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Guilin Tourism (SZSE:000978) Intrinsic Value: Projected FCF : ¥1.56 (As of May. 24, 2024)


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What is Guilin Tourism 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 (2024-05-24), Guilin Tourism's Intrinsic Value: Projected FCF is ¥1.56. The stock price of Guilin Tourism is ¥6.56. Therefore, Guilin Tourism's Price-to-Intrinsic-Value-Projected-FCF of today is 4.2.

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

SZSE:000978' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.85   Med: 2.44   Max: 5.82
Current: 4.21

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Guilin Tourism was 5.82. The lowest was 0.85. And the median was 2.44.

SZSE:000978's Price-to-Projected-FCF is ranked worse than
85.96% of 570 companies
in the Travel & Leisure industry
Industry Median: 1.14 vs SZSE:000978: 4.21

Guilin Tourism Intrinsic Value: Projected FCF Historical Data

The historical data trend for Guilin Tourism'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.

Guilin Tourism Intrinsic Value: Projected FCF Chart

Guilin Tourism 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 4.43 5.33 3.79 2.16 1.78

Guilin Tourism 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 1.55 2.99 1.41 1.78 1.56

Competitive Comparison of Guilin Tourism's Intrinsic Value: Projected FCF

For the Lodging subindustry, Guilin Tourism'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.


Guilin Tourism's Price-to-Projected-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Guilin Tourism's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Guilin Tourism's Price-to-Projected-FCF falls into.



Guilin Tourism 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 Guilin Tourism's Free Cash Flow(6 year avg) = ¥-32.69.

Guilin Tourism'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*-32.69088+1291.452*0.8)/462.135
=1.56

* 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.


Guilin Tourism  (SZSE:000978) 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.

Guilin Tourism's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=6.56/1.5621689082595
=4.20

* 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.


Guilin Tourism Intrinsic Value: Projected FCF Related Terms

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Guilin Tourism (SZSE:000978) Business Description

Traded in Other Exchanges
N/A
Address
No. 27-2, Cuizhu Road, Guangxi, Guilin, CHN, 541002
Guilin Tourism Corp Ltd is a China-based tourism company. It offers various travel related services including scenic spot, passenger and passenger transport, taxis, hotels, terminals, online tourism, cruise ship, and cultural performances. The company covers various tourist attractions in Guilin China including Danxia Hot Spring, resources Tianmen Mountain, lakes scenic spot, Hezhou Hot Spring and other scenic spots.
Executives
Ma De Hui Director
Chen Luo Man Executives
Zhou Mao Quan Directors, executives
Liu Hong Supervisors
Liu Xue Ming Director
Li Fei Ying Directors, executives
Sun Qi Zhao Director
Xiao Di Bo Directors, executives
Yin Lin Director
Liu Tao Director
Xie Xiang Yu Directors, executives
Guo Heng Gui Executives
Huang Xi Jun Secretary Dong

Guilin Tourism (SZSE:000978) Headlines

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