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SOCAM Development (HKSE:00983) Intrinsic Value: Projected FCF : HK$10.74 (As of May. 25, 2024)


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What is SOCAM Development 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 (2024-05-25), SOCAM Development's Intrinsic Value: Projected FCF is HK$10.74. The stock price of SOCAM Development is HK$0.59. Therefore, SOCAM Development's Price-to-Intrinsic-Value-Projected-FCF of today is 0.1.

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

HKSE:00983' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.05   Med: 0.32   Max: 0.57
Current: 0.05

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of SOCAM Development was 0.57. The lowest was 0.05. And the median was 0.32.

HKSE:00983's Price-to-Projected-FCF is ranked better than
98.04% of 1274 companies
in the Real Estate industry
Industry Median: 0.655 vs HKSE:00983: 0.05

SOCAM Development Intrinsic Value: Projected FCF Historical Data

The historical data trend for SOCAM Development'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.

SOCAM Development Intrinsic Value: Projected FCF Chart

SOCAM Development 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 6.43 5.09 9.01 9.98 10.74

SOCAM Development 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 9.01 - 9.98 - 10.74

Competitive Comparison of SOCAM Development's Intrinsic Value: Projected FCF

For the Real Estate - Development subindustry, SOCAM Development'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.


SOCAM Development's Price-to-Projected-FCF Distribution in the Real Estate Industry

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

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



SOCAM Development 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 SOCAM Development's Free Cash Flow(6 year avg) = HK$205.43.

SOCAM Development'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)
=(10.265723347005*205.42857142857+2371*0.8)/373.000
=10.74

* 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.


SOCAM Development  (HKSE:00983) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=0.59/10.739069388354
=0.05

* 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.


SOCAM Development Intrinsic Value: Projected FCF Related Terms

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SOCAM Development (HKSE:00983) Business Description

Traded in Other Exchanges
N/A
Address
6-8 Harbour Road, 34th Floor, Shui On Centre, Hong Kong, HKG
SOCAM Development Ltd is an investment holding company. The company along with its subsidiaries is principally engaged in property segment which includes Property development and construction and maintenance segment includes contracting ,renovation and fitting out, smart facilities management and Other businesses segment includes venture capital investment and others. The group's majority of the revenue comes from Construction and maintenance segment in which Hongkong is the major contributor when it comes to revenue.
Executives
Lo Hong Sui 2307 Founder of a discretionary trust who can infl
Lo Bo Yue, Stephanie 2501 Other
Bosrich Holdings (ptc) Inc. 2301 Trustee
Hsbc International Trustee Limited 2301 Trustee
Shui On Company Limited 2101 Beneficial owner
Chu Loletta 2202 Interest of your spouse
Right Ying Holdings Limited 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
Sun Yinhuan 2307 Founder of a discretionary trust who can infl

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