ZTO Express (Cayman)ZTO +0.50%84 EV-to-FCF is 8.84 as of Jun. 27, 2026, which is 47% below its 10-year median of 16.83. GuruFocus rates ZTO with a GF Score™ of 84/100 and a GF Value™ of $28.09 (Modestly Undervalued). Among 674 Transportation companies, ZTO Express (Cayman) ranks better than 69.29% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, ZTO Express (Cayman)'s Enterprise Value is $15,533 Mil.
ZTO Express (Cayman)'s Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $1,757 Mil. Therefore, ZTO Express (Cayman)'s EV-to-FCF for today is 8.84.
The historical rank and industry rank for ZTO Express (Cayman)'s EV-to-FCF or its related term are showing as below:
ZTO'
s EV-to-FCF Range Over the Past 10 Years
Min: 6.89 Med: 16.83 Max: 40.64
Current: 8.84
During the past 12 years, the highest EV-to-FCF of ZTO Express (Cayman) was 40.64. The lowest was 6.89. And the median was 16.83.
ZTO's EV-to-FCF is ranked better than 69.29% of 674
companies
in the Transportation industry
Industry Median: 14.135
vs ZTO: 8.84
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.
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.
ZTO Express (Cayman)'s PE Ratio (TTM) for today is calculated as:
ZTO Express (Cayman)'s share price for today is $21.91.
ZTO Express (Cayman)'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 $1.624.
* 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.
ZTO Express (Cayman) EV-to-FCF Related Terms
ZTO Express (Cayman) EV-to-FCF Historical Data
* Premium members only.
The historical data trend for ZTO Express (Cayman)'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.
For the Integrated Freight & Logistics subindustry, ZTO Express (Cayman)'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.
ZTO Express (Cayman) EV-to-FCF vs Transportation Industry
For the Transportation industry and Industrials sector, ZTO Express (Cayman)'s EV-to-FCF distribution charts can be found below:
* The bar in red indicates where ZTO Express (Cayman)'s EV-to-FCF falls into.
ZTO Express (Cayman)'s current Enterprise Value is $15,533 Mil.
ZTO Express (Cayman)'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 $1,757 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.
ZTO Express (Cayman) (ZTO) has a EV-to-FCF of 8.84 as of Jun. 27, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on ZTO Express (Cayman) and its competitors. This is 47% below median its historical median of 16.83. Over the past decade, ZTO Express (Cayman)'s EV-to-FCF has ranged from 6.89 to 40.64. According to the industry distribution chart, ZTO Express (Cayman) ranks #207 out of 674 companies in the Transportation industry, placing it in the top 30.7%.
Is ZTO Express (Cayman)'s EV-to-FCF too high?
ZTO Express (Cayman)'s current EV-to-FCF of 8.84 is 47% below median its 10-year median of 16.83. Over the past 10 years, this metric has ranged from a low of 6.89 to a high of 40.64. The Transportation industry median EV-to-FCF is 14.14. ZTO Express (Cayman)'s value of 8.84 is 37.5% below this industry median. Based on the distribution chart, ZTO Express (Cayman) ranks #207 out of 674 companies in the Transportation industry, which is above the industry midpoint. Overall, ZTO Express (Cayman) has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ZTO Express (Cayman)'s EV-to-FCF compare to EXPD and CHRW?
According to the Transportation industry distribution chart, ZTO Express (Cayman) ranks #207 out of 674 companies for EV-to-FCF. This puts ZTO Express (Cayman) in the upper half of its industry. The industry median EV-to-FCF is 14.14. ZTO Express (Cayman)'s value of 8.84 is 37.5% below this benchmark. Historically, ZTO Express (Cayman)'s own EV-to-FCF has ranged from 6.89 to 40.64 over the past decade. While the company's 10-year median is 16.83 vs. the industry median of 14.14, ZTO Express (Cayman) 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 a Transportation company?
The median EV-to-FCF among Transportation companies is 14.14, based on 674 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. ZTO Express (Cayman)'s current EV-to-FCF of 8.84 is 37.5% 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 ZTO Express (Cayman) and its competitors. For the Transportation industry, the median EV-to-FCF is 14.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZTO Express (Cayman)'s current EV-to-FCF is 8.84, which is 47% below median its own 10-year median of 16.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZTO Express (Cayman) stock overvalued right now?
Based on GuruFocus' analysis, ZTO Express (Cayman) (ZTO) is currently considered Modestly Undervalued. The stock's GF Value™ is $28.09, compared to a current price of $21.91 — trading 22% below its estimated fair value. The current EV-to-FCF is 8.84, which is 47% below median its 10-year median of 16.83 and 37.5% below the Transportation industry median of 14.14. ZTO Express (Cayman)'s overall GF Score™ is 84/100. 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 ZTO Express (Cayman) (ZTO), the current EV-to-FCF is 8.84 as of Jun. 27, 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 ZTO Express (Cayman) (ZTO) Overvalued in 2026?
Based on GuruFocus' analysis, ZTO Express (Cayman) stock appears to be undervalued.
The current stock price of $21.91 is trading 22% below its estimated GF Value™ of $28.09.
GuruFocus considers ZTO Express (Cayman) to be Modestly Undervalued.
Key valuation signals for ZTO:
EV-to-FCF: 8.84 (47% below median its 10-year median of 16.83)
GF Value™: $28.09 vs. price of $21.91 (22% below fair value)
Industry Position: 37.5% below the Transportation median (#207 of 674)
No single metric tells the full story. See the ZTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ZTO Express is China's largest express delivery company by parcel volume, with a volume share of 19.4% in 2024. It operates a network partner model where it provides line-haul transportation and sorting services, while its local network partners provide first-mile pickup and last-mile delivery services under the ZTO brand name. Headquartered in Shanghai, the company was founded in 2002 by Meisong Lai, who remains chair, CEO, and its major shareholder with 78% voting rights as of March 31, 2025. ZTO's strategic shareholder is leading China e-commerce company Alibaba Group with around an 8.9% interest.
84GF Score
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