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Tianci International (Tianci International) Intrinsic Value: DCF (Dividends Based) : $ (As of May. 18, 2024)


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What is Tianci International Intrinsic Value: DCF (Dividends Based)?

As of today (2024-05-18), Tianci International's intrinsic value calculated from the Discounted Dividend model is $.

Note: Discounted Dividend model is only suitable for companies who have a consistant distribution history. If the company's dividends does not remain steady over a long period, results may not be accurate due to the low consistency. The model is also only suitable for predictable companies (Business Predictability Rank higher than 1-Star) with dividend payments. If the company's Predictability Rank is 1-Star or Not Rated, or if the company does not pay dividend, the data will not be stored into our database.

Tianci International's Predictability Rank is Not Rated. Thus, this page is only used for demonstration purposes and the DCF related results in the screener and portfolio will appear as zero.

Margin of Safety % (DCF Dividends Based) using Discounted Dividend Model for Tianci International is

The historical rank and industry rank for Tianci International's Intrinsic Value: DCF (Dividends Based) or its related term are showing as below:

CIIT's Price-to-DCF (Dividends Based) is not ranked *
in the Hardware industry.
Industry Median: 0.98
* Ranked among companies with meaningful Price-to-DCF (Dividends Based) only.

Tianci International Intrinsic Value: DCF (Dividends Based) Historical Data

The historical data trend for Tianci International's Intrinsic Value: DCF (Dividends Based) 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.

Tianci International Intrinsic Value: DCF (Dividends Based) Chart

Tianci International Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Intrinsic Value: DCF (Dividends Based)
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Tianci International Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Intrinsic Value: DCF (Dividends Based) 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 - - - - -

Competitive Comparison of Tianci International's Intrinsic Value: DCF (Dividends Based)

For the Electronics & Computer Distribution subindustry, Tianci International's Price-to-DCF (Dividends Based), along with its competitors' market caps and Price-to-DCF (Dividends Based) 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.


Tianci International's Price-to-DCF (Dividends Based) Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tianci International's Price-to-DCF (Dividends Based) distribution charts can be found below:

* The bar in red indicates where Tianci International's Price-to-DCF (Dividends Based) falls into.



Tianci International Intrinsic Value: DCF (Dividends Based) Calculation

This is the intrinsic value calculated from the Discounted Dividend Model with default parameters. The calculation method is the same as Discounted Cash Flow model except adjusted dividend are used in the calculation instead of free cash flow. This is the default method of calculation with GuruFocus DCF calculator.

Usually a two-stage model is used in calculating the intrinsic value with discounted cash flow model. The first stage is called growth stage; the second is called the terminal stage. In the growth stage the company grows at a faster rate. Because it cannot grow at that rate forever, a lower rate is used for the terminal stage.

GuruFocus DDM calculator is a two-stage model. The default values are defined as:

1. Discount Rate: d = 11%
A reasonable discount rate assumption should be at least the long term average return of the stock market, which can be estimated from risk free rate plus risk premium of stock market. GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate and rounded up to the nearest integer. It is updated daily. The current risk-free rate is 4.42%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default. Then we added a risk premium of 6% to get the estimated discount rate. Some investors use their expected rate of return, which is also reasonable. A typical discount rate can be anywhere between 6% - 20%.

2. Dividend Growth Rate in the growth stage: g1 = %
The Growth Rate in the growth stage is initially set as the default 10-Year Dividend Growth Rate. In cases where the 10-year growth rate is unavailable, it defaults to using the 5-Year Dividend Growth Rate. If both the 10-year and 5-year growth rates are unavailable, the system defaults to the 3-Year Dividend Growth Rate.
However, it's important to note that there is a growth rate range. If the calculated growth rate exceeds 20%, it will be capped at 20%. Conversely, if the calculated growth rate falls below 5%, it will be adjusted to 5% to maintain a reasonable range.
=>

3. Years of Growth Stage: y1 = 10

4. Terminal Growth Rate: g2 = 4%

5. Dividends per Share: adjusted dividends per share = $.
GuruFocus uses adjusted dividends per share by default to ensure that the valuation reflects the total value of the company, as the actual dividend is only a portion of the total value.

All of the default settings can be changed in the DCF calculator and the results are calculated automatically.

Tianci International's Intrinsic Value: DCF (Dividends Based) for today is calculated as:

Intrinsic Value: DCF (Dividends Based)=Dividends per Share*{[(1+g1)/(1+d)+(1+g1)^2/(1+d)^2+...+(1+g1)^10/(1+d)^10]
+(1+g1)^10/(1+d)^10*[(1+g2)/(1+d)+(1+g2)^2/(1+d)^2+...+(1+g2)^10/(1+d)^10]}

set x = (1+g1)/(1+d) = (1+)/(1+0.11) =
and y = (1+g2)/(1+d) = (1+)/(1+0.11) =

Intrinsic Value: DCF (Dividends Based)=Dividends per Share*{[x+x^2+...+x^10]+x^10*[y+y^2+...+y^10]}
=Dividends per Share*[x*(1-x^10)/(1-x)+x^10*y*(1-y^10)/(1-y)]
=*
=

Margin of Safety % (DCF Dividends Based) = (Intrinsic Value: DCF (Dividends Based)-Current Price) /Intrinsic Value: DCF (Dividends Based)
= ( - 1.3175) /

* 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.


Tianci International  (OTCPK:CIIT) Intrinsic Value: DCF (Dividends Based) Explanation

Unlike valuation methods such as Net Current Asset Value, Tangible Book per Share, Graham Number, Median PS Value etc, discounted Dividends model evaluates the companies based on their power of future dividend distribution instead of their assets.


Be Aware

What you need to know about Discounted Dividends model:

1. The Discounted Dividends model evaluates a company based on its future dividends distribution power
2. Dividend growth is taken into account; therefore a company with a higher dividend growth rate is worth more if everything else is the same.
3. Since we are projecting future growth, it is assumed that the company will grow at the same rate as it did during the past 10 years. Therefore this model works better for the companies with consistently steady dividends distributed.
4. The Discounted Dividends model works poorly for inconsistent dividends distributor like high growth companies.
5. Your expected return from the investment is a reasonable discount rate assumption.
6. A larger margin of safety should be required for companies with less dividends distributed.

You can screen for stocks that trade below their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) and Intrinsic Value: DCF (Dividends Based) with the GuruFocus All-in-One Screener. Companies with a high Predictability Rank that trade at a discount to their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) can be found in the screen of Undervalued Predictable Companies.


Tianci International Intrinsic Value: DCF (Dividends Based) Related Terms

Thank you for viewing the detailed overview of Tianci International's Intrinsic Value: DCF (Dividends Based) provided by GuruFocus.com. Please click on the following links to see related term pages.


Tianci International (Tianci International) Business Description

Industry
Traded in Other Exchanges
N/A
Address
401 Ryland Street, Suite 200-A, Reno, NV, USA, 89502
Tianci International Inc along with its subsidiaries is engaged in sale of components of electronic devices, development of software and websites, technical consulting, and providing maintenance support on customized software. The company's business is predominantly carried out in Hong Kong with a substantial portion of its overall revenue being generated from its Electronic Device Hardware Components Sales segment.
Executives
Su Mei Chuah director, 10 percent owner, officer: CEO and President NO. 45-2, JALAN USJ 21/10, SUBANG JALA, SELANGOR DARUL EHSAN N8 47640
Weiyu Zhu director ROOM 1101, BLOCK 9A, TAOJINSHAN GARDEN, NO. 268 CUIYIN ROAD, LUOHU, SHENZHEN F4 518000
Yee Man Yung director C/O TIANCI INTERNATIONAL, INC., NO. 45-2, JALAN USJ 21/10, SUBANG JAYA, SELANGOR DARUL EHSAN N8 47640
Fan Liu director C/O TIANCI INTERNATIONAL, INC., NO. 45-2, JALAN USJ 21/10, SUBANG JAYA, SELANGOR DARUL EHSAN N8 47640
Shufang Gao director C/O TIANCI INTERNATIONAL. INC., NO. 45-2, JALAN USJ 21/10, SUBANG JAYA, SELANGOR DARUL EHSAN N8 47640
Wei Fang director C/O TIANCI INTERNATIONAL, INC., NO. 45-2, JALAN USJ 21/10, SUBANG JAYA, SELANGOR DARUL EHSAN N8 47640
Zhigang Pei director, 10 percent owner, officer: CEO and CFO C/O TIANCI INTERNATIONAL, INC., NO. A1111, HUAFENG FINANCIAL PORT, 1003,, SHENZHEN, GUANGDONG PROVINCE F4 47640
Jerry Ooi director NO. 45-2, JALAN USJ 21/10, SUBANG JALA, SELANGOR DARUL EHSAN N8 47640
Su Chen Chuah director, 10 percent owner, officer: Chief Financial Officer NO. 45-2, JALAN USJ 21/10, SUBANG JALA, SELANGOR DARUL EHSAN N8 47640
Yuen Kai Yeow director, officer: Chief Technology Officer NO. 45-2, JALAN USJ 21/10, SUBANG JALA, SELANGOR DARUL EHSAN N8 47640
Cuilian Cai director, officer: Director CEO & CFO #503, BUILDING 10, TAIHU NEW CITY, SUZHOU F4 214071
Shifang Wan 10 percent owner UNIT 5, NO.2 WEST STREET SHIPU TOWN, LIU'AN, ANHUI F4 237000
Jan Paul Vorstermans 10 percent owner LONDENSTRAAT 60 BUS 161, ANTWERP C9 B-2000
Brendon Peter Grunewald 10 percent owner AVE DES CATTLEYAS 47, BRUSSELS C9 B-1150
Ventus Investment Holding Ltd 10 percent owner 43A/1, ST. PAUL'S BUILDING, WEST STREET, VALLETTA?VLT1532 O1 00000

Tianci International (Tianci International) Headlines

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