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Shenzhen Investment Holdings Bay Area Development Co (HKSE:80737) Intrinsic Value: Projected FCF : ¥0.81 (As of May. 04, 2024)


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What is Shenzhen Investment Holdings Bay Area Development Co 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 (2024-05-04), Shenzhen Investment Holdings Bay Area Development Co's Intrinsic Value: Projected FCF is ¥0.81. The stock price of Shenzhen Investment Holdings Bay Area Development Co is ¥1.51. Therefore, Shenzhen Investment Holdings Bay Area Development Co's Price-to-Intrinsic-Value-Projected-FCF of today is 1.9.

The historical rank and industry rank for Shenzhen Investment Holdings Bay Area Development Co's Intrinsic Value: Projected FCF or its related term are showing as below:

HKSE:80737' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.72   Med: 1.41   Max: 2.96
Current: 1.86

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Shenzhen Investment Holdings Bay Area Development Co was 2.96. The lowest was 0.72. And the median was 1.41.

HKSE:80737's Price-to-Projected-FCF is ranked worse than
76.18% of 1142 companies
in the Construction industry
Industry Median: 0.92 vs HKSE:80737: 1.86

Shenzhen Investment Holdings Bay Area Development Co Intrinsic Value: Projected FCF Historical Data

The historical data trend for Shenzhen Investment Holdings Bay Area Development Co'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.

Shenzhen Investment Holdings Bay Area Development Co Intrinsic Value: Projected FCF Chart

Shenzhen Investment Holdings Bay Area Development Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 2.04 1.77 0.68 0.78

Shenzhen Investment Holdings Bay Area Development Co Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
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 0.68 - - 0.78 -

Competitive Comparison of Shenzhen Investment Holdings Bay Area Development Co's Intrinsic Value: Projected FCF

For the Infrastructure Operations subindustry, Shenzhen Investment Holdings Bay Area Development Co'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.


Shenzhen Investment Holdings Bay Area Development Co's Price-to-Projected-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shenzhen Investment Holdings Bay Area Development Co's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Shenzhen Investment Holdings Bay Area Development Co's Price-to-Projected-FCF falls into.



Shenzhen Investment Holdings Bay Area Development Co 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 Shenzhen Investment Holdings Bay Area Development Co's Free Cash Flow(6 year avg) = ¥-20.86.

Shenzhen Investment Holdings Bay Area Development Co'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 (Mar24)/0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-20.85664+0/0.8)/3080.219
=-0.06

* 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.


Shenzhen Investment Holdings Bay Area Development Co  (HKSE:80737) 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.

Shenzhen Investment Holdings Bay Area Development Co's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=1.51/-0.064463775436248
=

* 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.


Shenzhen Investment Holdings Bay Area Development Co Intrinsic Value: Projected FCF Related Terms

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Shenzhen Investment Holdings Bay Area Development Co (HKSE:80737) Business Description

Traded in Other Exchanges
Address
30 Harbour Road, Rooms 4902-4916, 49th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG
Shenzhen Investment Holdings Bay Area Development Co Ltd is an investment holding company that is engaged in the initiation, promotion, development, and operation of toll expressways and bridges in China. The company manages its business in four segments namely Guangzhou-Shenzhen Superhighway, Guangzhou-Zhuhai West Superhighway, Coastal Expressway, and Xintang Interchange. It generates most of the revenue from the Guangzhou-Shenzhen Superhighway segment.

Shenzhen Investment Holdings Bay Area Development Co (HKSE:80737) Headlines

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