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FSPG Hi-Tech Co (SZSE:000973) Intrinsic Value: Projected FCF : ¥4.09 (As of Jun. 11, 2024)


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What is FSPG Hi-Tech 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 (2024-06-11), FSPG Hi-Tech Co's Intrinsic Value: Projected FCF is ¥4.09. The stock price of FSPG Hi-Tech Co is ¥3.75. Therefore, FSPG Hi-Tech Co's Price-to-Intrinsic-Value-Projected-FCF of today is 0.9.

The historical rank and industry rank for FSPG Hi-Tech Co's Intrinsic Value: Projected FCF or its related term are showing as below:

SZSE:000973' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.58   Med: 0.99   Max: 6.44
Current: 0.92

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of FSPG Hi-Tech Co was 6.44. The lowest was 0.58. And the median was 0.99.

SZSE:000973's Price-to-Projected-FCF is ranked better than
60.65% of 1080 companies
in the Chemicals industry
Industry Median: 1.22 vs SZSE:000973: 0.92

FSPG Hi-Tech Co Intrinsic Value: Projected FCF Historical Data

The historical data trend for FSPG Hi-Tech 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.

FSPG Hi-Tech Co Intrinsic Value: Projected FCF Chart

FSPG Hi-Tech 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 4.82 4.95 5.09 4.99 4.67

FSPG Hi-Tech 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 4.94 5.11 5.10 4.67 4.09

Competitive Comparison of FSPG Hi-Tech Co's Intrinsic Value: Projected FCF

For the Chemicals subindustry, FSPG Hi-Tech 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.


FSPG Hi-Tech Co's Price-to-Projected-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, FSPG Hi-Tech Co's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where FSPG Hi-Tech Co's Price-to-Projected-FCF falls into.



FSPG Hi-Tech 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 FSPG Hi-Tech Co's Free Cash Flow(6 year avg) = ¥177.95.

FSPG Hi-Tech 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*177.94912+2834.737*0.8)/968.219
=4.09

* 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.


FSPG Hi-Tech Co  (SZSE:000973) 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.

FSPG Hi-Tech 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
=3.75/4.0919748410148
=0.92

* 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.


FSPG Hi-Tech Co Intrinsic Value: Projected FCF Related Terms

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FSPG Hi-Tech Co (SZSE:000973) Business Description

Traded in Other Exchanges
N/A
Address
72 Fenjiang Zhong Road, Chancheng District, Foshan, CHN, 528000
FSPG Hi-Tech Co Ltd is a China-based company primarily engaged in the research and development, production and sale of new energy, new materials, energy saving technologies and environmental protection products. The company offers Packaging materials, such as BOPA, BOPP drinking straw and cigarette packaging materials, and laminated AL films; Electric and optical materials, such as BOPP capacitor and polarizer films; Construction materials comprising woven fabrics and PE-Xc pipes; Personal Healthcare & Clothing Material such as PE Casting Embossed Film and EasyTexTM and Advertisement & Labeling Material includes PVC Film For Graphics Use. Geographically the operations are carried out through China.
Executives
Huang Bing Di Directors, executives
Wang Lei Executives
Wang Yu Hong Supervisors
Xu Yong Director
Li Man Li Executives
Feng Zhao Zheng Director
Tao Luo Cheng Executives
Zhou Zhi Hui Executives
Liu Ya Jun Executives
Wu Yao Gen Director
Luo Han Jun Directors, executives
Lv Sen Executives

FSPG Hi-Tech Co (SZSE:000973) Headlines

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