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Da Yu Financial Holdings (HKSE:01073) Intrinsic Value: Projected FCF : HK$0.26 (As of Jun. 09, 2024)


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What is Da Yu Financial 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 (2024-06-09), Da Yu Financial Holdings's Intrinsic Value: Projected FCF is HK$0.26. The stock price of Da Yu Financial Holdings is HK$0.10. Therefore, Da Yu Financial Holdings's Price-to-Intrinsic-Value-Projected-FCF of today is 0.4.

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

HKSE:01073' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.38   Med: 0.65   Max: 0.65
Current: 0.38

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Da Yu Financial Holdings was 0.65. The lowest was 0.38. And the median was 0.65.

HKSE:01073's Price-to-Projected-FCF is ranked better than
85.16% of 539 companies
in the Capital Markets industry
Industry Median: 1.04 vs HKSE:01073: 0.38

Da Yu Financial Holdings Intrinsic Value: Projected FCF Historical Data

The historical data trend for Da Yu Financial 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.

Da Yu Financial Holdings Intrinsic Value: Projected FCF Chart

Da Yu Financial Holdings Annual Data
Trend Jun11 Jun12 Jun13 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.57 -0.03 -0.13 -0.16 0.26

Da Yu Financial Holdings Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 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 -0.13 - -0.16 - 0.26

Competitive Comparison of Da Yu Financial Holdings's Intrinsic Value: Projected FCF

For the Capital Markets subindustry, Da Yu Financial 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.


Da Yu Financial Holdings's Price-to-Projected-FCF Distribution in the Capital Markets Industry

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

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



Da Yu Financial 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 Da Yu Financial Holdings's Free Cash Flow(6 year avg) = HK$8.22.

Da Yu Financial 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*8.2187142857143+309.938*0.8)/1273.369
=0.26

* 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.


Da Yu Financial Holdings  (HKSE:01073) 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.

Da Yu Financial 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
=0.10/0.25616726154538
=0.39

* 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.


Da Yu Financial Holdings Intrinsic Value: Projected FCF Related Terms

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Da Yu Financial Holdings (HKSE:01073) Business Description

Traded in Other Exchanges
N/A
Address
138 Gloucester Road, Room 1801, 18th Floor, Allied Kajima Building, Wanchai, Hong Kong, HKG
Da Yu Financial Holdings Ltd is an investment holding company and is engaged in providing financial advisory services. It operates in four segments. The corporate finance advisory services include services incidental to financial advisory, compliance advisory services, placing agency and underwriting services, investment business, and others. The Asset management services include investment advisory services and sundry income derived from the provision of the services. The Securities and related services include the provision of securities broking, underwriting, and placing of securities and investment in securities. The money lending business includes the provision of loan financing and related services. The group mainly has operations located in Hong Kong.
Executives
Victory Gain Ventures Limited 2101 Beneficial owner
Asm Connaught House General Partner V Limited 2201 Interest of corporation controlled by you
Asm Connaught House (master) Fund V Lp 2101 Beneficial owner
Chan Kin 2201 Interest of corporation controlled by you
Argyle Street Management Limited 2201 Interest of corporation controlled by you
Xu Haohao 2101 Beneficial owner
Lee Su Hwei 2201 Interest of corporation controlled by you
Lee Seng Huang 2201 Interest of corporation controlled by you
Beyond Global Enterprises Limited 2201 Interest of corporation controlled by you
First Steamship Company Limited 2101 Beneficial owner
Argyle Street Management Holdings Limited 2201 Interest of corporation controlled by you
Lee Seng Hui 2201 Interest of corporation controlled by you
Allied Group Limited 2201 Interest of corporation controlled by you
Cheung Kit Shan Susanna 2202 Interest of your spouse
Lee Wa Lun Warren 2101 Beneficial owner

Da Yu Financial Holdings (HKSE:01073) Headlines

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