GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Winfair Investment Co Ltd (HKSE:00287) » Definitions » Intrinsic Value: Projected FCF

Winfair Investment Co (HKSE:00287) Intrinsic Value: Projected FCF : HK$25.45 (As of Apr. 27, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Winfair Investment 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 (2024-04-27), Winfair Investment Co's Intrinsic Value: Projected FCF is HK$25.45. The stock price of Winfair Investment Co is HK$3.95. Therefore, Winfair Investment Co's Price-to-Intrinsic-Value-Projected-FCF of today is 0.2.

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

HKSE:00287' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.16   Med: 0.43   Max: 0.72
Current: 0.16

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Winfair Investment Co was 0.72. The lowest was 0.16. And the median was 0.43.

HKSE:00287's Price-to-Projected-FCF is ranked better than
87.9% of 1264 companies
in the Real Estate industry
Industry Median: 0.64 vs HKSE:00287: 0.16

Winfair Investment Co Intrinsic Value: Projected FCF Historical Data

The historical data trend for Winfair Investment 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.

Winfair Investment Co Intrinsic Value: Projected FCF Chart

Winfair Investment Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.62 23.68 26.76 25.95 25.45

Winfair Investment Co Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 25.95 - 25.45 -

Competitive Comparison of Winfair Investment Co's Intrinsic Value: Projected FCF

For the Real Estate Services subindustry, Winfair Investment 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.


Winfair Investment Co's Price-to-Projected-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Winfair Investment Co's Price-to-Projected-FCF distribution charts can be found below:

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



Winfair Investment 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 Winfair Investment Co's Free Cash Flow(6 year avg) = HK$10.86.

Winfair Investment 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 (Mar23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*10.861571428571+1143.042*0.8)/40.000
=25.45

* 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.


Winfair Investment Co  (HKSE:00287) 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.

Winfair Investment 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
=3.95/25.445989472117
=0.16

* 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.


Winfair Investment Co Intrinsic Value: Projected FCF Related Terms

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


Winfair Investment Co (HKSE:00287) Business Description

Traded in Other Exchanges
N/A
Address
51 Jordan Road, 501-2, 5th floor, Lee Kiu Building, Kowloon, Hong Kong, HKG
Winfair Investment Co Ltd is a real estate services company. The principal activities of the Company and its subsidiaries are property and share investments, property development, and securities dealing. mainly in Hong Kong. The group has three main operating segments - Securities Investment, Property Leasing, and Property Development. It generates maximum revenue from the Property Leasing segment.

Winfair Investment Co (HKSE:00287) Headlines

No Headlines