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Changhong Huayi Compressor Co (SZSE:000404) Intrinsic Value: Projected FCF : ¥11.76 (As of Jun. 19, 2024)


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What is Changhong Huayi Compressor 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), Changhong Huayi Compressor Co's Intrinsic Value: Projected FCF is ¥11.76. The stock price of Changhong Huayi Compressor Co is ¥5.82. Therefore, Changhong Huayi Compressor Co's Price-to-Intrinsic-Value-Projected-FCF of today is 0.5.

The historical rank and industry rank for Changhong Huayi Compressor Co's Intrinsic Value: Projected FCF or its related term are showing as below:

SZSE:000404' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.4   Med: 0.82   Max: 2.89
Current: 0.49

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Changhong Huayi Compressor Co was 2.89. The lowest was 0.40. And the median was 0.82.

SZSE:000404's Price-to-Projected-FCF is ranked better than
90.43% of 1913 companies
in the Industrial Products industry
Industry Median: 1.53 vs SZSE:000404: 0.49

Changhong Huayi Compressor Co Intrinsic Value: Projected FCF Historical Data

The historical data trend for Changhong Huayi Compressor 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.

Changhong Huayi Compressor Co Intrinsic Value: Projected FCF Chart

Changhong Huayi Compressor Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.84 7.24 9.28 11.77 13.71

Changhong Huayi Compressor 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 9.88 14.54 14.28 13.71 11.76

Competitive Comparison of Changhong Huayi Compressor Co's Intrinsic Value: Projected FCF

For the Specialty Industrial Machinery subindustry, Changhong Huayi Compressor 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.


Changhong Huayi Compressor Co's Price-to-Projected-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changhong Huayi Compressor Co's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Changhong Huayi Compressor Co's Price-to-Projected-FCF falls into.



Changhong Huayi Compressor 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 Changhong Huayi Compressor Co's Free Cash Flow(6 year avg) = ¥485.81.

Changhong Huayi Compressor 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)
=(10.478948627719*485.81408+3872.182*0.8)/696.182
=11.76

* 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.


Changhong Huayi Compressor Co  (SZSE:000404) 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.

Changhong Huayi Compressor 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
=5.82/11.762105867349
=0.49

* 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.


Changhong Huayi Compressor Co Intrinsic Value: Projected FCF Related Terms

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Changhong Huayi Compressor Co (SZSE:000404) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Changhong Avenue, Gaoxin Development Zone, Jingdezhen, Jiangxi, CHN, 333001
Changhong Huayi Compressor Co Ltd is a China-based company that develops and produces various types of compressors such as refrigerators, freezers, water dispensers, ice machines, and dehumidifiers. The company has established partnerships for the purpose of sales with domestic and foreign refrigerator companies such as Haier, Hisense, Midea, Meiling and Germany Bosch-Siemens, Sweden Electrolux, Italy Yixixi, Spain Fagor, Liebherr, Samsung, Toshiba.
Executives
Yang Fan Executives
Shi Qiang Secretary, Director
Yu Wan Chun Executives
Chen Si Yuan Supervisors
Zhang Qin Jian Directors, executives
Yang Xiu Biao Director
Xiao Wen Yi Directors, executives
He Cheng Zhi Executives
Pang Hai Tao Executives
Fu Nian Ping Director
Wu Wei Yu Directors, executives
Cha Chun Xia Supervisors
Wang Guo Qing Executives
Wu Jing Hua Executives
Zhu Jin Song Directors, executives

Changhong Huayi Compressor Co (SZSE:000404) Headlines

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