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abrdn China Investment Co (LSE:ACIC) Intrinsic Value: Projected FCF : £8.59 (As of Jun. 13, 2024)


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What is abrdn China Investment Co 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 (2024-06-13), abrdn China Investment Co's Intrinsic Value: Projected FCF is £8.59. The stock price of abrdn China Investment Co is £4.11. Therefore, abrdn China Investment Co's Price-to-Intrinsic-Value-Projected-FCF of today is 0.5.

The historical rank and industry rank for abrdn China Investment Co's Intrinsic Value: Projected FCF or its related term are showing as below:

LSE:ACIC' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.46   Med: 0.62   Max: 0.82
Current: 0.48

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of abrdn China Investment Co was 0.82. The lowest was 0.46. And the median was 0.62.

LSE:ACIC's Price-to-Projected-FCF is not ranked
in the Asset Management industry.
Industry Median: 0.93 vs LSE:ACIC: 0.48

abrdn China Investment Co Intrinsic Value: Projected FCF Historical Data

The historical data trend for abrdn China Investment Co'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.

abrdn China Investment Co Intrinsic Value: Projected FCF Chart

abrdn China Investment Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.83 9.14 14.88 8.41 8.59

abrdn China Investment Co Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 14.88 - 8.41 - 8.59

Competitive Comparison of abrdn China Investment Co's Intrinsic Value: Projected FCF

For the Asset Management subindustry, abrdn China Investment Co'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.


abrdn China Investment Co's Price-to-Projected-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, abrdn China Investment Co's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where abrdn China Investment Co's Price-to-Projected-FCF falls into.



abrdn China Investment Co 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 abrdn China Investment Co's Free Cash Flow(6 year avg) = £21.42.

abrdn China Investment Co'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 (Oct23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*21.424142857143+213.247*0.8)/43.585
=8.59

* 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.


abrdn China Investment Co  (LSE:ACIC) 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.

abrdn China Investment Co's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=4.11/8.5938504678715
=0.48

* 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.


abrdn China Investment Co Intrinsic Value: Projected FCF Related Terms

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abrdn China Investment Co (LSE:ACIC) Business Description

Traded in Other Exchanges
Address
Saint Julian's Avenue Guernsey, BNP Paribas House, Saint Peter Port, GGY, GY1 1WA
abrdn China Investment Co Ltd is a Guernsey registered closed-ended investment company. Its investment objective is to achieve consistent returns for shareholders in excess of the MSCI Emerging Markets Net Total Return Index in Sterling terms. The company focuses on investing in a portfolio of funds and products which give a diversified exposure to developing and emerging market economies. Its portfolio consists of investments in either quoted investment companies or open-ended funds with observable independent values. It may enter into hedging mechanisms to protect the performance of the company's investment portfolio in a cost-effective manner. The company earns the majority of its revenue from dividend income.

abrdn China Investment Co (LSE:ACIC) Headlines

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