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CPMC Holdings (HKSE:00906) Intrinsic Value: Projected FCF : HK$4.75 (As of May. 05, 2024)


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What is CPMC Holdings 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 (2024-05-05), CPMC Holdings's Intrinsic Value: Projected FCF is HK$4.75. The stock price of CPMC Holdings is HK$6.72. Therefore, CPMC Holdings's Price-to-Intrinsic-Value-Projected-FCF of today is 1.4.

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

HKSE:00906' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.91   Med: 1.91   Max: 21
Current: 1.42

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of CPMC Holdings was 21.00. The lowest was 0.91. And the median was 1.91.

HKSE:00906's Price-to-Projected-FCF is ranked worse than
65.17% of 290 companies
in the Packaging & Containers industry
Industry Median: 0.985 vs HKSE:00906: 1.42

CPMC Holdings Intrinsic Value: Projected FCF Historical Data

The historical data trend for CPMC Holdings'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.

CPMC Holdings Intrinsic Value: Projected FCF Chart

CPMC Holdings 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 2.59 3.93 4.77 4.01 4.75

CPMC Holdings 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 4.77 - 4.01 - 4.75

Competitive Comparison of CPMC Holdings's Intrinsic Value: Projected FCF

For the Packaging & Containers subindustry, CPMC Holdings'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.


CPMC Holdings's Price-to-Projected-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, CPMC Holdings's Price-to-Projected-FCF distribution charts can be found below:

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



CPMC Holdings 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 CPMC Holdings's Free Cash Flow(6 year avg) = HK$30.29.

CPMC Holdings'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)
=(14.26395753773*30.294714285714+6076.189*0.8)/1113.423
=4.75

* 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.


CPMC Holdings  (HKSE:00906) 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.

CPMC Holdings's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=6.72/4.7538749587435
=1.41

* 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.


CPMC Holdings Intrinsic Value: Projected FCF Related Terms

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CPMC Holdings (HKSE:00906) Business Description

Traded in Other Exchanges
Address
No. 160, Weiken Street, Hangzhou Economic and Technical Development Zone, Zhejiang Province, Hangzhou, CHN, 310018
CPMC Holdings Ltd is an investment holding company engaged in the manufacturing and sales of packaging products used for consumer goods such as food, beverages, and household chemical products. The company operates in three segments; Tinplate packaging includes tinplate packaging products, which include, milk powder cans, aerosol cans, metal caps, steel barrels, and other metal packaging, Aluminum packaging includes aluminum packaging products of two-piece beverage cans and one-piece bottles, and Plastic packaging includes plastic packaging products used for milk bottles, shampoo bottles, plastic devices of electronic products, daily use hardware, package printing, sports drink bottles, and related plastic-made products.

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