Average Intrinsic Value
50.70B USD
Market Cap
21.19B USD
Margin of Safety
58.2%
Intrinsic / Market Ratio
2.39×
Projections, not exact values. Intrinsic Values are projected from each company's past reports. They show which stocks look cheap compared with the others, not exactly what a stock is worth.
How Each Value Is Built
The screener's three formulas on the reported figures. Each card reads the same way: the value as a sum of numbered terms, each term's calculation opened under it, from the reported figures to the value. The list ranks companies by their plain average over the market cap.
EPV + Growth
49.09B USD
what the normal year's earnings are worth for ever, plus growth that pays
Profit
47.63B USD
15 years of cash the shareholders can take out, and the equity left at year 15
FCFF
55.37B USD
15 years of cash for shareholders and lenders, less what is owed
Intrinsic Value
50.70B USD
the plain average of the three, uncapped, as the screener averages them
Intrinsic Value
50.70B USD
from the sum above
Market Cap
21.19B USD
the price on the date above times the shares
Intrinsic Value ÷ Market Cap
2.39×
the ratio the screener ranks by; Margin of Safety +58.2% (1 − Market Cap ÷ Intrinsic Value)
Each card below builds one of the three values from the reported years.
EPV of the Operations (NOPAT over WACC)
42.30B USD
Net cash today
+6.79B USD
Growth Value
0 USD
Value
49.09B USD
①EPV (earnings power value)
42.30B USD②Net Cash Today
6.79B USD③Growth Value
0 USDMarket value
The price on the date above times the shares.
Value vs market
1 minus the market cap as a share of the value.
①Present Value of the 15 Years of FCFE
21.89B USD②Equity at Year 15, Today
25.74B USDMarket value
The price on the date above times the shares.
Value vs market
1 minus the market cap as a share of the value.
The projection was not made (a change in working capital above half the operating profit in the latest three years), so the value is the book value today, 55.37B USD, as the screener leaves it.
①Present Value of the 15 Years of FCFF
Not in the value②Invested Capital at Year 15, Today
Not in the value③Net Cash Today
Not in the valueMarket value
The price on the date above times the shares.
Value vs market
1 minus the market cap as a share of the value.
The Rates and the Capital the Values Read
The WACC and the cost of equity each value is discounted at, the book value and the net debt each starts from, and the seven quality metrics, from the same run.
The yearly return the shareholders require for the risk they carry; it is the rate that brings their future cash to today.
The tax the interest saves.
The interest the company paid: EBIT is the profit before tax plus the interest.
What the lenders are paid a year after the tax the interest saves.
The part of the capital the lenders put in, at market value.
Weighted average cost of capital: the yearly return the shareholders and the lenders together require, weighted by what each puts in; the rate that brings the firm's future cash to today.
Total Assets 99.62B USD − Total Liabilities 44.25B USD = Book Value Today 55.37B USD
Total Debt 4.62B USD − Cash and Short-Term Investments 11.41B USD = Net Debt Today -6.79B USD
The book value is what Profit starts from and what stands when a projection is not made; the book value plus the net debt is what FCFF starts from; the net debt comes off Greenwald's and FCFF's values before the shareholders.
Market Data
The provider's ratios and the analysts' consensus beside the argument; none of them enters a value.
Share price
5.43 HKD
Enterprise value
121.00B HKD
the provider's own figure
EV / EBITDA
1.64×
Price / book
0.38×
the provider's book
Price / earnings
9.04×
Return on equity
4.2%
the provider's figure, not this page's
Profit margin
4.0%
Revenue growth
1.7%
Analyst target, mean
7.85 HKD
Analysts
13
opinions in the consensus
Financial Statements
The annual lines the screener holds, year by year, in USD at each period's rate; the figures this valuation read are in its calculation above.