GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zhejiang Construction Investment Group Co Ltd (SZSE:002761) » Definitions » Intrinsic Value: Projected FCF

Zhejiang Construction Investment Group Co (SZSE:002761) Intrinsic Value: Projected FCF : ¥-3.93 (As of Jun. 11, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Zhejiang Construction Investment Group 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 (2024-06-11), Zhejiang Construction Investment Group Co's Intrinsic Value: Projected FCF is ¥-3.93. The stock price of Zhejiang Construction Investment Group Co is ¥8.62. Therefore, Zhejiang Construction Investment Group Co's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Zhejiang Construction Investment Group Co's Intrinsic Value: Projected FCF or its related term are showing as below:

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Zhejiang Construction Investment Group Co was 13.09. The lowest was 3.65. And the median was 8.37.

SZSE:002761's Price-to-Projected-FCF is not ranked *
in the Construction industry.
Industry Median: 0.92
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Zhejiang Construction Investment Group Co Intrinsic Value: Projected FCF Historical Data

The historical data trend for Zhejiang Construction Investment Group 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 Construction Investment Group Co Intrinsic Value: Projected FCF Chart

Zhejiang Construction Investment Group 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 -2.63 -4.07 -5.51 1.61 2.81

Zhejiang Construction Investment Group 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 -4.60 -0.07 -1.01 2.81 -3.93

Competitive Comparison of Zhejiang Construction Investment Group Co's Intrinsic Value: Projected FCF

For the Engineering & Construction subindustry, Zhejiang Construction Investment Group 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 Construction Investment Group Co's Price-to-Projected-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zhejiang Construction Investment Group Co's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Zhejiang Construction Investment Group Co's Price-to-Projected-FCF falls into.



Zhejiang Construction Investment Group 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 Construction Investment Group Co's Free Cash Flow(6 year avg) = ¥-716.70.

Zhejiang Construction Investment Group 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)
=(14.862653310476*-716.70032+7997.937*0.8)/1081.169
=-3.93

* 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 Construction Investment Group Co  (SZSE:002761) 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 Construction Investment Group 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
=8.62/-3.934369912259
=

* 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 Construction Investment Group Co Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Zhejiang Construction Investment Group Co's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Construction Investment Group Co (SZSE:002761) Business Description

Traded in Other Exchanges
N/A
Address
No. 52 Wensan West Road, Zhejiang Construction Investment Building, Zhejiang Province, Hangzhou, CHN, 310013
Zhejiang Construction Investment Group Co Ltd is engaged in the building construction business and industrial manufacturing, engineering services, infrastructure investment and operation supporting the main construction industry chain.
Executives
Cheng Tian Yi Supervisors
Zhao Chuan Miao Director
Wu Ying Supervisors
Zhang Wen Directors, executives
Zhang Hai Ying Directors, executives

Zhejiang Construction Investment Group Co (SZSE:002761) Headlines

No Headlines