GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hong Kong Ferry (Holdings) Co Ltd (HKSE:00050) » Definitions » Intrinsic Value: Projected FCF

Hong Kong Ferry (Holdings) Co (HKSE:00050) Intrinsic Value: Projected FCF : HK$14.44 (As of May. 14, 2024)


View and export this data going back to 1921. Start your Free Trial

What is Hong Kong Ferry (Holdings) 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 (2024-05-14), Hong Kong Ferry (Holdings) Co's Intrinsic Value: Projected FCF is HK$14.44. The stock price of Hong Kong Ferry (Holdings) Co is HK$4.40. Therefore, Hong Kong Ferry (Holdings) Co's Price-to-Intrinsic-Value-Projected-FCF of today is 0.3.

The historical rank and industry rank for Hong Kong Ferry (Holdings) Co's Intrinsic Value: Projected FCF or its related term are showing as below:

HKSE:00050' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.3   Med: 0.38   Max: 0.57
Current: 0.3

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Hong Kong Ferry (Holdings) Co was 0.57. The lowest was 0.30. And the median was 0.38.

HKSE:00050's Price-to-Projected-FCF is ranked better than
76.65% of 1272 companies
in the Real Estate industry
Industry Median: 0.64 vs HKSE:00050: 0.30

Hong Kong Ferry (Holdings) Co Intrinsic Value: Projected FCF Historical Data

The historical data trend for Hong Kong Ferry (Holdings) 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.

Hong Kong Ferry (Holdings) Co Intrinsic Value: Projected FCF Chart

Hong Kong Ferry (Holdings) 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 22.20 19.28 14.70 13.99 14.44

Hong Kong Ferry (Holdings) Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 14.70 - 13.99 - 14.44

Competitive Comparison of Hong Kong Ferry (Holdings) Co's Intrinsic Value: Projected FCF

For the Real Estate - Diversified subindustry, Hong Kong Ferry (Holdings) 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.


Hong Kong Ferry (Holdings) Co's Price-to-Projected-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hong Kong Ferry (Holdings) Co's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Hong Kong Ferry (Holdings) Co's Price-to-Projected-FCF falls into.



Hong Kong Ferry (Holdings) 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 Hong Kong Ferry (Holdings) Co's Free Cash Flow(6 year avg) = HK$-45.54.

Hong Kong Ferry (Holdings) 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 (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-45.540428571429+6970.577*0.8)/356.274
=14.44

* 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.


Hong Kong Ferry (Holdings) Co  (HKSE:00050) 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.

Hong Kong Ferry (Holdings) 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
=4.40/14.43524003483
=0.30

* 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.


Hong Kong Ferry (Holdings) Co Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Hong Kong Ferry (Holdings) Co's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Hong Kong Ferry (Holdings) Co (HKSE:00050) Business Description

Traded in Other Exchanges
N/A
Address
98 Tam Kon Shan Road, TYTL 102, Ngau Kok Wan, North Tsing Yi, New Territories, Hong Kong, HKG, TYTL 102
Hong Kong Ferry (Holdings) Co Ltd is an investment holding company. It operates through four segments comprising Property development including the development and sale of properties; Property investment including rental income from the leasing of properties; Ferry, shipyard and related operations including income from the operation of dangerous goods vehicular ferry service and ship repairs and maintenance services and sales of goods on cruise vessels; and Securities investment segment which includes dividend, interest and other income from debt and equity securities investments. It derives a majority of the revenue from the Property investment segment. All of the group's revenue and profit from operations were derived from activities in Hong Kong.

Hong Kong Ferry (Holdings) Co (HKSE:00050) Headlines

No Headlines