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Hitek Global Inc
NASDAQ:HKIT

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Hitek Global Inc
NASDAQ:HKIT
Watchlist
Price: 0.8422 USD -0.92% Market Closed
Market Cap: $7.3m

P/FCFE

-25.1
Current
97%
Cheaper
vs 3-y average of -719.5

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
-25.1
=
Market Cap
$8.6m
/
Free Cash Flow to Equity
$-289.6k

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
-25.1
=
Market Cap
$8.6m
/
Free Cash Flow to Equity
$-289.6k

Valuation Scenarios

Hitek Global Inc is trading above its industry average

If P/FCFE returns to its Industry Average (61), the stock would be worth $-2.05 (343% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-343%
Maximum Upside
No Upside Scenarios
Average Downside
274%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple -25.1 $0.84
0%
Industry Average 61 $-2.05
-343%
Country Average 26.4 $-0.89
-205%

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 Cap P/FCFE P/E
CN
Hitek Global Inc
NASDAQ:HKIT
7.3m USD -25.1 -4
US
International Business Machines Corp
NYSE:IBM
213B USD 17 19.8
JP
BrainPad Inc
TSE:3655
20.9T JPY 48.9 551.4
IE
Accenture PLC
NYSE:ACN
110.9B USD 9 14.5
IN
Tata Consultancy Services Ltd
NSE:TCS
8.8T INR 20.3 18.5
IN
Infosys Ltd
NSE:INFY
4.7T INR 16.7 17.2
JP
Fujitsu Ltd
TSE:6702
6.5T JPY -209.5 13.6
JP
NEC Corp
TSE:6701
5.9T JPY 52.9 24.1
JP
NTT Data Group Corp
DUS:NT5
30.3B EUR -121.6 38.8
JP
NTT Data Corp
TSE:9613
5.6T JPY -122.5 39.1
IN
HCL Technologies Ltd
NSE:HCLTECH
3.2T INR 22.9 20

Market Distribution

Lower than 100% of companies in China
Percentile
0th
Based on 5 086 companies
0th percentile
-25.1
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

Hitek Global Inc
Glance View

Market Cap
7.3m USD
Industry
Technology

Hitek Global, Inc. is a holding company, which engages in the provision of information technology consulting and solutions. The company is headquartered in Xiamen, Fujian and currently employs 60 full-time employees. The company went IPO on 2021-07-21. The firm has two lines of businesses, including services to small and medium businesses (SMEs) and services to large businesses. The firm's services to small and medium businesses mainly include providing customers with the necessary ACTCS for their value added tax (VAT) reporting, collection and processing. The firm's services provided to large businesses mainly include sales of communication interface system, its self-developed software which provides embedded system interface solutions, as well as laptops, printers, desktop computers and associated accessories, together with certain internet servers, cameras and monitors..

HKIT Intrinsic Value
3.1842 USD
Undervaluation 74%
Intrinsic Value
Price $0.8422
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