LMPMF (Lee & Man Paper Manufacturing) Intrinsic Value: Projected FCF: $0.60 (As of Aug. 31, 2026)

Author: 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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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.

LMPMF Lee & Man Paper Manufacturing Ltd LMPMF
55 GF Score
Price $0.54
GF Value $0.41
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Lee & Man Paper Manufacturing Intrinsic Value: Projected FCF?

Lee & Man Paper Manufacturing LMPMF 55 Intrinsic Value: Projected FCF is $0.60 as of Aug. 31, 2026. GuruFocus rates LMPMF with a GF Score™ of 55/100 and a GF Value™ of $0.41 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 213 Forest Products companies, Lee & Man Paper Manufacturing ranks worse than 65.73% 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 (2026-08-31), Lee & Man Paper Manufacturing's Intrinsic Value: Projected FCF is $0.60. The stock price of Lee & Man Paper Manufacturing is $0.5376. Therefore, Lee & Man Paper Manufacturing's Price-to-Intrinsic-Value-Projected-FCF of today is 0.9.

The historical rank and industry rank for Lee & Man Paper Manufacturing's Intrinsic Value: Projected FCF or its related term are showing as below:

LMPMF' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.4   Med: 0.68   Max: 2.66
Current: 0.9

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Lee & Man Paper Manufacturing was 2.66. The lowest was 0.40. And the median was 0.68.

LMPMF's Price-to-Projected-FCF is ranked worse than
65.73% of 213 companies
in the Forest Products industry
Industry Median: 0.63 vs LMPMF: 0.90

Lee & Man Paper Manufacturing  (OTCPK:LMPMF) 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.

Lee & Man Paper Manufacturing's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=0.5376/0.55245175741936
=0.97

* 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.


Lee & Man Paper Manufacturing Intrinsic Value: Projected FCF Related Terms


Lee & Man Paper Manufacturing Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Lee & Man Paper Manufacturing'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.

Lee & Man Paper Manufacturing Intrinsic Value: Projected FCF Chart

Lee & Man Paper Manufacturing 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 1.13 0.72 0.67 0.60 0.43

Lee & Man Paper Manufacturing 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 0.00 0.60 0.00 0.43 0.00

Lee & Man Paper Manufacturing Intrinsic Value: Projected FCF Competitor Comparison

For the Paper & Paper Products subindustry, Lee & Man Paper Manufacturing'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.


Lee & Man Paper Manufacturing Price-to-Projected-FCF vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Lee & Man Paper Manufacturing's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Lee & Man Paper Manufacturing's Price-to-Projected-FCF falls into.


LMPMF
55GF Score
Lee & Man Paper Manufacturing Ltd LMPMF
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lee & Man Paper Manufacturing 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 Lee & Man Paper Manufacturing's Free Cash Flow(6 year avg) = $-79.47.

Lee & Man Paper Manufacturing'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)
=(9.5203515959648*-79.471571428571+3911.722*0.8)/4295.000
=0.55

* 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 $0.60 mean?
Lee & Man Paper Manufacturing (LMPMF) has a Intrinsic Value: Projected FCF of $0.60 as of Aug. 31, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Lee & Man Paper Manufacturing and its competitors. According to the industry distribution chart, Lee & Man Paper Manufacturing ranks #140 out of 213 companies in the Forest Products industry, placing it in the top 65.7%.
Is Lee & Man Paper Manufacturing's Intrinsic Value: Projected FCF too high?
Lee & Man Paper Manufacturing's current Intrinsic Value: Projected FCF is $0.60. The Forest Products industry median Intrinsic Value: Projected FCF is 0.63. Lee & Man Paper Manufacturing's value of $0.60 is 4.8% below this industry median. Based on the distribution chart, Lee & Man Paper Manufacturing ranks #140 out of 213 companies in the Forest Products industry, which is below the industry midpoint. Overall, Lee & Man Paper Manufacturing has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lee & Man Paper Manufacturing's Intrinsic Value: Projected FCF compare to competitors?
According to the Forest Products industry distribution chart, Lee & Man Paper Manufacturing ranks #140 out of 213 companies for Intrinsic Value: Projected FCF. This places Lee & Man Paper Manufacturing in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.63. Lee & Man Paper Manufacturing's value of $0.60 is 4.8% below 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 Forest Products company?
The median Intrinsic Value: Projected FCF among Forest Products companies is 0.63, based on 213 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. Lee & Man Paper Manufacturing's current Intrinsic Value: Projected FCF of $0.60 is 4.8% below 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 Lee & Man Paper Manufacturing and its competitors. For the Forest Products industry, the median Intrinsic Value: Projected FCF is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lee & Man Paper Manufacturing's current Intrinsic Value: Projected FCF is $0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lee & Man Paper Manufacturing stock overvalued right now?
Based on GuruFocus' analysis, Lee & Man Paper Manufacturing (LMPMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.41, compared to a current price of $0.54 — trading 31.1% above its estimated fair value. The current Intrinsic Value: Projected FCF is $0.60 and 4.8% below the Forest Products industry median of 0.63. Lee & Man Paper Manufacturing's overall GF Score™ is 55/100 with 6 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 Lee & Man Paper Manufacturing (LMPMF), the current Intrinsic Value: Projected FCF is $0.60 as of Aug. 31, 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 Lee & Man Paper Manufacturing (LMPMF) Overvalued in 2026?

Based on GuruFocus' analysis, Lee & Man Paper Manufacturing stock appears to be overvalued. The current stock price of $0.54 is trading 31.1% above its estimated GF Value™ of $0.41. GuruFocus considers Lee & Man Paper Manufacturing to be Significantly Overvalued.

Key valuation signals for LMPMF:

  • Intrinsic Value: Projected FCF: $0.60
  • GF Value™: $0.41 vs. price of $0.54 (31.1% above fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 4.8% below the Forest Products median (#140 of 213)

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


Lee & Man Paper Manufacturing Business Description

Other Exchanges LMPMY:USA02314:Hong Kong
Address 169 Electric Road, 39th Floor, Lee & Man Commercial Center, North Point, Hong Kong, HKG
Lee & Man Paper Manufacturing Ltd is an investment holding company engaged in the manufacturing and trading of paper and pulp. Its segments are Packaging Paper, Pulp, and Tissue paper. The majority of the revenue is generated from the packaging paper segment that covers the production of kraft liner board, test liner board, coated duplex board, white top liner board, and strength corrugating medium. Its products include Wood pulp products, Boxboard paper products, Pink Gray Card Products, and Toilet Paper Products. The company generates maximum revenue from PRC, and also has its presence in Malaysia; Vietnam; and Hong Kong, Macau and others.
55GF Score

Get the complete analysis for LMPMF

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

$0.54
Price
$0.41
GF Value