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SINA (SINA) Intrinsic Value: Projected FCF : $90.58 (As of Apr. 26, 2024)


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What is SINA 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 (2024-04-26), SINA's Intrinsic Value: Projected FCF is $90.58. The stock price of SINA is $43.26. Therefore, SINA's Price-to-Intrinsic-Value-Projected-FCF of today is 0.5.

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

SINA' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.38   Med: 1.59   Max: 3.28
Current: 0.48

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of SINA was 3.28. The lowest was 0.38. And the median was 1.59.

SINA's Price-to-Projected-FCF is not ranked
in the Interactive Media industry.
Industry Median: 1.19 vs SINA: 0.48

SINA Intrinsic Value: Projected FCF Historical Data

The historical data trend for SINA'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.

SINA Intrinsic Value: Projected FCF Chart

SINA Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.53 48.19 65.42 66.48 90.58

SINA Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 32.43 32.07 90.58 - -

Competitive Comparison of SINA's Intrinsic Value: Projected FCF

For the Internet Content & Information subindustry, SINA'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.


SINA's Price-to-Projected-FCF Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, SINA's Price-to-Projected-FCF distribution charts can be found below:

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



SINA 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 SINA's Free Cash Flow(6 year avg) = $282.41.

SINA'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 (Dec19)*0.8)/Shares Outstanding (Diluted Average)
=(14.862653310476*282.40657142857+2638.481*0.8)/69.640
=90.58

* 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.


SINA  (NAS:SINA) 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.

SINA's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=43.26/90.581501489704
=0.48

* 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.


SINA Intrinsic Value: Projected FCF Related Terms

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


SINA (SINA) Business Description

Traded in Other Exchanges
N/A
Address
Courtyard 10, the West Xibeiwang East Road, No. 8 SINA Plaza, Haidian District, Beijing, CHN, 100193
Sina is a leading online media company in China, established in 1998. In 2009, Sina launched the first Twitter-like social media platform in China, Weibo, which has reached 361 million monthly active users and 159 million daily active users. Sina holds 46% of shares and has 72% voting power in Weibo, and Alibaba holds 31.4% of shares and 14.8% voting power. About 85% of net revenue is from online advertising, with 29.5% from portal advertising and 55.4% from Weibo advertising.
Executives
Hurst Lin director
Yan Wang director
Benjamin S Tsiang officer: Executive Vice President
Pehong Chen director 460 SEAPORT COURT, SUITE 102, REDWOOD CITY CA 94063
Yongji Duan director NO 2 HAIDIAN ROAD C/O PATRICK NG ZHONGGUANCUN F4 00000
Ter Fung Tsao director 2988 CAMPUS DRIVE STE 100 SAN MATEO CA 94403
Yi Chen Zhang director 28/F CITIC TOWER 1 TIM MEI AVENUE HONG KONG K3 00000
Xiaotao Chen director C/O STONE ELECTRONIC TECHNOLOGY 27/F, K. WAH CENTRE, 191 JAVA ROAD NORTH POINT K3
Song-yi Zhang director C/O: 10/F, FUNG HOUSE, 19-20 CONNAUGHT ROAD CENTRAL, HONG KONG K3 -
Lip Bu Tan director ONE CALIFORNIA STREET 28TH FLOOR, SAN FRANCISCO CA 94111
Charles Guowei Chao director, officer: CEO & President
Herman Yu officer: Acting Chief Financial Officer C/O SINA, 20F, IDEAL PLAZA NO. 58, NORTH 4TH RING ROAD WEST HAIDIAN DISTRICT, BE F4 100080
Daniel Chiang director
Shanda Interactive Entertainment Ltd 10 percent owner NO. 208 JULI ROAD PUDONG NEW AREA SHANGHAI F4 201203
Skyline Media Ltd 10 percent owner PALM GROVE HOUSE P.O. BOX 438 ROAD TOWN, TORTOLA D8 00000