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51 Credit Card (HKSE:02051) Intrinsic Value: Projected FCF : HK$-0.99 (As of Jun. 13, 2024)


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What is 51 Credit Card 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 (2024-06-13), 51 Credit Card's Intrinsic Value: Projected FCF is HK$-0.99. The stock price of 51 Credit Card is HK$0.295. Therefore, 51 Credit Card's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for 51 Credit Card's Intrinsic Value: Projected FCF or its related term are showing as below:

HKSE:02051's Price-to-Projected-FCF is not ranked *
in the Credit Services industry.
Industry Median: 0.745
* Ranked among companies with meaningful Price-to-Projected-FCF only.

51 Credit Card Intrinsic Value: Projected FCF Historical Data

The historical data trend for 51 Credit Card'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.

51 Credit Card Intrinsic Value: Projected FCF Chart

51 Credit Card Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only - - -1.35 -1.09 -0.99

51 Credit Card Semi-Annual Data
Dec15 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 -1.35 - -1.09 - -0.99

Competitive Comparison of 51 Credit Card's Intrinsic Value: Projected FCF

For the Credit Services subindustry, 51 Credit Card'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.


51 Credit Card's Price-to-Projected-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, 51 Credit Card's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where 51 Credit Card's Price-to-Projected-FCF falls into.



51 Credit Card 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 51 Credit Card's Free Cash Flow(6 year avg) = HK$-194.09.

51 Credit Card'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*-194.08914285714+793.755*0.8)/1220.849
=-0.99

* 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.


51 Credit Card  (HKSE:02051) 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.

51 Credit Card's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=0.295/-0.99340121584196
=

* 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.


51 Credit Card Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of 51 Credit Card's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


51 Credit Card (HKSE:02051) Business Description

Traded in Other Exchanges
Address
No. 588 Wenyi West Road, Building B3, CECEP Xixi Center, Xihu District, Zhejiang, Hangzhou, CHN
51 Credit Card Inc is an investment holding company. Along with its subsidiaries, it is engaged in providing one-stop personal financial technology services and SaaS services, covering personal credit management, credit card technology services and online credit facilitation and investment services in China. The firm derives revenue from Credit facilitation and service fee, Payment service fee, Credit card technology service fee, SaaS service fee and Other revenue. A majority of its revenue gets derived through Credit facilitation and service fee. The majority of the group's activities are carried out in Mainland China.
Executives
Shen Guojun 2307 Founder of a discretionary trust who can infl
Cantrust (far East) Limited 2301 Trustee
East Jump Management Limited 2101 Beneficial owner
Weihan Evergreen Limited 2201 Interest of corporation controlled by you
Sun Haitao 2501 Other
Hang Zhou Zhen Niu Xin Xi Ke Ji You Xian Gong Si 2106 Person having a security interest in shares
Xin Yong Ka You Xian Gong Si 2201 Interest of corporation controlled by you
51 Credit Card (china) Limited 2201 Interest of corporation controlled by you
Rising Sun Limited 2501 Other
The Core Trust Company Limited 2301 Trustee
Tct (bvi) Limited 2501 Other
51 Stock Limited 2306 Nominee for another person
Tmf (cayman) Ltd. 2301 Trustee
Wukong Ltd. 2501 Other
51 Award Limited 2306 Nominee for another person

51 Credit Card (HKSE:02051) Headlines

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