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Jiangxi Hengda Hi-tech Co (SZSE:002591) Intrinsic Value: Projected FCF : ¥1.97 (As of Jun. 07, 2024)


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What is Jiangxi Hengda Hi-tech 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 (2024-06-07), Jiangxi Hengda Hi-tech Co's Intrinsic Value: Projected FCF is ¥1.97. The stock price of Jiangxi Hengda Hi-tech Co is ¥3.83. Therefore, Jiangxi Hengda Hi-tech Co's Price-to-Intrinsic-Value-Projected-FCF of today is 1.9.

The historical rank and industry rank for Jiangxi Hengda Hi-tech Co's Intrinsic Value: Projected FCF or its related term are showing as below:

SZSE:002591' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.79   Med: 3.63   Max: 46.79
Current: 1.94

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Jiangxi Hengda Hi-tech Co was 46.79. The lowest was 1.79. And the median was 3.63.

SZSE:002591's Price-to-Projected-FCF is ranked worse than
66.02% of 1080 companies
in the Chemicals industry
Industry Median: 1.21 vs SZSE:002591: 1.94

Jiangxi Hengda Hi-tech Co Intrinsic Value: Projected FCF Historical Data

The historical data trend for Jiangxi Hengda Hi-tech 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.

Jiangxi Hengda Hi-tech Co Intrinsic Value: Projected FCF Chart

Jiangxi Hengda Hi-tech Co 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 3.21 2.25 2.35 1.58 1.81

Jiangxi Hengda Hi-tech Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 1.73 1.77 1.87 1.81 1.97

Competitive Comparison of Jiangxi Hengda Hi-tech Co's Intrinsic Value: Projected FCF

For the Specialty Chemicals subindustry, Jiangxi Hengda Hi-tech 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.


Jiangxi Hengda Hi-tech Co's Price-to-Projected-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangxi Hengda Hi-tech Co's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Jiangxi Hengda Hi-tech Co's Price-to-Projected-FCF falls into.



Jiangxi Hengda Hi-tech 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 Jiangxi Hengda Hi-tech Co's Free Cash Flow(6 year avg) = ¥5.90.

Jiangxi Hengda Hi-tech 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 (Mar24)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*5.89872+667.317*0.8)/300.010
=1.97

* 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.


Jiangxi Hengda Hi-tech Co  (SZSE:002591) 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.

Jiangxi Hengda Hi-tech 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
=3.83/1.9666394065736
=1.95

* 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.


Jiangxi Hengda Hi-tech Co Intrinsic Value: Projected FCF Related Terms

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Jiangxi Hengda Hi-tech Co (SZSE:002591) Business Description

Traded in Other Exchanges
N/A
Address
No 88 Jinlu North Road, High-tech Development Zone, Jiangxi, Nanchang, CHN, 330096
Jiangxi Hengda Hi-tech Co Ltd is engaged in the anti-wear and anti-corrosion business and internet marketing business. The products developed by the company are HDS anti-wear anti-corrosion coating wire protection, KM high temperature anti-corrosion coating protection, and MT wear resistant resist ceramic sheet protection.
Executives
Shao Ying Ping Executives
Chen Sui Zhong Director
Zhou Xiao Gen Directors, executives
Wan Jian Ying Executives
Nie Zheng Executives
Cai Yun Securities Affairs Representative
Hu En Xue Directors, executives
Tang Ming Rong Directors, executives
Peng Wei Hong Directors, executives
Deng Guo Chang Supervisors
Li Jian Min Executives
Zhu Xing He Director

Jiangxi Hengda Hi-tech Co (SZSE:002591) Headlines

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