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Thai-German Products PCL (BKK:TGPRO) Intrinsic Value: Projected FCF : ฿0.38 (As of Jun. 05, 2024)


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What is Thai-German Products PCL 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 (2024-06-05), Thai-German Products PCL's Intrinsic Value: Projected FCF is ฿0.38. The stock price of Thai-German Products PCL is ฿0.12. Therefore, Thai-German Products PCL's Price-to-Intrinsic-Value-Projected-FCF of today is 0.3.

The historical rank and industry rank for Thai-German Products PCL's Intrinsic Value: Projected FCF or its related term are showing as below:

BKK:TGPRO' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.32   Med: 0.83   Max: 7
Current: 0.32

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Thai-German Products PCL was 7.00. The lowest was 0.32. And the median was 0.83.

BKK:TGPRO's Price-to-Projected-FCF is ranked better than
85.23% of 474 companies
in the Steel industry
Industry Median: 0.71 vs BKK:TGPRO: 0.32

Thai-German Products PCL Intrinsic Value: Projected FCF Historical Data

The historical data trend for Thai-German Products PCL'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.

Thai-German Products PCL Intrinsic Value: Projected FCF Chart

Thai-German Products PCL 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 -0.20 -0.15 0.07 0.30 0.37

Thai-German Products PCL 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 0.28 0.30 0.36 0.37 0.38

Competitive Comparison of Thai-German Products PCL's Intrinsic Value: Projected FCF

For the Steel subindustry, Thai-German Products PCL'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.


Thai-German Products PCL's Price-to-Projected-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Thai-German Products PCL's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Thai-German Products PCL's Price-to-Projected-FCF falls into.



Thai-German Products PCL 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 Thai-German Products PCL's Free Cash Flow(6 year avg) = ฿33.81.

Thai-German Products PCL'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*33.81312+1836.779*0.8)/4717.431
=0.38

* 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.


Thai-German Products PCL  (BKK:TGPRO) 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.

Thai-German Products PCL's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=0.12/0.37972701475794
=0.32

* 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.


Thai-German Products PCL Intrinsic Value: Projected FCF Related Terms

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Thai-German Products PCL (BKK:TGPRO) Business Description

Traded in Other Exchanges
N/A
Address
99 Huaypong-Nongbon Road, Tambol Huaypong, Amphur Muang, Rayong, THA, 21150
Thai-German Products PCL is a Thailand based company engaged in the business of manufacturing and distribution of stainless steel products such as pipe, axle, and other equipment, under trademark by TGPRO. It has three operating segments: the Stainless and service selling segment, which is the key revenue driver, includes steel pipes, steel sheets, steel shafts, and steel fittings; the Stereo sales segment sells stereo equipment, telephone equipment, and spare parts; an agriculture selling segment includes vegetables and seed. It sells its product in Thailand and other countries, of which a majority of the revenue is generated from the Thailand market.

Thai-German Products PCL (BKK:TGPRO) Headlines

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