GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Elgi Equipments Ltd (BOM:522074) » Definitions » Intrinsic Value: Projected FCF

Elgi Equipments (BOM:522074) Intrinsic Value: Projected FCF : ₹87.78 (As of Jun. 09, 2024)


View and export this data going back to 1905. Start your Free Trial

What is Elgi Equipments Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-06-09), Elgi Equipments's Intrinsic Value: Projected FCF is ₹87.78. The stock price of Elgi Equipments is ₹599.80. Therefore, Elgi Equipments's Price-to-Intrinsic-Value-Projected-FCF of today is 6.8.

The historical rank and industry rank for Elgi Equipments's Intrinsic Value: Projected FCF or its related term are showing as below:

BOM:522074' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.55   Med: 6.79   Max: 28.19
Current: 6.83

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Elgi Equipments was 28.19. The lowest was 1.55. And the median was 6.79.

BOM:522074's Price-to-Projected-FCF is ranked worse than
90.12% of 1913 companies
in the Industrial Products industry
Industry Median: 1.51 vs BOM:522074: 6.83

Elgi Equipments Intrinsic Value: Projected FCF Historical Data

The historical data trend for Elgi Equipments's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Elgi Equipments Intrinsic Value: Projected FCF Chart

Elgi Equipments Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.00 52.69 61.99 72.22 87.78

Elgi Equipments Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 72.22 - - - 87.78

Competitive Comparison of Elgi Equipments's Intrinsic Value: Projected FCF

For the Specialty Industrial Machinery subindustry, Elgi Equipments's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Elgi Equipments's Price-to-Projected-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Elgi Equipments's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Elgi Equipments's Price-to-Projected-FCF falls into.



Elgi Equipments Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Elgi Equipments's Free Cash Flow(6 year avg) = ₹1,000.96.

Elgi Equipments's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Mar24)*0.8)/Shares Outstanding (Diluted Average)
=(14.862653310476*1000.9614285714+16110.8*0.8)/316.300
=87.78

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Elgi Equipments  (BOM:522074) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Elgi Equipments's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=599.80/87.782430256136
=6.83

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Elgi Equipments Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Elgi Equipments's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Elgi Equipments (BOM:522074) Business Description

Traded in Other Exchanges
Address
Trichy Road, Elgi Industrial Complex III, Singanallur, Coimbatore, TN, IND, 641 005
Elgi Equipments Ltd manufactures air compressors and compressed air systems. The segment in which the group operates includes Air Compressors and Automotive Equipment. Its products include piston compressors, electric lubricated screw compressors, electric oil-free screw compressors, portable compressors, railway compressors and air accessories. Geographically, it derives a majority of its revenue is from India and also has a presence in the United States of America, Italy, Australia, and Other Countries. It serves Textiles; Manufacturing; Pharmaceutical; Agriculture and Mining. The company generates maximum revenue from the Air Compressors segment.

Elgi Equipments (BOM:522074) Headlines

No Headlines