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Zhejiang Meili High Technology Co (SZSE:300611) EV-to-FCF : 21.45 (As of May. 17, 2024)


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What is Zhejiang Meili High Technology Co EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Zhejiang Meili High Technology Co's Enterprise Value is ¥2,229 Mil. Zhejiang Meili High Technology Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2024 was ¥104 Mil. Therefore, Zhejiang Meili High Technology Co's EV-to-FCF for today is 21.45.

The historical rank and industry rank for Zhejiang Meili High Technology Co's EV-to-FCF or its related term are showing as below:

SZSE:300611' s EV-to-FCF Range Over the Past 10 Years
Min: -575.68   Med: -22.24   Max: 530.48
Current: 21.45

During the past 12 years, the highest EV-to-FCF of Zhejiang Meili High Technology Co was 530.48. The lowest was -575.68. And the median was -22.24.

SZSE:300611's EV-to-FCF is ranked worse than
51% of 1657 companies
in the Industrial Products industry
Industry Median: 20.26 vs SZSE:300611: 21.45

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 to determine the fair market value of a company.

As of today (2024-05-17), Zhejiang Meili High Technology Co's stock price is ¥9.17. Zhejiang Meili High Technology Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥0.230. Therefore, Zhejiang Meili High Technology Co's PE Ratio for today is 39.87.


Zhejiang Meili High Technology Co EV-to-FCF Historical Data

The historical data trend for Zhejiang Meili High Technology 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.

* Premium members only.

Zhejiang Meili High Technology Co EV-to-FCF Chart

Zhejiang Meili High Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -104.21 239.52 -21.31 -25.20 88.76

Zhejiang Meili High Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -43.94 -23.70 463.83 88.76 22.19

Competitive Comparison of Zhejiang Meili High Technology Co's EV-to-FCF

For the Tools & Accessories subindustry, Zhejiang Meili High Technology 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.


Zhejiang Meili High Technology Co's EV-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Meili High Technology Co's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Zhejiang Meili High Technology Co's EV-to-FCF falls into.



Zhejiang Meili High Technology Co EV-to-FCF Calculation

Zhejiang Meili High Technology Co's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2229.273/103.905
=21.45

Zhejiang Meili High Technology Co's current Enterprise Value is ¥2,229 Mil.
Zhejiang Meili High Technology Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥104 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.


Zhejiang Meili High Technology Co  (SZSE:300611) 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 to determine the fair market value of a company.

Zhejiang Meili High Technology Co's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=9.17/0.230
=39.87

Zhejiang Meili High Technology Co's share price for today is ¥9.17.
Zhejiang Meili High Technology Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.230.

* 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.


Zhejiang Meili High Technology Co EV-to-FCF Related Terms

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Zhejiang Meili High Technology Co (SZSE:300611) Business Description

Traded in Other Exchanges
N/A
Address
No. 1365 West Xinchang Avenue, Zhejiang, Xinchang, CHN, 312500
Zhejiang Meili High Technology Co Ltd is a China based company engages in the provision of automotive products. Its products portfolio includes power system spring, suspension system spring, car body and interior spring, universal spring and other spring. Its product range focuses on automotive, covering motorcycle, engineering machinery, petroleum transport and conveying, precision instrument, sport apparatus and mechanical device.

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