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Smoore International Holdings Ltd
HKEX:6969

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Smoore International Holdings Ltd
HKEX:6969
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Price: 9.34 HKD -1.68% Market Closed
Market Cap: HK$57.9B

P/FCFE

-16.8
Current
4%
Cheaper
vs 3-y average of -17.4

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
-16.8
=
Market Cap
HK$60.1B
/
Free Cash Flow to Equity
¥-3B

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
-16.8
=
Market Cap
HK$60.1B
/
Free Cash Flow to Equity
¥-3B

Valuation Scenarios

Smoore International Holdings Ltd is trading above its 5-year average

If P/FCFE returns to its 5-Year Average (20.6), the stock would be worth HK$-11.45 (223% downside from current price).

Statistics
Positive Scenarios
0/3
Maximum Downside
-257%
Maximum Upside
No Upside Scenarios
Average Downside
224%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple -16.8 HK$9.34
0%
5-Year Average 20.6 HK$-11.45
-223%
Industry Average 15.2 HK$-8.46
-191%
Country Average 26.4 HK$-14.7
-257%

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 100% of companies in China
Percentile
0th
Based on 5 086 companies
0th percentile
-16.8
Low
0.2 — 13.7
Typical Range
13.7 — 52.8
High
52.8 —
Distribution Statistics
China
Min 0.2
30th Percentile 13.7
Median 26.4
70th Percentile 52.8
Max 2 279 450.9

Smoore International Holdings Ltd
Glance View

Market Cap
57.9B HKD
Industry
Tobacco

Smoore International Holdings Ltd. is a giant in the e-cigarette and vaping industry, hailing from the bustling innovation hub of Shenzhen, China. Founded in 2009, Smoore has skillfully navigated the evolving landscape of nicotine consumption by providing advanced technology and high-quality products for a global audience. Unlike traditional tobacco companies, Smoore focuses on the design, research, and development of vaping devices and components. Their flagship brands, such as FEELM and VAPORESSO, leverage cutting-edge ceramic coil technology and other patented innovations to deliver smoother, more satisfying experiences for users. This technological edge grants them a pivotal position within the global supply chains of both independent vape brands and large tobacco companies seeking to diversify into reduced-risk products. The core of Smoore's business model rests on its ability to make substantial inroads into international markets, most notably in North America, Europe, and Asia Pacific. Delivering OEM and ODM services for a plethora of brands, Smoore ensures a steady stream of revenue by playing a silent but indispensable role in the products consumers may not even know originate from their factories. In addition, the company invests heavily in R&D, maintaining a relentless pursuit for perfection that continues to set industry standards. Their omni-channel approach not only covers consumer vaping products but also extends into medical and healthcare devices, embedding themselves further in key industries. This diversified approach, alongside a robust manufacturing capability and strategic global partnerships, has enabled Smoore to thrive financially and operationally in an environment where regulation and consumer preference continue to morph.

Intrinsic Value
13.58 HKD
Undervaluation 31%
Intrinsic Value
Price HK$9.34
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