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Raymond Industrial (HKSE:00229) Intrinsic Value: Projected FCF : HK$1.91 (As of May. 27, 2024)


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What is Raymond Industrial 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 (2024-05-27), Raymond Industrial's Intrinsic Value: Projected FCF is HK$1.91. The stock price of Raymond Industrial is HK$1.01. Therefore, Raymond Industrial's Price-to-Intrinsic-Value-Projected-FCF of today is 0.5.

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

HKSE:00229' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.4   Med: 0.63   Max: 0.76
Current: 0.53

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Raymond Industrial was 0.76. The lowest was 0.40. And the median was 0.63.

HKSE:00229's Price-to-Projected-FCF is ranked better than
77.15% of 302 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.025 vs HKSE:00229: 0.53

Raymond Industrial Intrinsic Value: Projected FCF Historical Data

The historical data trend for Raymond Industrial'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.

Raymond Industrial Intrinsic Value: Projected FCF Chart

Raymond Industrial 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 1.74 1.78 1.76 1.82 1.91

Raymond Industrial Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.76 - 1.82 - 1.91

Competitive Comparison of Raymond Industrial's Intrinsic Value: Projected FCF

For the Furnishings, Fixtures & Appliances subindustry, Raymond Industrial'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.


Raymond Industrial's Price-to-Projected-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Raymond Industrial's Price-to-Projected-FCF distribution charts can be found below:

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



Raymond Industrial 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 Raymond Industrial's Free Cash Flow(6 year avg) = HK$44.03.

Raymond Industrial'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 (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*44.025571428571+673.541*0.8)/501.324
=1.91

* 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.


Raymond Industrial  (HKSE:00229) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=1.01/1.9108834191327
=0.53

* 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.


Raymond Industrial Intrinsic Value: Projected FCF Related Terms

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


Raymond Industrial (HKSE:00229) Business Description

Traded in Other Exchanges
N/A
Address
8 On Ping Street, Rooms 1801-1813, 18th Floor, Grandtech Centre, Shatin, New Territories, Hong Kong, HKG
Raymond Industrial Ltd is engaged in the manufacture and sale of electrical home appliances. The company's geographical segment includes Japan, the United States, and the People's Republic of China (PRC), Europe, Asia (excluding Japan and the PRC) and Rest of the world. The PRC segment is involved in the manufacture of electrical household appliances. The Rest of the world segment covers sales of electrical home appliances to customers in Australia, Canada, South America and Africa. Its product categories comprise Environmental products, Battery, Health and personal care, Kitchen products and other small and medium-sized electrical household appliances.
Executives
Wong Ying Man John 2101 Beneficial owner
Webb David Michael 2101 Beneficial owner
Diamond-harvest Limited 2101 Beneficial owner
Wong Kin Lae Wilson 2201 Interest of corporation controlled by you
Zhong Guo Bing Qi Gong Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Bing Qi Zhuang Bei Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Bei Fang Gong Ye You Xian Gong Si 2201 Interest of corporation controlled by you
An Li Shi Ye You Xian Gong Si 2101 Beneficial owner
Sun Kwing Hai Amelia 2202 Interest of your spouse

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