Tan Chong International Ltd
HKEX:693

Watchlist Manager
Tan Chong International Ltd Logo
Tan Chong International Ltd
HKEX:693
Watchlist
Price: 1.58 HKD Market Closed
Market Cap: HK$3.2B

P/FCFE

3.7
Current
4%
More Expensive
vs 3-y average of 3.6

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.

P/FCFE
3.7
=
Market Cap
HK$3.1B
/
Free Cash Flow to Equity
HK$856.6m

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.

P/FCFE
3.7
=
Market Cap
HK$3.1B
/
Free Cash Flow to Equity
HK$856.6m

Valuation Scenarios

Tan Chong International Ltd is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (3.6), the stock would be worth HK$1.52 (4% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-18%
Maximum Upside
+273%
Average Upside
68%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 3.7 HK$1.58
0%
3-Year Average 3.6 HK$1.52
-4%
5-Year Average 3.1 HK$1.3
-18%
Industry Average 4.5 HK$1.9
+20%
Country Average 13.9 HK$5.9
+273%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close

Market Distribution

Lower than 84% of companies in Hong Kong
Percentile
16th
Based on 1 043 companies
16th percentile
3.7
Low
0.3 — 7.1
Typical Range
7.1 — 22.8
High
22.8 —
Distribution Statistics
Hong Kong
Min 0.3
30th Percentile 7.1
Median 13.9
70th Percentile 22.8
Max 11 983

Tan Chong International Ltd
Glance View

Market Cap
3.2B HKD
Industry
Distributors

Tan Chong International Ltd. operates as an investment holding company, which engages in the distribution of motor vehicles and industrial equipment. The firm operates through five segments. The Motor Vehicle Distribution and Dealership Business segment is engaged in the distribution of Nissan passenger cars and light commercial vehicles and Subaru passenger cars. The Heavy Commercial Vehicle and Industrial Equipment segment is engaged in the distribution of heavy commercial vehicles and industrial equipment. The Property Rentals and Development segment is mainly engaged in the rental and development of properties in Singapore and Hong Kong. The Transportation segment is mainly engaged in the provision of vehicle logistics services to vehicle manufacturers in Japan, and also provides human resource management service in relation to transportation business in Japan. The Other Operations segment is engaged in investment holding, the provision of workshop services and the manufacture of vehicle seats.

Intrinsic Value
3.61 HKD
Undervaluation 56%
Intrinsic Value
Price HK$1.58
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett