GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Harbin Bank Co Ltd (HKSE:06138) » Definitions » Intrinsic Value: Projected FCF

Harbin Bank Co (HKSE:06138) Intrinsic Value: Projected FCF : HK$19.93 (As of May. 04, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Harbin 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 (2024-05-04), Harbin Bank Co's Intrinsic Value: Projected FCF is HK$19.93. The stock price of Harbin Bank Co is HK$0.31. Therefore, Harbin Bank Co's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

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

HKSE:06138' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.01   Med: 0.1   Max: 0.29
Current: 0.02

During the past 12 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Harbin Bank Co was 0.29. The lowest was 0.01. And the median was 0.10.

HKSE:06138's Price-to-Projected-FCF is ranked better than
99.59% of 1216 companies
in the Banks industry
Industry Median: 0.44 vs HKSE:06138: 0.02

Harbin Bank Co Intrinsic Value: Projected FCF Historical Data

The historical data trend for Harbin 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.

Harbin Bank Co Intrinsic Value: Projected FCF Chart

Harbin 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 13.15 10.28 17.00 17.57 19.93

Harbin Bank 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 17.00 - 17.57 - 19.93

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

For the Banks - Regional subindustry, Harbin 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.


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

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

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



Harbin 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 Harbin Bank Co's Free Cash Flow(6 year avg) = HK$17,353.62.

Harbin 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*17353.623142857+67381.436*0.8)/10995.600
=19.93

* 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.


Harbin Bank Co  (HKSE:06138) 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.

Harbin 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
=0.31/19.927765886707
=0.02

* 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.


Harbin Bank Co Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Harbin Bank Co's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Harbin Bank Co (HKSE:06138) Business Description

Traded in Other Exchanges
N/A
Address
No. 888 Shangjiang Street, Daoli District, Harbin, CHN, 150010
Harbin Bank Co Ltd is a China-based company that operates a financial business throughout mainland China. The company's core businesses consist of the corporate banking business, which provides corporate customers with financial products and services, such as deposits, loans, settlement, clearing, and others; the retail banking business, which provides retail customers with financial products and services, such as deposits, bank cards, credit cards, personal loans, collateral loans, and personal wealth-management services; and the interbank financial business, which is involved in money market placements, investments, repurchasing, and foreign exchange transactions. The company generates over half of its revenue from the Heilongjiang province.

Harbin Bank Co (HKSE:06138) Headlines

No Headlines