Texhong Textile Group Ltd
HKEX:2678
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P/FCFE
Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.
Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.
Valuation Scenarios
If P/FCFE returns to its Industry Average (21.4), the stock would be worth HK$-2.96 (142% downside from current price).
| Scenario | P/FCFE Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | -51.2 | HK$7.08 |
0%
|
| Industry Average | 21.4 | HK$-2.96 |
-142%
|
| Country Average | 13.9 | HK$-1.92 |
-127%
|
Forward P/FCFE
Today’s price vs future free cash flow to equity
Peer Comparison
| Market Cap | P/FCFE | P/E | ||||
|---|---|---|---|---|---|---|
| HK |
T
|
Texhong Textile Group Ltd
HKEX:2678
|
6.5B HKD | -51.2 | 6.2 | |
| HK |
C
|
Cecep Costin New Materials Group Ltd
HKEX:2228
|
41B HKD | 4 702.6 | 288.5 | |
| CN |
H
|
Hmt Xiamen New Technical Materials Co Ltd
SSE:603306
|
33.4B CNY | 57.5 | 134.7 | |
| CN |
S
|
Shijiazhuang ChangShan BeiMing Technology Co Ltd
SZSE:000158
|
27.5B CNY | -24.9 | 822.1 | |
| IN |
S
|
Spentex Industries Ltd
NSE:SPENTEX
|
291.1B INR | -2 526 | -72 690.1 | |
| TW |
|
Eclat Textile Co Ltd
TWSE:1476
|
91.8B TWD | 15.5 | 16.6 | |
| IN |
|
Sumeet Industries Ltd
NSE:SUMEETINDS
|
260B INR | -1 227.8 | 274.9 | |
| CN |
D
|
Deyun Holding Ltd
HKEX:1440
|
19.8B HKD | 225.7 | -175.4 | |
| CN |
W
|
Weiqiao Textile Co Ltd
HKEX:2698
|
17.9B HKD | -13.7 | -11.1 | |
| UK |
|
Coats Group PLC
LSE:COA
|
1.6B GBP | 6.1 | 21 | |
| CN |
|
Bros Eastern Co Ltd
SSE:601339
|
13.9B CNY | -46.9 | 25.5 |
Market Distribution
| Min | 0.3 |
| 30th Percentile | 7.1 |
| Median | 13.9 |
| 70th Percentile | 22.8 |
| Max | 11 983 |
Other Multiples
Texhong Textile Group Ltd
Glance View
Texhong Textile Group Ltd. operates as an investment holding company, which engages in the manufacturing and distribution of yarn, grey fabrics and garment fabrics. The company employs 33,639 full-time employees The company went IPO on 2004-12-09. The firm operates in three main geographical areas, Mainland China, Vietnam and Macao. Through its subsidiaries, the Company is also engaged in the manufacturing and sales of dyed cloth and the processing of cotton in Mainland China.
