Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863) EV-to-FCF: 22.38 (As of Jul. 17, 2026) — 13% Above Median

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SHSE:600863 Inner Mongolia Mengdian Huaneng Thermal Power Corp Ltd SHSE:600863
76 GF Score
Price ¥4.56
GF Value ¥3.70
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Inner Mongolia Mengdian Huaneng Thermal Power EV-to-FCF?

Inner Mongolia Mengdian Huaneng Thermal Power SHSE:600863 -1.30% 76 EV-to-FCF is 22.38 as of Jul. 17, 2026, which is 13% above its 10-year median of 19.77. GuruFocus rates SHSE:600863 with a GF Score™ of 76/100 and a GF Value™ of ¥3.70 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 236 Utilities - Independent Power Producers companies, Inner Mongolia Mengdian Huaneng Thermal Power ranks worse than 60.59% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Inner Mongolia Mengdian Huaneng Thermal Power's Enterprise Value is ¥56,866 Mil. Inner Mongolia Mengdian Huaneng Thermal Power's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ¥2,541 Mil. Therefore, Inner Mongolia Mengdian Huaneng Thermal Power's EV-to-FCF for today is 22.38.

The historical rank and industry rank for Inner Mongolia Mengdian Huaneng Thermal Power's EV-to-FCF or its related term are showing as below:

SHSE:600863' s EV-to-FCF Range Over the Past 10 Years
Min: 8.65   Med: 19.77   Max: 204.74
Current: 22.66

During the past 13 years, the highest EV-to-FCF of Inner Mongolia Mengdian Huaneng Thermal Power was 204.74. The lowest was 8.65. And the median was 19.77.

SHSE:600863's EV-to-FCF is ranked worse than
60.59% of 236 companies
in the Utilities - Independent Power Producers industry
Industry Median: 15.36 vs SHSE:600863: 22.66

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 (2026-07-17), Inner Mongolia Mengdian Huaneng Thermal Power's stock price is ¥4.56. Inner Mongolia Mengdian Huaneng Thermal Power's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥0.307. Therefore, Inner Mongolia Mengdian Huaneng Thermal Power's PE Ratio (TTM) for today is 14.85.


Inner Mongolia Mengdian Huaneng Thermal Power  (SHSE:600863) 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.

Inner Mongolia Mengdian Huaneng Thermal Power's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=4.56/0.307
=14.85

Inner Mongolia Mengdian Huaneng Thermal Power's share price for today is ¥4.56.
Inner Mongolia Mengdian Huaneng Thermal Power'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 ¥0.307.

* 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.


Inner Mongolia Mengdian Huaneng Thermal Power EV-to-FCF Related Terms


Inner Mongolia Mengdian Huaneng Thermal Power EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Inner Mongolia Mengdian Huaneng Thermal Power'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.

Inner Mongolia Mengdian Huaneng Thermal Power EV-to-FCF Chart

Inner Mongolia Mengdian Huaneng Thermal Power 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 22.32 10.01 13.93 22.02 16.89

Inner Mongolia Mengdian Huaneng Thermal Power 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 18.70 20.51 23.72 16.89 23.92

SHSE:600863 vs CEG, VST, NRG: EV-to-FCF Comparison

For the Utilities - Independent Power Producers subindustry, Inner Mongolia Mengdian Huaneng Thermal Power'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.


Inner Mongolia Mengdian Huaneng Thermal Power EV-to-FCF vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Inner Mongolia Mengdian Huaneng Thermal Power's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Inner Mongolia Mengdian Huaneng Thermal Power's EV-to-FCF falls into.


SHSE:600863
76GF Score
Inner Mongolia Mengdian Huaneng Thermal Power Corp Ltd SHSE:600863
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inner Mongolia Mengdian Huaneng Thermal Power EV-to-FCF Calculation

Inner Mongolia Mengdian Huaneng Thermal Power's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=56865.622/2541.192
=22.38

Inner Mongolia Mengdian Huaneng Thermal Power's current Enterprise Value is ¥56,866 Mil.
Inner Mongolia Mengdian Huaneng Thermal Power'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 ¥2,541 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 22.38 mean?
Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863) has a EV-to-FCF of 22.38 as of Jul. 17, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Inner Mongolia Mengdian Huaneng Thermal Power and its competitors. This is 13% above median its historical median of 19.77. Over the past decade, Inner Mongolia Mengdian Huaneng Thermal Power's EV-to-FCF has ranged from 8.65 to 204.74. According to the industry distribution chart, Inner Mongolia Mengdian Huaneng Thermal Power ranks #143 out of 236 companies in the Utilities - Independent Power Producers industry, placing it in the top 60.6%.
Is Inner Mongolia Mengdian Huaneng Thermal Power's EV-to-FCF too high?
Inner Mongolia Mengdian Huaneng Thermal Power's current EV-to-FCF of 22.38 is 13% above median its 10-year median of 19.77. Over the past 10 years, this metric has ranged from a low of 8.65 to a high of 204.74. The Utilities - Independent Power Producers industry median EV-to-FCF is 15.36. Inner Mongolia Mengdian Huaneng Thermal Power's value of 22.38 is 45.7% above this industry median. Based on the distribution chart, Inner Mongolia Mengdian Huaneng Thermal Power ranks #143 out of 236 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Inner Mongolia Mengdian Huaneng Thermal Power has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Inner Mongolia Mengdian Huaneng Thermal Power's EV-to-FCF compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Inner Mongolia Mengdian Huaneng Thermal Power ranks #143 out of 236 companies for EV-to-FCF. This places Inner Mongolia Mengdian Huaneng Thermal Power in the lower half of its industry. The industry median EV-to-FCF is 15.36. Inner Mongolia Mengdian Huaneng Thermal Power's value of 22.38 is 45.7% above this benchmark. Historically, Inner Mongolia Mengdian Huaneng Thermal Power's own EV-to-FCF has ranged from 8.65 to 204.74 over the past decade. While the company's 10-year median is 19.77 vs. the industry median of 15.36, Inner Mongolia Mengdian Huaneng Thermal Power 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 15.36, based on 236 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. Inner Mongolia Mengdian Huaneng Thermal Power's current EV-to-FCF of 22.38 is 45.7% 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 Inner Mongolia Mengdian Huaneng Thermal Power and its competitors. For the Utilities - Independent Power Producers industry, the median EV-to-FCF is 15.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inner Mongolia Mengdian Huaneng Thermal Power's current EV-to-FCF is 22.38, which is 13% above median its own 10-year median of 19.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inner Mongolia Mengdian Huaneng Thermal Power stock overvalued right now?
Based on GuruFocus' analysis, Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥3.70, compared to a current price of ¥4.56 — trading 23.2% above its estimated fair value. The current EV-to-FCF is 22.38, which is 13% above median its 10-year median of 19.77 and 45.7% above the Utilities - Independent Power Producers industry median of 15.36. Inner Mongolia Mengdian Huaneng Thermal Power's overall GF Score™ is 76/100 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 Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863), the current EV-to-FCF is 22.38 as of Jul. 17, 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 Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863) Overvalued in 2026?

Based on GuruFocus' analysis, Inner Mongolia Mengdian Huaneng Thermal Power stock appears to be overvalued. The current stock price of ¥4.56 is trading 23.2% above its estimated GF Value™ of ¥3.70. GuruFocus considers Inner Mongolia Mengdian Huaneng Thermal Power to be Modestly Overvalued.

Key valuation signals for SHSE:600863:

  • EV-to-FCF: 22.38 (13% above median its 10-year median of 19.77)
  • GF Value™: ¥3.70 vs. price of ¥4.56 (23.2% above fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 45.7% above the Utilities - Independent Power Producers median (#143 of 236)

No single metric tells the full story. See the SHSE:600863 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inner Mongolia Mengdian Huaneng Thermal Power Business Description

Address No.218, Xilin South Road, Inner Mongolia Autonomous Region, Huhehaote, CHN, 010020
Inner Mongolia Mengdian Huaneng Thermal Power Corp Ltd is engaged in the generation and distribution of electric heat and power.
76GF Score

Get the complete analysis for SHSE:600863

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

¥4.56
Price
¥3.70
GF Value