Ningbo Water Meter (Group) Co (SHSE:603700) EV-to-FCF: -61.53 (As of Aug. 01, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SHSE:603700 Ningbo Water Meter (Group) Co Ltd SHSE:603700
71 GF Score
Price ¥11.06
GF Value ¥14.24
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Ningbo Water Meter (Group) Co EV-to-FCF?

Ningbo Water Meter (Group) Co SHSE:603700 -1.34% 71 EV-to-FCF is -61.53 as of Aug. 01, 2026. GuruFocus rates SHSE:603700 with a GF Score™ of 71/100 and a GF Value™ of ¥14.24 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,725 Industrial Products companies, Ningbo Water Meter (Group) Co ranks worse than 57970.96% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Ningbo Water Meter (Group) Co's Enterprise Value is ¥2,065 Mil. Ningbo Water Meter (Group) Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-34 Mil. Therefore, Ningbo Water Meter (Group) Co's EV-to-FCF for today is -61.53.

The historical rank and industry rank for Ningbo Water Meter (Group) Co's EV-to-FCF or its related term are showing as below:

SHSE:603700' s EV-to-FCF Range Over the Past 10 Years
Min: -122.13   Med: 45.98   Max: 1696.71
Current: -61.11

During the past 13 years, the highest EV-to-FCF of Ningbo Water Meter (Group) Co was 1696.71. The lowest was -122.13. And the median was 45.98.

SHSE:603700's EV-to-FCF is ranked worse than
100% of 1725 companies
in the Industrial Products industry
Industry Median: 23.71 vs SHSE:603700: -61.11

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 (2026-08-01), Ningbo Water Meter (Group) Co's stock price is ¥11.06. Ningbo Water Meter (Group) Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥0.380. Therefore, Ningbo Water Meter (Group) Co's PE Ratio (TTM) for today is 29.11.


Ningbo Water Meter (Group) Co  (SHSE:603700) 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.

Ningbo Water Meter (Group) Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=11.06/0.380
=29.11

Ningbo Water Meter (Group) Co's share price for today is ¥11.06.
Ningbo Water Meter (Group) 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 ¥0.380.

* 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.


Ningbo Water Meter (Group) Co EV-to-FCF Related Terms


Ningbo Water Meter (Group) Co EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Ningbo Water Meter (Group) 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.

Ningbo Water Meter (Group) Co EV-to-FCF Chart

Ningbo Water Meter (Group) 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 153.58 -15.18 20.30 101.60 24.32

Ningbo Water Meter (Group) 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 30.00 57.43 31.97 24.32 -74.52

SHSE:603700 vs VRT, BE: EV-to-FCF Comparison

For the Electrical Equipment & Parts subindustry, Ningbo Water Meter (Group) 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.


Ningbo Water Meter (Group) Co EV-to-FCF vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo Water Meter (Group) Co's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Ningbo Water Meter (Group) Co's EV-to-FCF falls into.


SHSE:603700
71GF Score
Ningbo Water Meter (Group) Co Ltd SHSE:603700
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Water Meter (Group) Co EV-to-FCF Calculation

Ningbo Water Meter (Group) Co's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2064.944/-33.559
=-61.53

Ningbo Water Meter (Group) Co's current Enterprise Value is ¥2,065 Mil.
Ningbo Water Meter (Group) 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 ¥-34 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 -61.53 mean?
Ningbo Water Meter (Group) Co (SHSE:603700) has a EV-to-FCF of -61.53 as of Aug. 01, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ningbo Water Meter (Group) Co and its competitors. According to the industry distribution chart, Ningbo Water Meter (Group) Co ranks #999999 out of 1725 companies in the Industrial Products industry.
Is Ningbo Water Meter (Group) Co's EV-to-FCF too high?
Ningbo Water Meter (Group) Co's current EV-to-FCF is -61.53. Based on the distribution chart, Ningbo Water Meter (Group) Co ranks #999999 out of 1725 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Ningbo Water Meter (Group) Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Water Meter (Group) Co's EV-to-FCF compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ningbo Water Meter (Group) Co ranks #999999 out of 1725 companies for EV-to-FCF. This places Ningbo Water Meter (Group) Co in the lower half of its industry. The industry median EV-to-FCF is 23.71. 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 Industrial Products company?
The median EV-to-FCF among Industrial Products companies is 23.71, based on 1,725 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 Ningbo Water Meter (Group) Co and its competitors. For the Industrial Products industry, the median EV-to-FCF is 23.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Water Meter (Group) Co's current EV-to-FCF is -61.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Water Meter (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Water Meter (Group) Co (SHSE:603700) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.24, compared to a current price of ¥11.06 — trading 22.3% below its estimated fair value. The current EV-to-FCF is -61.53. Ningbo Water Meter (Group) Co's overall GF Score™ is 71/100 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 Ningbo Water Meter (Group) Co (SHSE:603700), the current EV-to-FCF is -61.53 as of Aug. 01, 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 Ningbo Water Meter (Group) Co (SHSE:603700) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Water Meter (Group) Co stock appears to be undervalued. The current stock price of ¥11.06 is trading 22.3% below its estimated GF Value™ of ¥14.24. GuruFocus considers Ningbo Water Meter (Group) Co to be Modestly Undervalued.

Key valuation signals for SHSE:603700:

  • EV-to-FCF: -61.53
  • GF Value™: ¥14.24 vs. price of ¥11.06 (22.3% below fair value)
  • GF Score™: 71/100 with 3 warning signs

No single metric tells the full story. See the SHSE:603700 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Water Meter (Group) Co Business Description

Address No. 355, Hongxing Road, Jiangbei District, Zhejiang Province, Ningbo, CHN, 315033
Ningbo Water Meter (Group) Co Ltd is engaged in manufacturing water meters. The product portfolio includes liquid sealed water meters, volumetric rotary piston water meter, manual batch control water meter, multi-jet dry type water meter and others.
71GF Score

Get the complete analysis for SHSE:603700

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

¥11.06
Price
¥14.24
GF Value