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Gain Plus Holdings (HKSE:09900) Intrinsic Value: Projected FCF : HK$1.45 (As of May. 19, 2024)


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What is Gain Plus Holdings 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 (2024-05-19), Gain Plus Holdings's Intrinsic Value: Projected FCF is HK$1.45. The stock price of Gain Plus Holdings is HK$1.49. Therefore, Gain Plus Holdings's Price-to-Intrinsic-Value-Projected-FCF of today is 1.0.

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

HKSE:09900' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.43   Med: 1.83   Max: 3.23
Current: 1.03

During the past 8 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Gain Plus Holdings was 3.23. The lowest was 0.43. And the median was 1.83.

HKSE:09900's Price-to-Projected-FCF is ranked worse than
54.5% of 1145 companies
in the Construction industry
Industry Median: 0.94 vs HKSE:09900: 1.03

Gain Plus Holdings Intrinsic Value: Projected FCF Historical Data

The historical data trend for Gain Plus Holdings'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.

Gain Plus Holdings Intrinsic Value: Projected FCF Chart

Gain Plus Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial - - - 0.62 1.45

Gain Plus Holdings Semi-Annual Data
Mar16 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 - 0.62 - 1.45 -

Competitive Comparison of Gain Plus Holdings's Intrinsic Value: Projected FCF

For the Engineering & Construction subindustry, Gain Plus Holdings'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.


Gain Plus Holdings's Price-to-Projected-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Gain Plus Holdings's Price-to-Projected-FCF distribution charts can be found below:

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



Gain Plus Holdings 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 Gain Plus Holdings's Free Cash Flow(6 year avg) = HK$20.67.

Gain Plus Holdings'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)
=(14.862653310476*20.672285714286+288.211*0.8)/372.000
=1.45

* 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.


Gain Plus Holdings  (HKSE:09900) 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.

Gain Plus Holdings's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=1.49/1.4457360637272
=1.03

* 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.


Gain Plus Holdings Intrinsic Value: Projected FCF Related Terms

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Gain Plus Holdings (HKSE:09900) Business Description

Traded in Other Exchanges
N/A
Address
39 Lung Sum Avenue, Unit 1323A, Level 13, Landmark North, Sheung Shui, The New Territories, Hong Kong, HKG
Gain Plus Holdings Ltd is a construction contractor company. The company is engaged in the provision of building construction services and repair, maintenance, addition, and alteration services (RMAA). The services undertaken by main contractors and subcontractors include site investigation, demolition, structural alternation, and additional work. In addition, its RMAA services of the company comprise general upkeep, restoration, and renovation of existing facilities and components of buildings and surroundings, and services consisting of civil works for new buildings such as lift towers, soccer fields, and walkways. The company earns the majority of its revenue from the provision of RMAA Services.

Gain Plus Holdings (HKSE:09900) Headlines

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