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Niche-Tech Semiconductor Materials (HKSE:08490) Intrinsic Value: Projected FCF : HK$-0.59 (As of Jun. 05, 2024)


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What is Niche-Tech Semiconductor Materials 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), Niche-Tech Semiconductor Materials's Intrinsic Value: Projected FCF is HK$-0.59. The stock price of Niche-Tech Semiconductor Materials is HK$0.147. Therefore, Niche-Tech Semiconductor Materials's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Niche-Tech Semiconductor Materials's Intrinsic Value: Projected FCF or its related term are showing as below:

HKSE:08490's Price-to-Projected-FCF is not ranked *
in the Semiconductors industry.
Industry Median: 2.11
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Niche-Tech Semiconductor Materials Intrinsic Value: Projected FCF Historical Data

The historical data trend for Niche-Tech Semiconductor Materials'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.

Niche-Tech Semiconductor Materials Intrinsic Value: Projected FCF Chart

Niche-Tech Semiconductor Materials 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 - - -0.31 -0.36 -0.59

Niche-Tech Semiconductor Materials 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 -0.36 - - - -0.59

Competitive Comparison of Niche-Tech Semiconductor Materials's Intrinsic Value: Projected FCF

For the Semiconductor Equipment & Materials subindustry, Niche-Tech Semiconductor Materials'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.


Niche-Tech Semiconductor Materials's Price-to-Projected-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Niche-Tech Semiconductor Materials's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Niche-Tech Semiconductor Materials's Price-to-Projected-FCF falls into.



Niche-Tech Semiconductor Materials 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 Niche-Tech Semiconductor Materials's Free Cash Flow(6 year avg) = HK$-62.40.

Niche-Tech Semiconductor Materials'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*-62.399428571429+220.938*0.8)/705.500
=-0.59

* 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.


Niche-Tech Semiconductor Materials  (HKSE:08490) 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.

Niche-Tech Semiconductor Materials's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=0.147/-0.59151537829524
=

* 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.


Niche-Tech Semiconductor Materials Intrinsic Value: Projected FCF Related Terms

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Niche-Tech Semiconductor Materials (HKSE:08490) Business Description

Traded in Other Exchanges
N/A
Address
Unit 208, 2nd Floor, Lakeside 1, Phase Two, Hong Kong Science Park, Pak Shek Kok, New Territories, Hong Kong, HKG
Niche-Tech Semiconductor Materials Ltd is a semiconductor packaging materials manufacturer. Its products are divided into Bonding Wires, Encapsulants, and Others. Bonding wires include developing, manufacturing, and supply of fine and ultra-fine Bonding Wires such as gold, gold alloy, silver alloy, aluminum, silicone aluminum, copper, copper alloy, and palladium-coated copper. Other products mainly include solder wire, solder bar, solder paste, and bonding tools for PCB application, and Encapsulant includes high-purity liquid glob-top epoxy for COB applications and others. The company generates a majority of its revenue from Bonding wires, and geographically from the People's Republic of China.
Executives
Chows Investment Group Limited 2201 Interest of corporation controlled by you
Niche-tech Investment Holdings Limited 2101 Beneficial owner
Cheng Pak Ching 2202 Interest of your spouse
Ma Ah Muk 2101 Beneficial owner
Chow Chun Kay Stephen 2201 Interest of corporation controlled by you
Chow Fung Wai Lan Rita 2202 Interest of your spouse
Chow Bok Hin Felix 2201 Interest of corporation controlled by you
Chow Kuo Li Jen 2202 Interest of your spouse

Niche-Tech Semiconductor Materials (HKSE:08490) Headlines

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