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Zhejiang Yuejian Intelligent Equipment Co (SHSE:603095) Intrinsic Value: Projected FCF : ¥10.23 (As of Jun. 19, 2024)


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What is Zhejiang Yuejian Intelligent Equipment Co 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 (2024-06-19), Zhejiang Yuejian Intelligent Equipment Co's Intrinsic Value: Projected FCF is ¥10.23. The stock price of Zhejiang Yuejian Intelligent Equipment Co is ¥13.63. Therefore, Zhejiang Yuejian Intelligent Equipment Co's Price-to-Intrinsic-Value-Projected-FCF of today is 1.3.

The historical rank and industry rank for Zhejiang Yuejian Intelligent Equipment Co's Intrinsic Value: Projected FCF or its related term are showing as below:

SHSE:603095' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.29   Med: 1.61   Max: 1.65
Current: 1.33

During the past 9 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Zhejiang Yuejian Intelligent Equipment Co was 1.65. The lowest was 1.29. And the median was 1.61.

SHSE:603095's Price-to-Projected-FCF is ranked better than
55.88% of 1913 companies
in the Industrial Products industry
Industry Median: 1.53 vs SHSE:603095: 1.33

Zhejiang Yuejian Intelligent Equipment Co Intrinsic Value: Projected FCF Historical Data

The historical data trend for Zhejiang Yuejian Intelligent Equipment Co'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.

Zhejiang Yuejian Intelligent Equipment Co Intrinsic Value: Projected FCF Chart

Zhejiang Yuejian Intelligent Equipment Co 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 - - - - 10.38

Zhejiang Yuejian Intelligent Equipment Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 10.38 10.23

Competitive Comparison of Zhejiang Yuejian Intelligent Equipment Co's Intrinsic Value: Projected FCF

For the Specialty Industrial Machinery subindustry, Zhejiang Yuejian Intelligent Equipment Co'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.


Zhejiang Yuejian Intelligent Equipment Co's Price-to-Projected-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Yuejian Intelligent Equipment Co's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Zhejiang Yuejian Intelligent Equipment Co's Price-to-Projected-FCF falls into.



Zhejiang Yuejian Intelligent Equipment Co 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 Zhejiang Yuejian Intelligent Equipment Co's Free Cash Flow(6 year avg) = ¥4.62.

Zhejiang Yuejian Intelligent Equipment Co'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 (Mar24)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*4.61952+2490.656*0.8)/199.106
=10.23

* 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.


Zhejiang Yuejian Intelligent Equipment Co  (SHSE:603095) 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.

Zhejiang Yuejian Intelligent Equipment Co's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=13.63/10.228241512584
=1.33

* 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.


Zhejiang Yuejian Intelligent Equipment Co Intrinsic Value: Projected FCF Related Terms

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Zhejiang Yuejian Intelligent Equipment Co (SHSE:603095) Business Description

Traded in Other Exchanges
N/A
Address
Qixian Street, Yangjialong Village, Keqiao District, Zhejiang Province, Shaoxing, CHN, 312065
Zhejiang Yuejian Intelligent Equipment Co Ltd is engaged in production and sale of textile machinery and equipment. The ompany's products include draw texturing machine, Rapier loom, Towel Rapier Loom, Warp knitting machine, Textile auxiliaries, and air covering machine.
Executives
Han Ming Hai Directors, senior managers
Sun Jian Hua Director
Ma Hong Guang senior management
Wang Wei Liang Directors, senior managers

Zhejiang Yuejian Intelligent Equipment Co (SHSE:603095) Headlines

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