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Yangtzekiang Garment (HKSE:00294) Intrinsic Value: Projected FCF : HK$4.27 (As of Oct. 09, 2024)


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What is Yangtzekiang Garment 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 (2024-10-09), Yangtzekiang Garment's Intrinsic Value: Projected FCF is HK$4.27. The stock price of Yangtzekiang Garment is HK$1.04. Therefore, Yangtzekiang Garment's Price-to-Intrinsic-Value-Projected-FCF of today is 0.2.

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

HKSE:00294' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.24   Med: 0.49   Max: 0.56
Current: 0.24

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Yangtzekiang Garment was 0.56. The lowest was 0.24. And the median was 0.49.

HKSE:00294's Price-to-Projected-FCF is ranked better than
93.74% of 783 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.97 vs HKSE:00294: 0.24

Yangtzekiang Garment Intrinsic Value: Projected FCF Historical Data

The historical data trend for Yangtzekiang Garment'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.

Yangtzekiang Garment Intrinsic Value: Projected FCF Chart

Yangtzekiang Garment Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.57 4.48 4.65 4.58 4.27

Yangtzekiang Garment Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 4.65 - 4.58 - 4.27

Competitive Comparison of Yangtzekiang Garment's Intrinsic Value: Projected FCF

For the Apparel Manufacturing subindustry, Yangtzekiang Garment'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.


Yangtzekiang Garment's Price-to-Projected-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yangtzekiang Garment's Price-to-Projected-FCF distribution charts can be found below:

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



Yangtzekiang Garment 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 Yangtzekiang Garment's Free Cash Flow(6 year avg) = HK$6.72.

Yangtzekiang Garment'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 (Mar24)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*6.7214285714286+1023.188*0.8)/206.748
=4.27

* 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.


Yangtzekiang Garment  (HKSE:00294) 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.

Yangtzekiang Garment's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=1.04/4.2686786001662
=0.24

* 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.


Yangtzekiang Garment Intrinsic Value: Projected FCF Related Terms

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Yangtzekiang Garment Business Description

Traded in Other Exchanges
N/A
Address
22 Tai Yau Street, San Po Kong, Kowloon, Hong Kong, HKG
Yangtzekiang Garment Ltd is a Hong Kong-based company principally engaged in garment and property businesses. The company operates through three segments. Manufacture and sale of garments and textiles segment which generates revenue. This segment also covers the provision of garment processing services. Interests in the joint ventures segment are engaged in the manufacture and sales of textile yarn products through its joint ventures. The property leasing segment is engaged in the leasing of commercial and industrial properties. It generates the majority of its revenue from the European region.
Executives
Chan Wing Sun 2101 Beneficial owner
Chan Wing Fui Peter 2101 Beneficial owner

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