What is Zhejiang Zheneng Electric Power Co EV-to-FCF?
Zhejiang Zheneng Electric Power CoSHSE:600023 +1.69%75 EV-to-FCF is 23.65 as of Jul. 10, 2026, which is 36% above its 10-year median of 17.41. GuruFocus rates SHSE:600023 with a GF Score™ of 75/100 and a GF Value™ of ¥4.84 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 237 Utilities - Independent Power Producers companies, Zhejiang Zheneng Electric Power Co ranks worse than 62.87% on this metric.
SHSE:600023'
s EV-to-FCF Range Over the Past 10 Years
Min: -25.41 Med: 17.41 Max: 68.81
Current: 24.03
During the past 13 years, the highest EV-to-FCF of Zhejiang Zheneng Electric Power Co was 68.81. The lowest was -25.41. And the median was 17.41.
SHSE:600023's EV-to-FCF is ranked worse than 62.87% of 237
companies
in the Utilities - Independent Power Producers industry
Industry Median: 15.57
vs SHSE:600023: 24.03
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.
Zhejiang Zheneng Electric Power Co (SHSE:600023) 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.
Zhejiang Zheneng Electric Power Co's PE Ratio (TTM) for today is calculated as:
Zhejiang Zheneng Electric Power Co's share price for today is ¥5.40.
Zhejiang Zheneng Electric Power 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 ¥0.550.
* 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.
Zhejiang Zheneng Electric Power Co EV-to-FCF Related Terms
Zhejiang Zheneng Electric Power Co 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.
Zhejiang Zheneng Electric Power Co EV-to-FCF Chart
SHSE:600023 vs CEG, VST, NRG: EV-to-FCF Comparison
For the Utilities - Independent Power Producers subindustry, Zhejiang Zheneng Electric Power 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.
Zhejiang Zheneng Electric Power Co EV-to-FCF vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Zhejiang Zheneng Electric Power Co's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Zhejiang Zheneng Electric Power Co's EV-to-FCF falls into.
Zhejiang Zheneng Electric Power Co's current Enterprise Value is ¥115,964 Mil.
Zhejiang Zheneng Electric Power 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 ¥4,904 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.
Zhejiang Zheneng Electric Power Co (SHSE:600023) has a EV-to-FCF of 23.65 as of Jul. 10, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Zhejiang Zheneng Electric Power Co and its competitors. This is 36% above median its historical median of 17.41. According to the industry distribution chart, Zhejiang Zheneng Electric Power Co ranks #149 out of 237 companies in the Utilities - Independent Power Producers industry, placing it in the top 62.9%.
Is Zhejiang Zheneng Electric Power Co's EV-to-FCF too high?
Zhejiang Zheneng Electric Power Co's current EV-to-FCF of 23.65 is 36% above median its 10-year median of 17.41. The Utilities - Independent Power Producers industry median EV-to-FCF is 15.57. Zhejiang Zheneng Electric Power Co's value of 23.65 is 51.9% above this industry median. Based on the distribution chart, Zhejiang Zheneng Electric Power Co ranks #149 out of 237 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Zhejiang Zheneng Electric Power Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Zheneng Electric Power Co's EV-to-FCF compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Zhejiang Zheneng Electric Power Co ranks #149 out of 237 companies for EV-to-FCF. This places Zhejiang Zheneng Electric Power Co in the lower half of its industry. The industry median EV-to-FCF is 15.57. Zhejiang Zheneng Electric Power Co's value of 23.65 is 51.9% above this benchmark. While the company's 10-year median is 17.41 vs. the industry median of 15.57, Zhejiang Zheneng Electric Power 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 an Utilities - Independent Power Producers company?
The median EV-to-FCF among Utilities - Independent Power Producers companies is 15.57, based on 237 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. Zhejiang Zheneng Electric Power Co's current EV-to-FCF of 23.65 is 51.9% 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 Zhejiang Zheneng Electric Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median EV-to-FCF is 15.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Zheneng Electric Power Co's current EV-to-FCF is 23.65, which is 36% above median its own 10-year median of 17.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Zheneng Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Zheneng Electric Power Co (SHSE:600023) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥4.84, compared to a current price of ¥5.40 — trading 11.6% above its estimated fair value. The current EV-to-FCF is 23.65, which is 36% above median its 10-year median of 17.41 and 51.9% above the Utilities - Independent Power Producers industry median of 15.57. Zhejiang Zheneng Electric Power Co's overall GF Score™ is 75/100 with 3 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 Zhejiang Zheneng Electric Power Co (SHSE:600023), the current EV-to-FCF is 23.65 as of Jul. 10, 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 Zhejiang Zheneng Electric Power Co (SHSE:600023) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Zheneng Electric Power Co stock appears to be overvalued.
The current stock price of ¥5.40 is trading 11.6% above its estimated GF Value™ of ¥4.84.
GuruFocus considers Zhejiang Zheneng Electric Power Co to be Modestly Overvalued.
Key valuation signals for SHSE:600023:
EV-to-FCF: 23.65 (36% above median its 10-year median of 17.41)
GF Value™: ¥4.84 vs. price of ¥5.40 (11.6% above fair value)
Industry Position: 51.9% above the Utilities - Independent Power Producers median (#149 of 237)
No single metric tells the full story. See the SHSE:600023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Zheneng Electric Power Co Business Description
AddressNo. 36, Zijinghua Road, 10th Floor, Building A, Zhejiang Energy Science and Technology Innovation Center, Xihu District, Zhejiang Province, Hangzhou, CHN, 310013
Zhejiang Zheneng Electric Power Co Ltd is engaged in the thermal power generation business in China. It also provides thermal products, as well as invests in nuclear power.
75GF Score
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