First Pacific Co Ltd
OTC:FPAFF

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First Pacific Co Ltd
OTC:FPAFF
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Price: 0.72 USD Market Closed
Market Cap: $3.1B

P/FCFE

7.1
Current
99%
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
7.1
=
Market Cap
$23B
/
Free Cash Flow to Equity
$418.4m

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
7.1
=
Market Cap
$23B
/
Free Cash Flow to Equity
$418.4m

Valuation Scenarios

First Pacific Co Ltd is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (3.6), the stock would be worth $0.36 (50% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-63%
Maximum Upside
+126%
Average Upside
27%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 7.1 $0.72
0%
3-Year Average 3.6 $0.36
-50%
5-Year Average 2.6 $0.26
-63%
Industry Average 16.1 $1.63
+126%
Country Average 13.9 $1.4
+94%

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
HK
First Pacific Co Ltd
OTC:FPAFF
23.4B USD 7.1 4.5
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY -621 880.5 540 752.8
CH
Nestle SA
SIX:NESN
203.3B CHF 28.5 22.5
US
Mondelez International Inc
NASDAQ:MDLZ
78.7B USD 15.9 32.1
FR
Danone SA
PAR:BN
42.7B EUR 15.3 23.5
ZA
Tiger Brands Ltd
JSE:TBS
47.6B ZAR 347.5 12.5
US
Hershey Co
NYSE:HSY
37B USD 19.6 41.9
CN
Muyuan Foods Co Ltd
SZSE:002714
244.2B CNY -46.5 25
ZA
Avi Ltd
JSE:AVI
33.1B ZAR 16.6 12.8
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
225.7B CNY 35.9 32.1
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.2B CHF 198.9 31.9

Market Distribution

Lower than 97% of companies in Hong Kong
Percentile
3rd
Based on 1 043 companies
3rd percentile
0.9
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

First Pacific Co Ltd
Glance View

Market Cap
3.1B USD
Industry
Food Products

First Pacific Co Ltd is an investment management and holding company that sits at the crossroads of Asian commerce, meticulously weaving a tapestry of diverse business interests across the region. Established in 1981 and headquartered in Hong Kong, First Pacific has strategically positioned itself across several key sectors including telecommunications, consumer food products, infrastructure, and natural resources. The company operates primarily through its significant stakes in a network of leading companies like PLDT Inc., a telecommunications giant, Indofood, a major player in the consumer food products industry, and Metro Pacific Investments, which manages infrastructure such as water, power, and health care. This diversified portfolio allows First Pacific to capture opportunities in rapidly growing markets while managing risk through sectoral and geographical diversity. The company's business model hinges on its ability to generate steady cash flows from its operating units and continuously seek restructuring and optimization of its portfolio. By maintaining significant control over its investments, First Pacific not only influences strategic direction but also ensures the proficiency of operation management. For example, Indofood benefits from economies of scale in its extensive distribution network in Indonesia, translating raw agricultural products into widespread consumer favorites. Meanwhile, its telecommunications interests, via PLDT, tap into the ever-expanding digital needs of the Southeast Asian market. This multilayered approach allows First Pacific to capitalize sustainably on cash-generating businesses while sifting through new ventures poised for growth, thereby ensuring a cycle of continual reinvestment and value creation for its stakeholders.

FPAFF Intrinsic Value
3.07 USD
Undervaluation 77%
Intrinsic Value
Price $0.72
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