China National Electric Apparatus Research Institute Co (SHSE:688128) EV-to-FCF: 7.33 (As of Jul. 30, 2026) — 68% Below Median

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:688128 China National Electric Apparatus Research Institute Co Ltd SHSE:688128
89 GF Score
Price ¥22.02
GF Value ¥25.01
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is China National Electric Apparatus Research Institute Co EV-to-FCF?

China National Electric Apparatus Research Institute Co SHSE:688128 +0.41% 89 EV-to-FCF is 7.33 as of Jul. 30, 2026, which is 68% below its 10-year median of 22.82. GuruFocus rates SHSE:688128 with a GF Score™ of 89/100 and a GF Value™ of ¥25.01 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,724 Industrial Products companies, China National Electric Apparatus Research Institute Co ranks better than 84.63% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, China National Electric Apparatus Research Institute Co's Enterprise Value is ¥7,892 Mil. China National Electric Apparatus Research Institute Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1,077 Mil. Therefore, China National Electric Apparatus Research Institute Co's EV-to-FCF for today is 7.33.

The historical rank and industry rank for China National Electric Apparatus Research Institute Co's EV-to-FCF or its related term are showing as below:

SHSE:688128' s EV-to-FCF Range Over the Past 10 Years
Min: -293.53   Med: 22.82   Max: 177.78
Current: 7.17

During the past 10 years, the highest EV-to-FCF of China National Electric Apparatus Research Institute Co was 177.78. The lowest was -293.53. And the median was 22.82.

SHSE:688128's EV-to-FCF is ranked better than
84.63% of 1724 companies
in the Industrial Products industry
Industry Median: 23.18 vs SHSE:688128: 7.17

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 (2026-07-30), China National Electric Apparatus Research Institute Co's stock price is ¥22.02. China National Electric Apparatus Research Institute Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1.340. Therefore, China National Electric Apparatus Research Institute Co's PE Ratio (TTM) for today is 16.43.


China National Electric Apparatus Research Institute Co  (SHSE:688128) 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.

China National Electric Apparatus Research Institute Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=22.02/1.340
=16.43

China National Electric Apparatus Research Institute Co's share price for today is ¥22.02.
China National Electric Apparatus Research Institute 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 ¥1.340.

* 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.


China National Electric Apparatus Research Institute Co EV-to-FCF Related Terms


China National Electric Apparatus Research Institute Co EV-to-FCF Historical Data

* Premium members only.

The historical data trend for China National Electric Apparatus Research Institute 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.

China National Electric Apparatus Research Institute Co EV-to-FCF Chart

China National Electric Apparatus Research Institute 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 -287.17 11.36 47.24 24.09 11.64

China National Electric Apparatus Research Institute 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 18.74 12.99 14.70 11.64 8.38

SHSE:688128 vs VRT, BE: EV-to-FCF Comparison

For the Electrical Equipment & Parts subindustry, China National Electric Apparatus Research Institute 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.


China National Electric Apparatus Research Institute Co EV-to-FCF vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, China National Electric Apparatus Research Institute Co's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where China National Electric Apparatus Research Institute Co's EV-to-FCF falls into.


SHSE:688128
89GF Score
China National Electric Apparatus Research Institute Co Ltd SHSE:688128
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China National Electric Apparatus Research Institute Co EV-to-FCF Calculation

China National Electric Apparatus Research Institute Co's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=7891.502/1076.867
=7.33

China National Electric Apparatus Research Institute Co's current Enterprise Value is ¥7,892 Mil.
China National Electric Apparatus Research Institute 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 ¥1,077 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 7.33 mean?
China National Electric Apparatus Research Institute Co (SHSE:688128) has a EV-to-FCF of 7.33 as of Jul. 30, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on China National Electric Apparatus Research Institute Co and its competitors. This is 68% below median its historical median of 22.82. According to the industry distribution chart, China National Electric Apparatus Research Institute Co ranks #265 out of 1724 companies in the Industrial Products industry, placing it in the top 15.4%.
Is China National Electric Apparatus Research Institute Co's EV-to-FCF too high?
China National Electric Apparatus Research Institute Co's current EV-to-FCF of 7.33 is 68% below median its 10-year median of 22.82. The Industrial Products industry median EV-to-FCF is 23.18. China National Electric Apparatus Research Institute Co's value of 7.33 is 68.4% below this industry median. Based on the distribution chart, China National Electric Apparatus Research Institute Co ranks #265 out of 1724 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, China National Electric Apparatus Research Institute Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China National Electric Apparatus Research Institute Co's EV-to-FCF compare to VRT and BE?
According to the Industrial Products industry distribution chart, China National Electric Apparatus Research Institute Co ranks #265 out of 1724 companies for EV-to-FCF. This places China National Electric Apparatus Research Institute Co in the top 15% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 23.18. China National Electric Apparatus Research Institute Co's value of 7.33 is 68.4% below this benchmark. While the company's 10-year median is 22.82 vs. the industry median of 23.18, China National Electric Apparatus Research Institute Co has consistently been below 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 Industrial Products company?
The median EV-to-FCF among Industrial Products companies is 23.18, based on 1,724 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. China National Electric Apparatus Research Institute Co's current EV-to-FCF of 7.33 is 68.4% below 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 China National Electric Apparatus Research Institute Co and its competitors. For the Industrial Products industry, the median EV-to-FCF is 23.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China National Electric Apparatus Research Institute Co's current EV-to-FCF is 7.33, which is 68% below median its own 10-year median of 22.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China National Electric Apparatus Research Institute Co stock overvalued right now?
Based on GuruFocus' analysis, China National Electric Apparatus Research Institute Co (SHSE:688128) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥25.01, compared to a current price of ¥22.02 — trading 12% below its estimated fair value. The current EV-to-FCF is 7.33, which is 68% below median its 10-year median of 22.82 and 68.4% below the Industrial Products industry median of 23.18. China National Electric Apparatus Research Institute Co's overall GF Score™ is 89/100 with 4 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 China National Electric Apparatus Research Institute Co (SHSE:688128), the current EV-to-FCF is 7.33 as of Jul. 30, 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 China National Electric Apparatus Research Institute Co (SHSE:688128) Overvalued in 2026?

Based on GuruFocus' analysis, China National Electric Apparatus Research Institute Co stock appears to be undervalued. The current stock price of ¥22.02 is trading 12% below its estimated GF Value™ of ¥25.01. GuruFocus considers China National Electric Apparatus Research Institute Co to be Modestly Undervalued.

Key valuation signals for SHSE:688128:

  • EV-to-FCF: 7.33 (68% below median its 10-year median of 22.82)
  • GF Value™: ¥25.01 vs. price of ¥22.02 (12% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 68.4% below the Industrial Products median (#265 of 1724)

No single metric tells the full story. See the SHSE:688128 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China National Electric Apparatus Research Institute Co Business Description

Address No. 204, Xingang West Road, Building 1, Haizhu District, Guangdong, Guangzhou, CHN, 510399
China National Electric Apparatus Research Institute Co Ltd is a national innovative science-and-technology enterprise. It is characterized with an integration of three core business sectors namely scientific research and development, science and technology service, as well as science and technology industry.
89GF Score

Get the complete analysis for SHSE:688128

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

¥22.02
Price
¥25.01
GF Value