.
HKSE:06820's EV-to-FCF is ranked better than 94.35% of 336
companies
in the Interactive Media industry
Industry Median: 10.705
vs HKSE:06820: -0.74
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.
FriendTimes's PE Ratio (TTM) for today is calculated as:
FriendTimes's share price for today is HK$0.355.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. FriendTimes's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was HK$0.057.
* 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.
FriendTimes EV-to-FCF Related Terms
FriendTimes EV-to-FCF Historical Data
* Premium members only.
The historical data trend for FriendTimes'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:06820 vs NTES, TTWO, RBLX: EV-to-FCF Comparison
For the Electronic Gaming & Multimedia subindustry, FriendTimes'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.
FriendTimes EV-to-FCF vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, FriendTimes's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where FriendTimes's EV-to-FCF falls into.
FriendTimes's current Enterprise Value is HK$-46 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. FriendTimes's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was HK$62 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.
FriendTimes (HKSE:06820) has a EV-to-FCF of -0.74 as of Sep. 05, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on FriendTimes and its competitors. According to the industry distribution chart, FriendTimes ranks #19 out of 336 companies in the Interactive Media industry, placing it in the top 5.7%.
Is FriendTimes' EV-to-FCF too high?
FriendTimes' current EV-to-FCF is -0.74. Based on the distribution chart, FriendTimes ranks #19 out of 336 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, FriendTimes has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FriendTimes' EV-to-FCF compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, FriendTimes ranks #19 out of 336 companies for EV-to-FCF. This places FriendTimes in the top 6% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 10.71. 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 10.71, based on 336 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 FriendTimes and its competitors. For the Interactive Media industry, the median EV-to-FCF is 10.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FriendTimes's current EV-to-FCF is -0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FriendTimes stock overvalued right now?
Based on GuruFocus' analysis, FriendTimes (HKSE:06820) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.82, compared to a current price of HK$0.36 — trading 56.7% below its estimated fair value. The current EV-to-FCF is -0.74. FriendTimes' overall GF Score™ is 50/100 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 FriendTimes (HKSE:06820), the current EV-to-FCF is -0.74 as of Sep. 05, 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 FriendTimes (HKSE:06820) Overvalued in 2026?
Based on GuruFocus' analysis, FriendTimes stock appears to be undervalued.
The current stock price of HK$0.36 is trading 56.7% below its estimated GF Value™ of HK$0.82.
GuruFocus considers FriendTimes to be Possible Value Trap.
Key valuation signals for HKSE:06820:
EV-to-FCF: -0.74
GF Value™: HK$0.82 vs. price of HK$0.36 (56.7% below fair value)
No single metric tells the full story. See the HKSE:06820 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FriendTimes Inc is an online game manufacturer and operator in China. Its game portfolio includes Fate of the Empress, Legend of Empress, Promise of Lingyun, A Story of Lala's: Rising Star, Twist of the Fate, Ink Sword: Jianghu. It derives revenue from the provision of mobile game development and publishing services. Geographically the company operates in the Chinese Mainland and Overeas.
50GF Score
Get the complete analysis for HKSE:06820
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:06820 has been successfully added to your 
