Henan Zhongyuan Expressway Co (SHSE:600020) EV-to-FCF: 130.78 (As of Jul. 08, 2026) — 601% Above Median


SHSE:600020 Henan Zhongyuan Expressway Co Ltd SHSE:600020
55 GF Score
Price ¥3.77
GF Value ¥4.72
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Henan Zhongyuan Expressway Co EV-to-FCF?

Henan Zhongyuan Expressway Co SHSE:600020 55 EV-to-FCF is 130.78 as of Jul. 08, 2026, which is 601% above its 10-year median of 18.66. GuruFocus rates SHSE:600020 with a GF Score™ of 55/100 and a GF Value™ of ¥4.72 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,097 Construction companies, Henan Zhongyuan Expressway Co ranks worse than 93.44% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Henan Zhongyuan Expressway Co's Enterprise Value is ¥41,809 Mil. Henan Zhongyuan Expressway Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ¥320 Mil. Therefore, Henan Zhongyuan Expressway Co's EV-to-FCF for today is 130.78.

The historical rank and industry rank for Henan Zhongyuan Expressway Co's EV-to-FCF or its related term are showing as below:

SHSE:600020' s EV-to-FCF Range Over the Past 10 Years
Min: -993.11   Med: 18.66   Max: 134.84
Current: 131

During the past 13 years, the highest EV-to-FCF of Henan Zhongyuan Expressway Co was 134.84. The lowest was -993.11. And the median was 18.66.

SHSE:600020's EV-to-FCF is ranked worse than
93.44% of 1097 companies
in the Construction industry
Industry Median: 13.46 vs SHSE:600020: 131.00

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 (2026-07-08), Henan Zhongyuan Expressway Co's stock price is ¥3.77. Henan Zhongyuan Expressway Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥0.237. Therefore, Henan Zhongyuan Expressway Co's PE Ratio (TTM) for today is 15.91.


Henan Zhongyuan Expressway Co  (SHSE:600020) 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.

Henan Zhongyuan Expressway Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=3.77/0.237
=15.91

Henan Zhongyuan Expressway Co's share price for today is ¥3.77.
Henan Zhongyuan Expressway Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.237.

* 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.


Henan Zhongyuan Expressway Co EV-to-FCF Related Terms


Henan Zhongyuan Expressway Co EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Henan Zhongyuan Expressway Co'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.

Henan Zhongyuan Expressway Co EV-to-FCF Chart

Henan Zhongyuan Expressway Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.92 -24.78 28.67 -45.31 78.32

Henan Zhongyuan Expressway Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -133.14 -94.60 -942.57 78.32 131.49

Henan Zhongyuan Expressway Co EV-to-FCF Competitor Comparison

For the Infrastructure Operations subindustry, Henan Zhongyuan Expressway Co'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.


Henan Zhongyuan Expressway Co EV-to-FCF vs Construction Industry

For the Construction industry and Industrials sector, Henan Zhongyuan Expressway Co's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Henan Zhongyuan Expressway Co's EV-to-FCF falls into.


SHSE:600020
55GF Score
Henan Zhongyuan Expressway Co Ltd SHSE:600020
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Henan Zhongyuan Expressway Co EV-to-FCF Calculation

Henan Zhongyuan Expressway Co's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=41809.410/319.682
=130.78

Henan Zhongyuan Expressway Co's current Enterprise Value is ¥41,809 Mil.
Henan Zhongyuan Expressway Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥320 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 130.78 mean?
Henan Zhongyuan Expressway Co (SHSE:600020) has a EV-to-FCF of 130.78 as of Jul. 08, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Henan Zhongyuan Expressway Co and its competitors. This is 601% above median its historical median of 18.66. According to the industry distribution chart, Henan Zhongyuan Expressway Co ranks #1025 out of 1097 companies in the Construction industry, placing it in the top 93.4%.
Is Henan Zhongyuan Expressway Co's EV-to-FCF too high?
Henan Zhongyuan Expressway Co's current EV-to-FCF of 130.78 is 601% above median its 10-year median of 18.66. The Construction industry median EV-to-FCF is 13.46. Henan Zhongyuan Expressway Co's value of 130.78 is 871.6% above this industry median. Based on the distribution chart, Henan Zhongyuan Expressway Co ranks #1025 out of 1097 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Henan Zhongyuan Expressway Co has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Henan Zhongyuan Expressway Co's EV-to-FCF compare to competitors?
According to the Construction industry distribution chart, Henan Zhongyuan Expressway Co ranks #1025 out of 1097 companies for EV-to-FCF. This places Henan Zhongyuan Expressway Co in the lower half of its industry. The industry median EV-to-FCF is 13.46. Henan Zhongyuan Expressway Co's value of 130.78 is 871.6% above this benchmark. While the company's 10-year median is 18.66 vs. the industry median of 13.46, Henan Zhongyuan Expressway Co has consistently been above 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 a Construction company?
The median EV-to-FCF among Construction companies is 13.46, based on 1,097 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. Henan Zhongyuan Expressway Co's current EV-to-FCF of 130.78 is 871.6% 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 Henan Zhongyuan Expressway Co and its competitors. For the Construction industry, the median EV-to-FCF is 13.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henan Zhongyuan Expressway Co's current EV-to-FCF is 130.78, which is 601% above median its own 10-year median of 18.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Zhongyuan Expressway Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Zhongyuan Expressway Co (SHSE:600020) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.72, compared to a current price of ¥3.77 — trading 20.1% below its estimated fair value. The current EV-to-FCF is 130.78, which is 601% above median its 10-year median of 18.66 and 871.6% above the Construction industry median of 13.46. Henan Zhongyuan Expressway Co's overall GF Score™ is 55/100 with 6 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 Henan Zhongyuan Expressway Co (SHSE:600020), the current EV-to-FCF is 130.78 as of Jul. 08, 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 Henan Zhongyuan Expressway Co (SHSE:600020) Overvalued in 2026?

Based on GuruFocus' analysis, Henan Zhongyuan Expressway Co stock appears to be undervalued. The current stock price of ¥3.77 is trading 20.1% below its estimated GF Value™ of ¥4.72. GuruFocus considers Henan Zhongyuan Expressway Co to be Modestly Undervalued.

Key valuation signals for SHSE:600020:

  • EV-to-FCF: 130.78 (601% above median its 10-year median of 18.66)
  • GF Value™: ¥4.72 vs. price of ¥3.77 (20.1% below fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 871.6% above the Construction median (#1025 of 1097)

No single metric tells the full story. See the SHSE:600020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Henan Zhongyuan Expressway Co Business Description

Address No. 93 Zhongyuan Road, Zhengzhou, Henan, CHN, 450052
Henan Zhongyuan Expressway Co Ltd engages in investment, operation, management, and maintenance of high-grade highways, independent bridges, and other transportation infrastructure projects. It operates Zhengxi, Zhumadian, Zhengzhou, Pingdingshan, Zhengxin yellow river bridge, Zhengkai, Shangqiu, and Jixian County projects. The company also engages in the highway construction, management, investment, and financing systems.
55GF Score

Get the complete analysis for SHSE:600020

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥3.77
Price
¥4.72
GF Value