JCYCF (Jardine Cycle & Carriage) Intrinsic Value: Projected FCF: $66.97 (As of Sep. 16, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JCYCF Jardine Cycle & Carriage Ltd JCYCF
69 GF Score
Price $22.10
GF Value $20.42
Valuation Fairly Valued
! 3 Warning Signs
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What is Jardine Cycle & Carriage Intrinsic Value: Projected FCF?

Jardine Cycle & Carriage JCYCF 69 Intrinsic Value: Projected FCF is $66.97 as of Sep. 16, 2026. GuruFocus rates JCYCF with a GF Score™ of 69/100 and a GF Value™ of $20.42 (Fairly Valued). The stock has 3 warning signs investors should review. Among 418 Conglomerates companies, Jardine Cycle & Carriage ranks better than 82.06% on this metric.

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 (2026-09-16), Jardine Cycle & Carriage's Intrinsic Value: Projected FCF is $66.97. The stock price of Jardine Cycle & Carriage is $22.10. Therefore, Jardine Cycle & Carriage's Price-to-Intrinsic-Value-Projected-FCF of today is 0.3.

The historical rank and industry rank for Jardine Cycle & Carriage's Intrinsic Value: Projected FCF or its related term are showing as below:

JCYCF' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.31   Med: 0.53   Max: 1.52
Current: 0.33

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Jardine Cycle & Carriage was 1.52. The lowest was 0.31. And the median was 0.53.

JCYCF's Price-to-Projected-FCF is ranked better than
82.06% of 418 companies
in the Conglomerates industry
Industry Median: 0.855 vs JCYCF: 0.33

Jardine Cycle & Carriage  (OTCPK:JCYCF) 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.

Jardine Cycle & Carriage's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=22.10/68.305228940809
=0.32

* 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.


Jardine Cycle & Carriage Intrinsic Value: Projected FCF Related Terms


Jardine Cycle & Carriage Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Jardine Cycle & Carriage'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.

Jardine Cycle & Carriage Intrinsic Value: Projected FCF Chart

Jardine Cycle & Carriage Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.24 72.00 75.98 85.89 89.25

Jardine Cycle & Carriage Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 95.25 99.68 106.30 109.35 91.80

JCYCF vs MMM, HON: Intrinsic Value: Projected FCF Comparison

For the Conglomerates subindustry, Jardine Cycle & Carriage'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.


Jardine Cycle & Carriage Price-to-Projected-FCF vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jardine Cycle & Carriage's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Jardine Cycle & Carriage's Price-to-Projected-FCF falls into.


JCYCF
69GF Score
Jardine Cycle & Carriage Ltd JCYCF
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jardine Cycle & Carriage 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 Jardine Cycle & Carriage's Free Cash Flow(6 year avg) = $1,855.07.

Jardine Cycle & Carriage'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 (Dec25)*0.8)/Shares Outstanding (Diluted Average)
=(10.844211261935*1855.0714285714+8596.8*0.8)/395.2
=68.31

* 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.

What does a Intrinsic Value: Projected FCF of $66.97 mean?
Jardine Cycle & Carriage (JCYCF) has a Intrinsic Value: Projected FCF of $66.97 as of Sep. 16, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Jardine Cycle & Carriage and its competitors. According to the industry distribution chart, Jardine Cycle & Carriage ranks #75 out of 418 companies in the Conglomerates industry, placing it in the top 17.9%.
Is Jardine Cycle & Carriage's Intrinsic Value: Projected FCF too high?
Jardine Cycle & Carriage's current Intrinsic Value: Projected FCF is $66.97. The Conglomerates industry median Intrinsic Value: Projected FCF is 0.86. Jardine Cycle & Carriage's value of $66.97 is 7732.7% above this industry median. Based on the distribution chart, Jardine Cycle & Carriage ranks #75 out of 418 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Jardine Cycle & Carriage has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jardine Cycle & Carriage's Intrinsic Value: Projected FCF compare to MMM and HON?
According to the Conglomerates industry distribution chart, Jardine Cycle & Carriage ranks #75 out of 418 companies for Intrinsic Value: Projected FCF. This places Jardine Cycle & Carriage in the top 18% of its industry — outperforming the majority of peers. The industry median Intrinsic Value: Projected FCF is 0.86. Jardine Cycle & Carriage's value of $66.97 is 7732.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Conglomerates company?
The median Intrinsic Value: Projected FCF among Conglomerates companies is 0.86, based on 418 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jardine Cycle & Carriage's current Intrinsic Value: Projected FCF of $66.97 is 7732.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Jardine Cycle & Carriage and its competitors. For the Conglomerates industry, the median Intrinsic Value: Projected FCF is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jardine Cycle & Carriage's current Intrinsic Value: Projected FCF is $66.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jardine Cycle & Carriage stock overvalued right now?
Based on GuruFocus' analysis, Jardine Cycle & Carriage (JCYCF) is currently considered Fairly Valued. The stock's GF Value™ is $20.42, compared to a current price of $22.10 — trading 8.2% above its estimated fair value. The current Intrinsic Value: Projected FCF is $66.97 and 7732.7% above the Conglomerates industry median of 0.86. Jardine Cycle & Carriage's overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Jardine Cycle & Carriage (JCYCF), the current Intrinsic Value: Projected FCF is $66.97 as of Sep. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Jardine Cycle & Carriage (JCYCF) Overvalued in 2026?

Based on GuruFocus' analysis, Jardine Cycle & Carriage stock appears to be overvalued. The current stock price of $22.10 is trading 8.2% above its estimated GF Value™ of $20.42. GuruFocus considers Jardine Cycle & Carriage to be Fairly Valued.

Key valuation signals for JCYCF:

  • Intrinsic Value: Projected FCF: $66.97
  • GF Value™: $20.42 vs. price of $22.10 (8.2% above fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 7732.7% above the Conglomerates median (#75 of 418)

No single metric tells the full story. See the JCYCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jardine Cycle & Carriage Business Description

Address 239 Alexandra Road, Singapore, SGP, 159930
Jardine Cycle & Carriage Ltd is an investment holding conglomerate focused on investments in the manufacture and distribution of motor vehicles in Southeast Asia. Its segments are Astra, Thaco, Cycle & Carriage. The Astra segment includes the company's controlling interest in Astra International, an automotive group in Southeast Asia; THACO is a multi-industry group; Cycle & Carriage represents a broad range of automotive brands across its established network in Singapore and Malaysia.
69GF Score

Get the complete analysis for JCYCF

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$22.10
Price
$20.42
GF Value