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CSC Holdings (HKSE:00235) Intrinsic Value: Projected FCF : HK$0.14 (As of Jun. 05, 2024)


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What is CSC 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 (2024-06-05), CSC Holdings's Intrinsic Value: Projected FCF is HK$0.14. The stock price of CSC Holdings is HK$0.026. Therefore, CSC Holdings's Price-to-Intrinsic-Value-Projected-FCF of today is 0.2.

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

HKSE:00235' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.18   Med: 0.96   Max: 7.33
Current: 0.19

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of CSC Holdings was 7.33. The lowest was 0.18. And the median was 0.96.

HKSE:00235's Price-to-Projected-FCF is ranked better than
96.1% of 539 companies
in the Capital Markets industry
Industry Median: 1.04 vs HKSE:00235: 0.19

CSC Holdings Intrinsic Value: Projected FCF Historical Data

The historical data trend for CSC 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.

CSC Holdings Intrinsic Value: Projected FCF Chart

CSC Holdings 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 -0.02 0.20 0.07 0.13 0.14

CSC Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.07 - 0.13 - 0.14

Competitive Comparison of CSC Holdings's Intrinsic Value: Projected FCF

For the Capital Markets subindustry, CSC 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.


CSC Holdings's Price-to-Projected-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CSC Holdings's Price-to-Projected-FCF distribution charts can be found below:

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



CSC 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 CSC Holdings's Free Cash Flow(6 year avg) = HK$108.80.

CSC 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 (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*108.80357142857+2211.728*0.8)/20385.254
=0.14

* 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.


CSC Holdings  (HKSE:00235) 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.

CSC 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
=0.026/0.1376107776188
=0.19

* 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.


CSC Holdings Intrinsic Value: Projected FCF Related Terms

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CSC Holdings (HKSE:00235) Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, Rooms 3206-3210, 32nd Floor, China Resources Building, Wanchai, Hong Kong, HKG
CSC Holdings Ltd conducts operations through its subsidiaries. The company's core businesses consist of investment in securities, which generates dividend income and other income; the trading business, which includes trading of metal minerals and electronic components; the money-lending business, which generates interest income and arrangement fees; and Securities brokerage includes dealing in securities activities. The company generates its revenue from the trading business. It conducts operations in the People's Republic of China and Hong Kong, with the revenue generated from Hong Kong.
Executives
Courage Star Global Limited 2101 Beneficial owner
Pioneer Success Development Limited 2101 Beneficial owner
Cheng Kar Shun 2201 Interest of corporation controlled by you
Suen Cho Hung, Paul 2201 Interest of corporation controlled by you

CSC Holdings (HKSE:00235) Headlines

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