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Regina Miracle International (Holdings) (HKSE:02199) Intrinsic Value: Projected FCF : HK$0.90 (As of May. 26, 2024)


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What is Regina Miracle International (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 (2024-05-26), Regina Miracle International (Holdings)'s Intrinsic Value: Projected FCF is HK$0.90. The stock price of Regina Miracle International (Holdings) is HK$2.58. Therefore, Regina Miracle International (Holdings)'s Price-to-Intrinsic-Value-Projected-FCF of today is 2.9.

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

HKSE:02199' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 2.86   Med: 3.33   Max: 3.33
Current: 2.87

During the past 9 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Regina Miracle International (Holdings) was 3.33. The lowest was 2.86. And the median was 3.33.

HKSE:02199's Price-to-Projected-FCF is ranked worse than
83.38% of 776 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.93 vs HKSE:02199: 2.87

Regina Miracle International (Holdings) Intrinsic Value: Projected FCF Historical Data

The historical data trend for Regina Miracle International (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.

Regina Miracle International (Holdings) Intrinsic Value: Projected FCF Chart

Regina Miracle International (Holdings) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only - - -1.48 -1.33 0.90

Regina Miracle International (Holdings) Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - -1.33 - 0.90 -

Competitive Comparison of Regina Miracle International (Holdings)'s Intrinsic Value: Projected FCF

For the Apparel Manufacturing subindustry, Regina Miracle International (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.


Regina Miracle International (Holdings)'s Price-to-Projected-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Regina Miracle International (Holdings)'s Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Regina Miracle International (Holdings)'s Price-to-Projected-FCF falls into.



Regina Miracle International (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 Regina Miracle International (Holdings)'s Free Cash Flow(6 year avg) = HK$-116.93.

Regina Miracle International (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 (Mar23)*0.8)/Shares Outstanding (Diluted Average)
=(14.862653310476*-116.92685714286+3547.262*0.8)/1224.250
=0.90

* 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.


Regina Miracle International (Holdings)  (HKSE:02199) 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.

Regina Miracle International (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
=2.58/0.8984817313475
=2.87

* 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.


Regina Miracle International (Holdings) Intrinsic Value: Projected FCF Related Terms

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Regina Miracle International (Holdings) (HKSE:02199) Business Description

Traded in Other Exchanges
Address
63 Wo Yi Hop Road, 10th Floor, Tower A, Regent Centre, Kwai Chung, Hong Kong, HKG
Regina Miracle International (Holdings) Ltd is an investment holding company. The company's operating segment includes Intimate wear; Sports products; Consumer electronics components; Bra pads and molded products; Footwear and Fabric masks. The company generates maximum revenue from the Intimate wear segment which is engaged in the manufacturing and trading of bras, bra tops, panties, shapewear, and swimwear. Geographically, the company derives a majority of its revenue from the United States.
Executives
Regent Marvel Investment Holdings Limited 2101 Beneficial owner
Choy King Ngor 2202 Interest of your spouse
Hung Yau Lit 2201 Interest of corporation controlled by you
King Terrace Limited 2101 Beneficial owner
Hui Ching Lau 2201 Interest of corporation controlled by you
Yiheng Capital, Llc

Regina Miracle International (Holdings) (HKSE:02199) Headlines

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