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Zhongyuan Bank Co (HKSE:01216) Intrinsic Value: Projected FCF : HK$6.09 (As of May. 14, 2024)


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What is Zhongyuan Bank 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), Zhongyuan Bank Co's Intrinsic Value: Projected FCF is HK$6.09. The stock price of Zhongyuan Bank Co is HK$0.34. Therefore, Zhongyuan Bank Co's Price-to-Intrinsic-Value-Projected-FCF of today is 0.1.

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

HKSE:01216' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.05   Med: 0.06   Max: 0.06
Current: 0.06

During the past 10 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Zhongyuan Bank Co was 0.06. The lowest was 0.05. And the median was 0.06.

HKSE:01216's Price-to-Projected-FCF is ranked better than
97.47% of 1223 companies
in the Banks industry
Industry Median: 0.45 vs HKSE:01216: 0.06

Zhongyuan Bank Co Intrinsic Value: Projected FCF Historical Data

The historical data trend for Zhongyuan Bank 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.

Zhongyuan Bank Co Intrinsic Value: Projected FCF Chart

Zhongyuan Bank 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 - 17.54 13.90 10.05 6.09

Zhongyuan Bank Co Semi-Annual Data
Dec14 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 13.90 - 10.05 - 6.09

Competitive Comparison of Zhongyuan Bank Co's Intrinsic Value: Projected FCF

For the Banks - Regional subindustry, Zhongyuan Bank 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.


Zhongyuan Bank Co's Price-to-Projected-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Zhongyuan Bank Co's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Zhongyuan Bank Co's Price-to-Projected-FCF falls into.



Zhongyuan Bank 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 Zhongyuan Bank Co's Free Cash Flow(6 year avg) = HK$14,883.00.

Zhongyuan Bank 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*14883.004714286+101179.554*0.8)/36549.823
=6.09

* 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.


Zhongyuan Bank Co  (HKSE:01216) 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.

Zhongyuan Bank 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
=0.34/6.0912765811315
=0.06

* 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.


Zhongyuan Bank Co Intrinsic Value: Projected FCF Related Terms

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Zhongyuan Bank Co (HKSE:01216) Business Description

Traded in Other Exchanges
Address
No. 23 Shangwu Waihuan Road, Zhongke Golden Tower, Zhengdong New District CBD, Henan Province, Zhengzhou, CHN
Zhongyuan Bank Co Ltd is engaged in the provision of corporate banking services. The business segments of the company are the Corporate banking segment, which represents the provision of a range of financial products and services to corporations, government agencies and financial institutions. The retail banking segment represents the provision of a range of financial products and services to retail customers. The financial markets business segment covers the Group's financial markets business operations. The financial markets business enters into inter-bank money market transactions, repurchases transactions and investments. Other segments represent assets, liabilities, income and expenses which cannot be directly attributable or cannot be allocated to a segment on a reasonable basis.

Zhongyuan Bank Co (HKSE:01216) Headlines

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