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Tai Cheung Holdings (Tai Cheung Holdings) Intrinsic Value: Projected FCF : $6.76 (As of May. 12, 2024)


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What is Tai Cheung 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 (2024-05-12), Tai Cheung Holdings's Intrinsic Value: Projected FCF is $6.76. The stock price of Tai Cheung Holdings is $3.55. Therefore, Tai Cheung Holdings's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Tai Cheung Holdings's Intrinsic Value: Projected FCF or its related term are showing as below:

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Tai Cheung Holdings was 0.79. The lowest was 0.40. And the median was 0.53.

TAICY's Price-to-Projected-FCF is not ranked *
in the Real Estate industry.
Industry Median: 0.65
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Tai Cheung Holdings Intrinsic Value: Projected FCF Historical Data

The historical data trend for Tai Cheung 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.

Tai Cheung Holdings Intrinsic Value: Projected FCF Chart

Tai Cheung Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Intrinsic Value: Projected FCF
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Tai Cheung Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of Tai Cheung Holdings's Intrinsic Value: Projected FCF

For the Real Estate - Development subindustry, Tai Cheung 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.


Tai Cheung Holdings's Price-to-Projected-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tai Cheung Holdings's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Tai Cheung Holdings's Price-to-Projected-FCF falls into.



Tai Cheung 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 Tai Cheung Holdings's Free Cash Flow(6 year avg) = $-15.42.

Tai Cheung 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)
=(9.5203515959648*-15.423571428571+829.475*0.8)/123.506
=4.18

* 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.


Tai Cheung Holdings  (OTCPK:TAICY) 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.

Tai Cheung 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
=3.55/4.1839439147452
=0.85

* 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.


Tai Cheung Holdings Intrinsic Value: Projected FCF Related Terms

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Tai Cheung Holdings (Tai Cheung Holdings) Business Description

Traded in Other Exchanges
Address
3A Chater Road, Central, 20th Floor, The Hong Kong Club Building, Hong Kong, HKG
Tai Cheung Holdings Ltd is a Hong Kong-based company engaged in property investment and development, investment holding, and property management. The company's property portfolio includes office towers as well as industrial and residential buildings. In addition, the group has a hotel operation arm through its interest in Sheraton Hong Kong Hotel & Towers, a 5-star hotel located in Tsim Sha Tsui, Kowloon. The company divides its business activities into property development and leasing, property management, hotel operation, and investment holding. Tai Cheung generates the majority of its income from property sales.

Tai Cheung Holdings (Tai Cheung Holdings) Headlines

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