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Hitek Global (Hitek Global) EV-to-FCF : -5.64 (As of May. 11, 2024)


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What is Hitek Global EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Hitek Global's Enterprise Value is $3.32 Mil. Hitek Global's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.59 Mil. Therefore, Hitek Global's EV-to-FCF for today is -5.64.

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

HKIT' s EV-to-FCF Range Over the Past 10 Years
Min: -53.61   Med: 6.21   Max: 92.64
Current: -5.64

During the past 7 years, the highest EV-to-FCF of Hitek Global was 92.64. The lowest was -53.61. And the median was 6.21.

HKIT's EV-to-FCF is ranked worse than
100% of 1502 companies
in the Software industry
Industry Median: 21.255 vs HKIT: -5.64

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 (2024-05-11), Hitek Global's stock price is $1.31. Hitek Global's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.080. Therefore, Hitek Global's PE Ratio for today is 16.38.


Hitek Global EV-to-FCF Historical Data

The historical data trend for Hitek Global'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.

Hitek Global EV-to-FCF Chart

Hitek Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-FCF
Get a 7-Day Free Trial - - - - 0.73

Hitek Global Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 0.73

Competitive Comparison of Hitek Global's EV-to-FCF

For the Software - Application subindustry, Hitek Global'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.


Hitek Global's EV-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Hitek Global's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Hitek Global's EV-to-FCF falls into.



Hitek Global EV-to-FCF Calculation

Hitek Global's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3.315/-0.588
=-5.64

Hitek Global's current Enterprise Value is $3.32 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hitek Global's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.59 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.


Hitek Global  (NAS:HKIT) 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.

Hitek Global's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.31/0.080
=16.38

Hitek Global's share price for today is $1.31.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hitek Global's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.080.

* 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.


Hitek Global EV-to-FCF Related Terms

Thank you for viewing the detailed overview of Hitek Global's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Hitek Global (Hitek Global) Business Description

Traded in Other Exchanges
Address
No. 30 Guanri Road, Siming District, Unit 304, Fujian Province, Phase II, Software Park, Xiamen, CHN
Hitek Global Inc is a provider of information technology consulting and solutions services. The company has two lines of businesses such as services to small and medium businesses, which consist of Anti-Counterfeiting Tax Control System tax devices, including Golden Tax Disk and printers, ACTCS services, and IT services; and services to large businesses, which include hardware sales and software sales. It generates revenues from hardware sales, software sales, IT services, and tax devices and services.