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Shanghai Fullhan Microelectronics Co Ltd
SZSE:300613

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Shanghai Fullhan Microelectronics Co Ltd
SZSE:300613
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Price: 59.05 CNY -0.89% Market Closed
Market Cap: ¥13.7B

EV/FCFF

31.9
Current
22%
More Expensive
vs 3-y average of 26.3

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
31.9
=
Enterprise Value
¥8.8B
/
Free Cash Flow to Firm
¥384m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
31.9
=
Enterprise Value
¥8.8B
/
Free Cash Flow to Firm
¥384m

Valuation Scenarios

Shanghai Fullhan Microelectronics Co Ltd is trading above its 3-year average

If EV/FCFF returns to its 3-Year Average (26.3), the stock would be worth ¥48.59 (18% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-24%
Maximum Upside
+179%
Average Upside
32%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 31.9 ¥59.05
0%
3-Year Average 26.3 ¥48.59
-18%
5-Year Average 24.2 ¥44.69
-24%
Industry Average 89.1 ¥164.8
+179%
Country Average 28.8 ¥53.27
-10%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
CN
Shanghai Fullhan Microelectronics Co Ltd
SZSE:300613
13.7B CNY 31.9 94.7
US
NVIDIA Corp
NASDAQ:NVDA
4.9T USD 49.3 40.2
US
Broadcom Inc
NASDAQ:AVGO
2T USD 70.6 79.7
TW
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
55.4T TWD 50.4 29.3
US
Micron Technology Inc
NASDAQ:MU
583.4B USD 59.1 25.4
US
Advanced Micro Devices Inc
NASDAQ:AMD
577.8B USD 86 135.6
KR
SK Hynix Inc
KRX:000660
701.7T KRW 27.6 16.1
US
Intel Corp
NASDAQ:INTC
474.6B USD -163.9 -157.8
US
Texas Instruments Inc
NASDAQ:TXN
254.9B USD 71 47.9
UK
Arm Holdings PLC
NASDAQ:ARM
223.4B USD 230.7 279.8
US
Analog Devices Inc
NASDAQ:ADI
196.4B USD 43.4 71.7

Market Distribution

In line with most companies in China
Percentile
54rd
Based on 4 731 companies
54rd percentile
31.9
Low
0 — 14.5
Typical Range
14.5 — 57
High
57 —
Distribution Statistics
China
Min 0
30th Percentile 14.5
Median 28.8
70th Percentile 57
Max 307 555.7

Shanghai Fullhan Microelectronics Co Ltd
Glance View

Market Cap
13.7B CNY
Industry
Semiconductors

In the bustling epicenter of China's technology boom lies Shanghai Fullhan Microelectronics Co Ltd., a pivotal player carving out a significant niche in the semiconductor industry. Founded in 2004, Fullhan has steadily evolved into a formidable force in the realm of video surveillance, a market driven by the burgeoning demand for security and intelligence. Their core expertise is in developing application-specific integrated circuits (ASICs), which form the beating heart of various high-performance, low-power video processing devices. These semiconductors are primarily utilized in cameras and other surveillance technologies, where precision, reliability, and efficiency are paramount. Fullhan's focus on ASICs allows them to customize chip solutions tailored to the unique needs of their clients, positioning them as a bespoke service provider in a competitive market landscape. Revenue streams for Fullhan primarily flow from the sale of these cutting-edge chips to manufacturers of video surveillance products. They cater to a global clientele, which includes electronics companies that require state-of-the-art processing units for their security devices. By maintaining a robust R&D function, Fullhan continues to innovate, ensuring that their chipsets are not just current but are on the bleeding edge of technology trends, such as AI and IoT, which are increasingly integral to modern surveillance systems. This constant push for innovation helps Fullhan maintain its competitive edge and profitability in a field characterized by rapid technological advancement and intense competition. By striking a balance between customization and innovation, Shanghai Fullhan Microelectronics Co Ltd. has established itself as a linchpin in the semiconductor ecosystem, driving both growth and security on a global scale.

Intrinsic Value
41.11 CNY
Overvaluation 30%
Intrinsic Value
Price ¥59.05
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