Hoymiles Power Electronics (SHSE:688032) EV-to-FCF: 131.03 (As of Aug. 07, 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:688032 Hoymiles Power Electronics Inc SHSE:688032
81 GF Score
Price ¥78.73
GF Value ¥204.48
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Hoymiles Power Electronics EV-to-FCF?

Hoymiles Power Electronics SHSE:688032 +0.24% 81 EV-to-FCF is 131.03 as of Aug. 07, 2026. GuruFocus rates SHSE:688032 with a GF Score™ of 81/100 and a GF Value™ of ¥204.48 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,716 Industrial Products companies, Hoymiles Power Electronics ranks worse than 88.05% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Hoymiles Power Electronics's Enterprise Value is ¥7,099 Mil. Hoymiles Power Electronics's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ¥54 Mil. Therefore, Hoymiles Power Electronics's EV-to-FCF for today is 131.03.

The historical rank and industry rank for Hoymiles Power Electronics's EV-to-FCF or its related term are showing as below:

SHSE:688032' s EV-to-FCF Range Over the Past 10 Years
Min: -1165.7   Med: -16.43   Max: 336.83
Current: 133.55

During the past 9 years, the highest EV-to-FCF of Hoymiles Power Electronics was 336.83. The lowest was -1165.70. And the median was -16.43.

SHSE:688032's EV-to-FCF is ranked worse than
88.05% of 1716 companies
in the Industrial Products industry
Industry Median: 23.725 vs SHSE:688032: 133.55

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 (2026-08-07), Hoymiles Power Electronics's stock price is ¥78.73. Hoymiles Power Electronics's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-1.740. Therefore, Hoymiles Power Electronics's PE Ratio (TTM) for today is At Loss.


Hoymiles Power Electronics  (SHSE:688032) 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.

Hoymiles Power Electronics's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=78.73/-1.740
=At Loss

Hoymiles Power Electronics's share price for today is ¥78.73.
Hoymiles Power Electronics'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 ¥-1.740.

* 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.


Hoymiles Power Electronics EV-to-FCF Related Terms


Hoymiles Power Electronics EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Hoymiles Power Electronics'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.

Hoymiles Power Electronics EV-to-FCF Chart

Hoymiles Power Electronics Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only 211.21 -1,067.79 -67.35 -15.38 -12.63

Hoymiles Power Electronics 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 -8.43 -9.86 -14.24 -12.63 237.02

SHSE:688032 vs VRT, BE: EV-to-FCF Comparison

For the Electrical Equipment & Parts subindustry, Hoymiles Power Electronics'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.


Hoymiles Power Electronics EV-to-FCF vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hoymiles Power Electronics's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Hoymiles Power Electronics's EV-to-FCF falls into.


SHSE:688032
81GF Score
Hoymiles Power Electronics Inc SHSE:688032
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hoymiles Power Electronics EV-to-FCF Calculation

Hoymiles Power Electronics's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=7098.600/54.175
=131.03

Hoymiles Power Electronics's current Enterprise Value is ¥7,099 Mil.
Hoymiles Power Electronics'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 ¥54 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 131.03 mean?
Hoymiles Power Electronics (SHSE:688032) has a EV-to-FCF of 131.03 as of Aug. 07, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Hoymiles Power Electronics and its competitors. According to the industry distribution chart, Hoymiles Power Electronics ranks #1511 out of 1716 companies in the Industrial Products industry, placing it in the top 88.1%.
Is Hoymiles Power Electronics' EV-to-FCF too high?
Hoymiles Power Electronics' current EV-to-FCF is 131.03. The Industrial Products industry median EV-to-FCF is 23.73. Hoymiles Power Electronics' value of 131.03 is 452.3% above this industry median. Based on the distribution chart, Hoymiles Power Electronics ranks #1511 out of 1716 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Hoymiles Power Electronics has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoymiles Power Electronics' EV-to-FCF compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hoymiles Power Electronics ranks #1511 out of 1716 companies for EV-to-FCF. This places Hoymiles Power Electronics in the lower half of its industry. The industry median EV-to-FCF is 23.73. Hoymiles Power Electronics' value of 131.03 is 452.3% above this benchmark. 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 23.73, based on 1,716 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. Hoymiles Power Electronics's current EV-to-FCF of 131.03 is 452.3% 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 Hoymiles Power Electronics and its competitors. For the Industrial Products industry, the median EV-to-FCF is 23.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoymiles Power Electronics's current EV-to-FCF is 131.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoymiles Power Electronics stock overvalued right now?
Based on GuruFocus' analysis, Hoymiles Power Electronics (SHSE:688032) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥204.48, compared to a current price of ¥78.73 — trading 61.5% below its estimated fair value. The current EV-to-FCF is 131.03 and 452.3% above the Industrial Products industry median of 23.73. Hoymiles Power Electronics' overall GF Score™ is 81/100 with 5 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 Hoymiles Power Electronics (SHSE:688032), the current EV-to-FCF is 131.03 as of Aug. 07, 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 Hoymiles Power Electronics (SHSE:688032) Overvalued in 2026?

Based on GuruFocus' analysis, Hoymiles Power Electronics stock appears to be undervalued. The current stock price of ¥78.73 is trading 61.5% below its estimated GF Value™ of ¥204.48. GuruFocus considers Hoymiles Power Electronics to be Significantly Undervalued.

Key valuation signals for SHSE:688032:

  • EV-to-FCF: 131.03
  • GF Value™: ¥204.48 vs. price of ¥78.73 (61.5% below fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 452.3% above the Industrial Products median (#1511 of 1716)

No single metric tells the full story. See the SHSE:688032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hoymiles Power Electronics Business Description

Address No. 18 Kangjing Road, 3rd Floor, Building 11, Gongshu District, Zhejiang Province, Hangzhou, CHN, 310015
Hoymiles Power Electronics Inc is engaged in the research and development, manufacturing, and sales of photovoltaic inverters and other power conversion equipment and electrical complete sets of equipment and related products.
81GF Score

Get the complete analysis for SHSE:688032

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

¥78.73
Price
¥204.48
GF Value