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Freetech Road Recycling Technology (Holdings) (HKSE:06888) Median PS Value : HK$0.38 (As of Jun. 10, 2024)


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What is Freetech Road Recycling Technology (Holdings) Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Freetech Road Recycling Technology (Holdings)'s Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.538. Freetech Road Recycling Technology (Holdings)'s 10-Year median PS Ratio is 0.7063. Therefore, the Median PS Value for today is HK$0.38.

As of today (2024-06-10), Freetech Road Recycling Technology (Holdings)'s share price is HK$0.174. Freetech Road Recycling Technology (Holdings)'s Median PS Value is HK$0.38. Therefore, Freetech Road Recycling Technology (Holdings)'s Price to Median PS Value for today is 0.46.

The historical rank and industry rank for Freetech Road Recycling Technology (Holdings)'s Median PS Value or its related term are showing as below:

HKSE:06888' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.4   Med: 0.44   Max: 0.48
Current: 0.46

During the past 12 years, the highest Price to Median PS Value of Freetech Road Recycling Technology (Holdings) was 0.48. The lowest was 0.40. And the median was 0.44.

HKSE:06888's Price-to-Median-PS-Value is ranked better than
89.72% of 944 companies
in the Construction industry
Industry Median: 1.06 vs HKSE:06888: 0.46

Freetech Road Recycling Technology (Holdings) Median PS Value Historical Data

The historical data trend for Freetech Road Recycling Technology (Holdings)'s Median PS Value 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.

Freetech Road Recycling Technology (Holdings) Median PS Value Chart

Freetech Road Recycling Technology (Holdings) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.41 0.38

Freetech Road Recycling Technology (Holdings) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Median PS Value 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 - - 0.41 - 0.38

Competitive Comparison of Freetech Road Recycling Technology (Holdings)'s Median PS Value

For the Infrastructure Operations subindustry, Freetech Road Recycling Technology (Holdings)'s Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.


Freetech Road Recycling Technology (Holdings)'s Price-to-Median-PS-Value Distribution in the Construction Industry

For the Construction industry and Industrials sector, Freetech Road Recycling Technology (Holdings)'s Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Freetech Road Recycling Technology (Holdings)'s Price-to-Median-PS-Value falls into.



Freetech Road Recycling Technology (Holdings) Median PS Value Calculation

Freetech Road Recycling Technology (Holdings)'s Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.538*0.7063
=0.38

10-Year Median PS Ratio is 0.7063.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Freetech Road Recycling Technology (Holdings)'s Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.538.

* 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.


Freetech Road Recycling Technology (Holdings)  (HKSE:06888) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Freetech Road Recycling Technology (Holdings)'s Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=0.174/0.38
=0.46

* 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.


Freetech Road Recycling Technology (Holdings) Median PS Value Related Terms

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Freetech Road Recycling Technology (Holdings) (HKSE:06888) Business Description

Traded in Other Exchanges
N/A
Address
178 Gloucester Road, 29th Floor, Chinachem Century Tower, Wanchai, Hong Kong, HKG
Freetech Road Recycling Technology (Holdings) Ltd is an investment holding company engaged in the manufacturing and sale of road maintenance equipment and provision of road maintenance services in the People's Republic of China (the PRC). The operating segments of the group are APM service segment, where it provides APM services under the registered trademark (Road Doctor) to repair damaged asphalt pavement surfaces, and the APM equipment segment, where it manufactures and sells a wide range of APM equipment. It derives the majority of its revenue from APM Services. It has a business presence in Mainland China and other overseas markets.
Executives
Bank Of Communications Trustee Limited 2301 Trustee
Sze Wai Pan 2101 Beneficial owner
Freetech Technology Limited 2201 Interest of corporation controlled by you

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