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Tsim Sha Tsui Properties (HKSE:00247) Intrinsic Value: Projected FCF : HK$52.61 (As of May. 11, 2024)


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What is Tsim Sha Tsui Properties Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-05-11), Tsim Sha Tsui Properties's Intrinsic Value: Projected FCF is HK$52.61. The stock price of Tsim Sha Tsui Properties is HK$18.38. Therefore, Tsim Sha Tsui Properties's Price-to-Intrinsic-Value-Projected-FCF of today is 0.4.

The historical rank and industry rank for Tsim Sha Tsui Properties's Intrinsic Value: Projected FCF or its related term are showing as below:

HKSE:00247' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.35   Med: 0.42   Max: 0.51
Current: 0.35

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Tsim Sha Tsui Properties was 0.51. The lowest was 0.35. And the median was 0.42.

HKSE:00247's Price-to-Projected-FCF is ranked better than
72.19% of 1273 companies
in the Real Estate industry
Industry Median: 0.65 vs HKSE:00247: 0.35

Tsim Sha Tsui Properties Intrinsic Value: Projected FCF Historical Data

The historical data trend for Tsim Sha Tsui Properties's Intrinsic Value: Projected 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.

Tsim Sha Tsui Properties Intrinsic Value: Projected FCF Chart

Tsim Sha Tsui Properties Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.57 59.04 60.72 59.28 52.61

Tsim Sha Tsui Properties Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Intrinsic Value: Projected 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 - 59.28 - 52.61 -

Competitive Comparison of Tsim Sha Tsui Properties's Intrinsic Value: Projected FCF

For the Real Estate - Development subindustry, Tsim Sha Tsui Properties's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.


Tsim Sha Tsui Properties's Price-to-Projected-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tsim Sha Tsui Properties's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Tsim Sha Tsui Properties's Price-to-Projected-FCF falls into.



Tsim Sha Tsui Properties Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Tsim Sha Tsui Properties's Free Cash Flow(6 year avg) = HK$3,523.04.

Tsim Sha Tsui Properties's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*3523.0362857143+91590.199*0.8)/2030.408
=52.61

* 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.


Tsim Sha Tsui Properties  (HKSE:00247) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Tsim Sha Tsui Properties's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=18.38/52.606522100653
=0.35

* 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.


Tsim Sha Tsui Properties Intrinsic Value: Projected FCF Related Terms

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Tsim Sha Tsui Properties (HKSE:00247) Business Description

Traded in Other Exchanges
N/A
Address
Salisbury Road, 12th Floor, Tsim Sha Tsui Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Tsim Sha Tsui Properties Ltd is in the business of developing properties for sale and investment. The firm's portfolio consists of residential properties, offices, industrial buildings, and Shopping malls. It also provides property services such as property management, car park management, cleaning, environmental services, security services, etc. The company has Property sales, property rental, Property management, and Other services, Hotel operations, Investments in securities, and Financing operating segments. It generates maximum revenue from the Property sales segment.

Tsim Sha Tsui Properties (HKSE:00247) Headlines

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