GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Jinshang Bank Co Ltd (HKSE:02558) » Definitions » Intrinsic Value: Projected FCF

Jinshang Bank Co (HKSE:02558) Intrinsic Value: Projected FCF : HK$6.52 (As of May. 02, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Jinshang 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 (2024-05-02), Jinshang Bank Co's Intrinsic Value: Projected FCF is HK$6.52. The stock price of Jinshang Bank Co is HK$1.45. Therefore, Jinshang Bank Co's Price-to-Intrinsic-Value-Projected-FCF of today is 0.2.

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

HKSE:02558' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.21   Med: 0.22   Max: 0.22
Current: 0.22

During the past 8 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Jinshang Bank Co was 0.22. The lowest was 0.21. And the median was 0.22.

HKSE:02558's Price-to-Projected-FCF is ranked better than
79.36% of 1211 companies
in the Banks industry
Industry Median: 0.44 vs HKSE:02558: 0.22

Jinshang Bank Co Intrinsic Value: Projected FCF Historical Data

The historical data trend for Jinshang 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.

Jinshang Bank Co Intrinsic Value: Projected FCF Chart

Jinshang Bank Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial - - - 5.06 6.52

Jinshang Bank Co Semi-Annual Data
Dec16 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 - - 5.06 - 6.52

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

For the Banks - Regional subindustry, Jinshang 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.


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

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

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



Jinshang 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 Jinshang Bank Co's Free Cash Flow(6 year avg) = HK$1,693.61.

Jinshang 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)
=(9.6517283697394*1693.6078571429+27122.018*0.8)/5838.650
=6.52

* 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.


Jinshang Bank Co  (HKSE:02558) 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.

Jinshang 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
=1.45/6.5158653801819
=0.22

* 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.


Jinshang Bank Co Intrinsic Value: Projected FCF Related Terms

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


Jinshang Bank Co (HKSE:02558) Business Description

Traded in Other Exchanges
N/A
Address
No. 59 Changfeng Street, Xiaodian District, Shanxi Province, Taiyuan, CHN, 030000
Jinshang Bank Co Ltd operates as a commercial bank. It offers deposits, loans, credit card, and other banking services. The bank's operating segments are Corporate banking, Retail banking, Treasury business, and others segment. It generates a majority of its revenue from the corporate banking segment which is engaged in the provision of a range of financial products and services to corporations, government agencies, and financial institutions. These products and services include corporate loans and advances, trade financing, deposit-taking activities, agency services, wealth management services, consulting and advisory services, remittance and settlement services and guarantee services among others.

Jinshang Bank Co (HKSE:02558) Headlines

No Headlines