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Asia Cement (China) Holdings (HKSE:00743) Intrinsic Value: Projected FCF : HK$12.89 (As of May. 16, 2024)


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What is Asia Cement (China) Holdings 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 (2024-05-16), Asia Cement (China) Holdings's Intrinsic Value: Projected FCF is HK$12.89. The stock price of Asia Cement (China) Holdings is HK$2.28. Therefore, Asia Cement (China) Holdings's Price-to-Intrinsic-Value-Projected-FCF of today is 0.2.

The historical rank and industry rank for Asia Cement (China) Holdings's Intrinsic Value: Projected FCF or its related term are showing as below:

HKSE:00743' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.12   Med: 0.28   Max: 0.73
Current: 0.18

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Asia Cement (China) Holdings was 0.73. The lowest was 0.12. And the median was 0.28.

HKSE:00743's Price-to-Projected-FCF is ranked better than
96.83% of 315 companies
in the Building Materials industry
Industry Median: 0.88 vs HKSE:00743: 0.18

Asia Cement (China) Holdings Intrinsic Value: Projected FCF Historical Data

The historical data trend for Asia Cement (China) Holdings'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.

Asia Cement (China) Holdings Intrinsic Value: Projected FCF Chart

Asia Cement (China) Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.89 16.69 16.89 13.94 12.89

Asia Cement (China) Holdings Quarterly Data
Jun16 Sep16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
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 13.94 13.69 12.65 12.89 -

Competitive Comparison of Asia Cement (China) Holdings's Intrinsic Value: Projected FCF

For the Building Materials subindustry, Asia Cement (China) Holdings'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.


Asia Cement (China) Holdings's Price-to-Projected-FCF Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Asia Cement (China) Holdings's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Asia Cement (China) Holdings's Price-to-Projected-FCF falls into.



Asia Cement (China) Holdings 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 Asia Cement (China) Holdings's Free Cash Flow(6 year avg) = HK$551.68.

Asia Cement (China) Holdings'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 (Mar24)/0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*551.67904+0/0.8)/1563.217
=3.36

* 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.


Asia Cement (China) Holdings  (HKSE:00743) 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.

Asia Cement (China) Holdings's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=2.28/3.3598524254306
=0.68

* 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.


Asia Cement (China) Holdings Intrinsic Value: Projected FCF Related Terms

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Asia Cement (China) Holdings (HKSE:00743) Business Description

Traded in Other Exchanges
Address
No. 6 Yadong Avenue, Ma-Tou Town, Jiangxi Province, Ruichang, CHN, 332207
Asia Cement (China) Holdings Corp is an investment holding company. The company operates through the Cement and Concrete business segments. Its products include cement, clinker, ready-mix concrete, and blast-furnace slag powder. It derives revenue from China. Its geographical segments include the Southeastern region, Central region, and Southwestern region.

Asia Cement (China) Holdings (HKSE:00743) Headlines

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