CNOOC Energy Technology & Services (SHSE:600968) EV-to-FCF: 21.94 (As of Jul. 09, 2026) — 83% Above Median


SHSE:600968 CNOOC Energy Technology & Services Ltd SHSE:600968
89 GF Score
Price ¥3.48
GF Value ¥3.91
Valuation Modestly Undervalued
! 2 Warning Signs
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What is CNOOC Energy Technology & Services EV-to-FCF?

CNOOC Energy Technology & Services SHSE:600968 -0.57% 89 EV-to-FCF is 21.94 as of Jul. 09, 2026, which is 83% above its 10-year median of 12.02. GuruFocus rates SHSE:600968 with a GF Score™ of 89/100 and a GF Value™ of ¥3.91 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 576 Oil & Gas companies, CNOOC Energy Technology & Services ranks worse than 63.89% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, CNOOC Energy Technology & Services's Enterprise Value is ¥32,383 Mil. CNOOC Energy Technology & Services's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1,476 Mil. Therefore, CNOOC Energy Technology & Services's EV-to-FCF for today is 21.94.

The historical rank and industry rank for CNOOC Energy Technology & Services's EV-to-FCF or its related term are showing as below:

SHSE:600968' s EV-to-FCF Range Over the Past 10 Years
Min: -5125.37   Med: 12.02   Max: 291.44
Current: 20.98

During the past 13 years, the highest EV-to-FCF of CNOOC Energy Technology & Services was 291.44. The lowest was -5125.37. And the median was 12.02.

SHSE:600968's EV-to-FCF is ranked worse than
63.89% of 576 companies
in the Oil & Gas industry
Industry Median: 15.47 vs SHSE:600968: 20.98

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 (2026-07-09), CNOOC Energy Technology & Services's stock price is ¥3.48. CNOOC Energy Technology & Services's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥0.388. Therefore, CNOOC Energy Technology & Services's PE Ratio (TTM) for today is 8.97.


CNOOC Energy Technology & Services  (SHSE:600968) 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.

CNOOC Energy Technology & Services's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=3.48/0.388
=8.97

CNOOC Energy Technology & Services's share price for today is ¥3.48.
CNOOC Energy Technology & Services'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 ¥0.388.

* 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.


CNOOC Energy Technology & Services EV-to-FCF Related Terms


CNOOC Energy Technology & Services EV-to-FCF Historical Data

* Premium members only.

The historical data trend for CNOOC Energy Technology & Services'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.

CNOOC Energy Technology & Services EV-to-FCF Chart

CNOOC Energy Technology & Services 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 22.41 22.08 4.01 10.72 11.19

CNOOC Energy Technology & Services 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 8.40 27.80 17.40 11.19 28.76

SHSE:600968 vs SLB, BKR, HAL: EV-to-FCF Comparison

For the Oil & Gas Equipment & Services subindustry, CNOOC Energy Technology & Services'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.


CNOOC Energy Technology & Services EV-to-FCF vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CNOOC Energy Technology & Services's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where CNOOC Energy Technology & Services's EV-to-FCF falls into.


SHSE:600968
89GF Score
CNOOC Energy Technology & Services Ltd SHSE:600968
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CNOOC Energy Technology & Services EV-to-FCF Calculation

CNOOC Energy Technology & Services's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=32382.609/1475.79
=21.94

CNOOC Energy Technology & Services's current Enterprise Value is ¥32,383 Mil.
CNOOC Energy Technology & Services'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 ¥1,476 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 21.94 mean?
CNOOC Energy Technology & Services (SHSE:600968) has a EV-to-FCF of 21.94 as of Jul. 09, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on CNOOC Energy Technology & Services and its competitors. This is 83% above median its historical median of 12.02. According to the industry distribution chart, CNOOC Energy Technology & Services ranks #368 out of 576 companies in the Oil & Gas industry, placing it in the top 63.9%.
Is CNOOC Energy Technology & Services' EV-to-FCF too high?
CNOOC Energy Technology & Services' current EV-to-FCF of 21.94 is 83% above median its 10-year median of 12.02. The Oil & Gas industry median EV-to-FCF is 15.47. CNOOC Energy Technology & Services' value of 21.94 is 41.8% above this industry median. Based on the distribution chart, CNOOC Energy Technology & Services ranks #368 out of 576 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, CNOOC Energy Technology & Services has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CNOOC Energy Technology & Services' EV-to-FCF compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, CNOOC Energy Technology & Services ranks #368 out of 576 companies for EV-to-FCF. This places CNOOC Energy Technology & Services in the lower half of its industry. The industry median EV-to-FCF is 15.47. CNOOC Energy Technology & Services' value of 21.94 is 41.8% above this benchmark. While the company's 10-year median is 12.02 vs. the industry median of 15.47, CNOOC Energy Technology & Services 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 Oil & Gas company?
The median EV-to-FCF among Oil & Gas companies is 15.47, based on 576 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. CNOOC Energy Technology & Services's current EV-to-FCF of 21.94 is 41.8% 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 CNOOC Energy Technology & Services and its competitors. For the Oil & Gas industry, the median EV-to-FCF is 15.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CNOOC Energy Technology & Services's current EV-to-FCF is 21.94, which is 83% above median its own 10-year median of 12.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CNOOC Energy Technology & Services stock overvalued right now?
Based on GuruFocus' analysis, CNOOC Energy Technology & Services (SHSE:600968) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.91, compared to a current price of ¥3.48 — trading 11% below its estimated fair value. The current EV-to-FCF is 21.94, which is 83% above median its 10-year median of 12.02 and 41.8% above the Oil & Gas industry median of 15.47. CNOOC Energy Technology & Services' overall GF Score™ is 89/100 with 2 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 CNOOC Energy Technology & Services (SHSE:600968), the current EV-to-FCF is 21.94 as of Jul. 09, 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 CNOOC Energy Technology & Services (SHSE:600968) Overvalued in 2026?

Based on GuruFocus' analysis, CNOOC Energy Technology & Services stock appears to be undervalued. The current stock price of ¥3.48 is trading 11% below its estimated GF Value™ of ¥3.91. GuruFocus considers CNOOC Energy Technology & Services to be Modestly Undervalued.

Key valuation signals for SHSE:600968:

  • EV-to-FCF: 21.94 (83% above median its 10-year median of 12.02)
  • GF Value™: ¥3.91 vs. price of ¥3.48 (11% below fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 41.8% above the Oil & Gas median (#368 of 576)

No single metric tells the full story. See the SHSE:600968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CNOOC Energy Technology & Services Business Description

Industry EnergyOil & Gas
Address No. 6 Dongzhimenwai Street, CNOOC Building, Dongcheng District, Beijing, CHN, 100027
CNOOC Energy Technology & Services Ltd is a diversified industrial group that covers majority of the upstream and downstream sectors of the oil and gas industry chain, forming four core business segments: Energy technology services; Floating Production Storage and Offloading (FPSO) Production Technical Service segment; Energy logistics services; and the Safety, environmental protection and Energy conservation.
89GF Score

Get the complete analysis for SHSE:600968

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

¥3.48
Price
¥3.91
GF Value