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Qingdao Gaoce Technology Co (SHSE:688556) Intrinsic Value: Projected FCF : ¥7.20 (As of May. 27, 2024)


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What is Qingdao Gaoce Technology 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 (2024-05-27), Qingdao Gaoce Technology Co's Intrinsic Value: Projected FCF is ¥7.20. The stock price of Qingdao Gaoce Technology Co is ¥16.07. Therefore, Qingdao Gaoce Technology Co's Price-to-Intrinsic-Value-Projected-FCF of today is 2.2.

The historical rank and industry rank for Qingdao Gaoce Technology Co's Intrinsic Value: Projected FCF or its related term are showing as below:

SHSE:688556' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 2.18   Med: 2.86   Max: 3.01
Current: 2.23

During the past 10 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Qingdao Gaoce Technology Co was 3.01. The lowest was 2.18. And the median was 2.86.

SHSE:688556's Price-to-Projected-FCF is ranked worse than
64.48% of 1920 companies
in the Industrial Products industry
Industry Median: 1.55 vs SHSE:688556: 2.23

Qingdao Gaoce Technology Co Intrinsic Value: Projected FCF Historical Data

The historical data trend for Qingdao Gaoce Technology 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.

Qingdao Gaoce Technology Co Intrinsic Value: Projected FCF Chart

Qingdao Gaoce Technology Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 8.10

Qingdao Gaoce Technology 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 - - - 8.10 7.20

Competitive Comparison of Qingdao Gaoce Technology Co's Intrinsic Value: Projected FCF

For the Specialty Industrial Machinery subindustry, Qingdao Gaoce Technology 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.


Qingdao Gaoce Technology Co's Price-to-Projected-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qingdao Gaoce Technology Co's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Qingdao Gaoce Technology Co's Price-to-Projected-FCF falls into.



Qingdao Gaoce Technology 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 Qingdao Gaoce Technology Co's Free Cash Flow(6 year avg) = ¥53.03.

Qingdao Gaoce Technology 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*53.032+4283.668*0.8)/546.199
=7.20

* 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.


Qingdao Gaoce Technology Co  (SHSE:688556) 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.

Qingdao Gaoce Technology 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
=16.07/7.1985076608291
=2.23

* 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.


Qingdao Gaoce Technology Co Intrinsic Value: Projected FCF Related Terms

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Qingdao Gaoce Technology Co (SHSE:688556) Business Description

Traded in Other Exchanges
N/A
Address
No.66 Huoju Zhilu, High-tech Industrial Development Zone, Shandong Province, Qingdao, CHN, 266114
Qingdao Gaoce Technology Co Ltd is engaged in the research and development, production and sales of cutting equipment for hard and brittle materials and cutting tools. The products are mainly used on silicon wafer for photovoltaic industry.
Executives
Duan Jing Bo Core technical personnel
Yu Wen Bo Supervisors
Wang Mu Ya Directors, senior managers
Zhang Lu Core technical personnel
Zhang Xiu Tao Directors, senior managers
Li Xue Yu Directors, senior managers
Yu Qun Core technical personnel
Xing Xu Core technical personnel
Jiang Shu Ming Director
Zhang Xu Director, core technical staff
Chou Jian Core technical personnel

Qingdao Gaoce Technology Co (SHSE:688556) Headlines

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