GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ningbo Haitian Precision Machinery Co Ltd (SHSE:601882) » Definitions » Intrinsic Value: Projected FCF

Ningbo Haitian Precision Machinery Co (SHSE:601882) Intrinsic Value: Projected FCF : ¥11.23 (As of Jun. 07, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Ningbo Haitian Precision Machinery 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 (2024-06-07), Ningbo Haitian Precision Machinery Co's Intrinsic Value: Projected FCF is ¥11.23. The stock price of Ningbo Haitian Precision Machinery Co is ¥23.99. Therefore, Ningbo Haitian Precision Machinery Co's Price-to-Intrinsic-Value-Projected-FCF of today is 2.1.

The historical rank and industry rank for Ningbo Haitian Precision Machinery Co's Intrinsic Value: Projected FCF or its related term are showing as below:

SHSE:601882' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.64   Med: 2.42   Max: 3.01
Current: 2.14

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Ningbo Haitian Precision Machinery Co was 3.01. The lowest was 1.64. And the median was 2.42.

SHSE:601882's Price-to-Projected-FCF is ranked worse than
65.06% of 1912 companies
in the Industrial Products industry
Industry Median: 1.5 vs SHSE:601882: 2.14

Ningbo Haitian Precision Machinery Co Intrinsic Value: Projected FCF Historical Data

The historical data trend for Ningbo Haitian Precision Machinery 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.

Ningbo Haitian Precision Machinery Co Intrinsic Value: Projected FCF Chart

Ningbo Haitian Precision Machinery Co 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 - 5.54 10.24 10.33 12.47

Ningbo Haitian Precision Machinery Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 9.86 11.23 11.12 12.47 11.23

Competitive Comparison of Ningbo Haitian Precision Machinery Co's Intrinsic Value: Projected FCF

For the Specialty Industrial Machinery subindustry, Ningbo Haitian Precision Machinery 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.


Ningbo Haitian Precision Machinery Co's Price-to-Projected-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo Haitian Precision Machinery Co's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Ningbo Haitian Precision Machinery Co's Price-to-Projected-FCF falls into.



Ningbo Haitian Precision Machinery 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 Ningbo Haitian Precision Machinery Co's Free Cash Flow(6 year avg) = ¥262.75.

Ningbo Haitian Precision Machinery 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)
=(14.862653310476*262.74896+2445.986*0.8)/522.023
=11.23

* 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.


Ningbo Haitian Precision Machinery Co  (SHSE:601882) 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.

Ningbo Haitian Precision Machinery 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
=23.99/11.229266718455
=2.14

* 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.


Ningbo Haitian Precision Machinery Co Intrinsic Value: Projected FCF Related Terms

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


Ningbo Haitian Precision Machinery Co (SHSE:601882) Business Description

Traded in Other Exchanges
N/A
Address
235 Huangshan Road, Dagang Industrial Zone, Beilun District, Ningbo, CHN, 315800
Ningbo Haitian Precision Machinery Co Ltd is the manufacturer of machine tools. The company produces a line of machine tools that includes horizontal machining centre series, vertical machining centre series, double-column machining centre series, CNC lathe/turning centre and milling machining centre series and high-speed double-column machining centre series. Its products are mainly used in military, automotive, aerospace, locomotive, energy, shipping and other industry sectors.
Executives
Zhang Hao senior management
Yu Hong Gang senior management
Zhao Wan Yong Directors, senior managers
Tong Yong Hong Supervisors
Wang Huan Wei Directors, senior managers
Chen Yun senior management
Zhou Lu Fang senior management

Ningbo Haitian Precision Machinery Co (SHSE:601882) Headlines

No Headlines