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Beijing Shougang Co (SZSE:000959) Intrinsic Value: Projected FCF : ¥11.46 (As of Sep. 25, 2024)


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What is Beijing Shougang 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 (2024-09-25), Beijing Shougang Co's Intrinsic Value: Projected FCF is ¥11.46. The stock price of Beijing Shougang Co is ¥2.99. Therefore, Beijing Shougang Co's Price-to-Intrinsic-Value-Projected-FCF of today is 0.3.

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

SZSE:000959' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.23   Med: 0.36   Max: 1.36
Current: 0.26

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Beijing Shougang Co was 1.36. The lowest was 0.23. And the median was 0.36.

SZSE:000959's Price-to-Projected-FCF is ranked better than
89.83% of 482 companies
in the Steel industry
Industry Median: 0.685 vs SZSE:000959: 0.26

Beijing Shougang Co Intrinsic Value: Projected FCF Historical Data

The historical data trend for Beijing Shougang 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.

Beijing Shougang Co Intrinsic Value: Projected FCF Chart

Beijing Shougang 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 9.56 12.68 16.16 12.74 11.39

Beijing Shougang Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 12.67 12.18 11.39 10.84 11.46

Competitive Comparison of Beijing Shougang Co's Intrinsic Value: Projected FCF

For the Steel subindustry, Beijing Shougang 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.


Beijing Shougang Co's Price-to-Projected-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Beijing Shougang Co's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Beijing Shougang Co's Price-to-Projected-FCF falls into.



Beijing Shougang 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 Beijing Shougang Co's Free Cash Flow(6 year avg) = ¥5,052.09.

Beijing Shougang 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 (Jun24)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*5052.09328+49810.216*0.8)/7673.414
=11.46

* 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.


Beijing Shougang Co  (SZSE:000959) 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.

Beijing Shougang 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
=2.99/11.461114586182
=0.26

* 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.


Beijing Shougang Co Intrinsic Value: Projected FCF Related Terms

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Beijing Shougang Co Business Description

Traded in Other Exchanges
N/A
Address
No. 99 Shijingshan Road, Shijingshan District, Beijing, CHN, 100041
Beijing Shougang Co Ltd is a steelmaker in China. The company produces a wide range of steel products. It has a complete production process such as cooking, ironmaking, steelmaking, steel rolling and heat treatment. The products of the company are electrical steel, automotive panels, tinplates, pipeline steel, home appliances, and other high-end sheet products. Its only operating segment being Iron and steel.
Executives
Guo Li Yan Supervisors
Chen Yi Secretary Dong
Wang Jian Wei Executives
Liu Cheng Executives
Wang Yi Director
Wu Zheng Executives

Beijing Shougang Co Headlines

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