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HK Electric Investments and HK Electric Investments (HKSE:02638) EV-to-EBITDA : 11.55 (As of May. 17, 2024)


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What is HK Electric Investments and HK Electric Investments EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, HK Electric Investments and HK Electric Investments's enterprise value is HK$93,309 Mil. HK Electric Investments and HK Electric Investments's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$8,077 Mil. Therefore, HK Electric Investments and HK Electric Investments's EV-to-EBITDA for today is 11.55.

The historical rank and industry rank for HK Electric Investments and HK Electric Investments's EV-to-EBITDA or its related term are showing as below:

HKSE:02638' s EV-to-EBITDA Range Over the Past 10 Years
Min: 10.96   Med: 13.39   Max: 20.22
Current: 11.52

During the past 11 years, the highest EV-to-EBITDA of HK Electric Investments and HK Electric Investments was 20.22. The lowest was 10.96. And the median was 13.39.

HKSE:02638's EV-to-EBITDA is ranked worse than
62% of 479 companies
in the Utilities - Regulated industry
Industry Median: 9.7 vs HKSE:02638: 11.52

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. 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), HK Electric Investments and HK Electric Investments's stock price is HK$4.85. HK Electric Investments and HK Electric Investments's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.357. Therefore, HK Electric Investments and HK Electric Investments's PE Ratio for today is 13.59.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


HK Electric Investments and HK Electric Investments EV-to-EBITDA Historical Data

The historical data trend for HK Electric Investments and HK Electric Investments's EV-to-EBITDA 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.

HK Electric Investments and HK Electric Investments EV-to-EBITDA Chart

HK Electric Investments and HK Electric Investments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.36 15.71 14.33 12.66 11.37

HK Electric Investments and HK Electric Investments Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBITDA 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 14.33 - 12.66 - 11.37

Competitive Comparison of HK Electric Investments and HK Electric Investments's EV-to-EBITDA

For the Utilities - Regulated Electric subindustry, HK Electric Investments and HK Electric Investments's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


HK Electric Investments and HK Electric Investments's EV-to-EBITDA Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, HK Electric Investments and HK Electric Investments's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where HK Electric Investments and HK Electric Investments's EV-to-EBITDA falls into.



HK Electric Investments and HK Electric Investments EV-to-EBITDA Calculation

HK Electric Investments and HK Electric Investments's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=93308.656/8077
=11.55

HK Electric Investments and HK Electric Investments's current Enterprise Value is HK$93,309 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. HK Electric Investments and HK Electric Investments's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$8,077 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.


HK Electric Investments and HK Electric Investments  (HKSE:02638) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. 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.

HK Electric Investments and HK Electric Investments's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=4.85/0.357
=13.59

HK Electric Investments and HK Electric Investments's share price for today is HK$4.85.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. HK Electric Investments and HK Electric Investments's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.357.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


HK Electric Investments and HK Electric Investments EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of HK Electric Investments and HK Electric Investments's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


HK Electric Investments and HK Electric Investments (HKSE:02638) Business Description

Traded in Other Exchanges
Address
44 Kennedy Road, Hong Kong Electric Centre, Hong Kong, HKG
HK ELECTRIC INVESTMENTS LIMITED is a fixed single investment trust in Hong Kong with a focus on the power industry. The Company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. Its principal operating subsidiary is The Hongkong Electric Company, Limited (HEC). HEC's sole power generation facility is the Lamma Power Station which has an aggregate installed capacity of approximately 3,700 megawatt (MW). The Company provides electricity to approximately 568,000 registered customers on Hong Kong Island and Lamma Island.

HK Electric Investments and HK Electric Investments (HKSE:02638) Headlines

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