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St Shine Optical Co (ROCO:1565) Intrinsic Value: Projected FCF : NT$290.10 (As of Apr. 28, 2024)


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What is St Shine Optical 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 (2024-04-28), St Shine Optical Co's Intrinsic Value: Projected FCF is NT$290.10. The stock price of St Shine Optical Co is NT$184.50. Therefore, St Shine Optical Co's Price-to-Intrinsic-Value-Projected-FCF of today is 0.6.

The historical rank and industry rank for St Shine Optical Co's Intrinsic Value: Projected FCF or its related term are showing as below:

ROCO:1565' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.63   Med: 1.34   Max: 2.63
Current: 0.64

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of St Shine Optical Co was 2.63. The lowest was 0.63. And the median was 1.34.

ROCO:1565's Price-to-Projected-FCF is ranked better than
83.48% of 345 companies
in the Medical Devices & Instruments industry
Industry Median: 1.67 vs ROCO:1565: 0.64

St Shine Optical Co Intrinsic Value: Projected FCF Historical Data

The historical data trend for St Shine Optical 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.

St Shine Optical Co Intrinsic Value: Projected FCF Chart

St Shine Optical 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 337.91 336.52 319.85 293.72 290.10

St Shine Optical Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 293.72 255.11 266.10 260.28 290.10

Competitive Comparison of St Shine Optical Co's Intrinsic Value: Projected FCF

For the Medical Instruments & Supplies subindustry, St Shine Optical 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.


St Shine Optical Co's Price-to-Projected-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, St Shine Optical Co's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where St Shine Optical Co's Price-to-Projected-FCF falls into.



St Shine Optical 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 St Shine Optical Co's Free Cash Flow(6 year avg) = NT$1,037.60.

St Shine Optical 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 (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*1037.60304+6136.07*0.8)/50.972
=290.10

* 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.


St Shine Optical Co  (ROCO:1565) 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.

St Shine Optical 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
=184.50/290.10440551365
=0.64

* 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.


St Shine Optical Co Intrinsic Value: Projected FCF Related Terms

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St Shine Optical Co (ROCO:1565) Business Description

Traded in Other Exchanges
N/A
Address
Ta Tung Road, 5th Floor, No.276, Section 1, Hsi Chih District, New Taipei, TWN, 22146
St Shine Optical Co Ltd is a contact lens manufacturer and one of the largest suppliers of contact lenses in Taiwan. The company primarily sells soft contact lenses, including daily disposable, frequent replacement spherical, frequent replacement toric, colored, and silicone hydrogel lenses. Its frequent replacement portfolio includes weekly, monthly, and quarterly replacement lenses with a range of water contents. St Shine manufactures its lenses with a cast-molding technology developed in-house and uses a computerized lathe cut system to manufacture progressive multifocal lenses used to correct presbyopia. It operates in two segments: Cast molding lenses and Others.

St Shine Optical Co (ROCO:1565) Headlines

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