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Vinci Shopping Centers Fundo Investimento Imobiliario-FII (BSP:VISC11) Intrinsic Value: Projected FCF : R$183.98 (As of May. 25, 2024)


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What is Vinci Shopping Centers Fundo Investimento Imobiliario-FII 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 (2024-05-25), Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Intrinsic Value: Projected FCF is R$183.98. The stock price of Vinci Shopping Centers Fundo Investimento Imobiliario-FII is R$121.70. Therefore, Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Price-to-Intrinsic-Value-Projected-FCF of today is 0.7.

The historical rank and industry rank for Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Intrinsic Value: Projected FCF or its related term are showing as below:

BSP:VISC11' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.66   Med: 0.74   Max: 0.8
Current: 0.66

During the past 8 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Vinci Shopping Centers Fundo Investimento Imobiliario-FII was 0.80. The lowest was 0.66. And the median was 0.74.

BSP:VISC11's Price-to-Projected-FCF is ranked better than
50.46% of 547 companies
in the REITs industry
Industry Median: 0.66 vs BSP:VISC11: 0.66

Vinci Shopping Centers Fundo Investimento Imobiliario-FII Intrinsic Value: Projected FCF Historical Data

The historical data trend for Vinci Shopping Centers Fundo Investimento Imobiliario-FII'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.

Vinci Shopping Centers Fundo Investimento Imobiliario-FII Intrinsic Value: Projected FCF Chart

Vinci Shopping Centers Fundo Investimento Imobiliario-FII Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial - - - 132.16 183.98

Vinci Shopping Centers Fundo Investimento Imobiliario-FII Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF Get a 7-Day Free Trial - - - 132.16 183.98

Competitive Comparison of Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Intrinsic Value: Projected FCF

For the REIT - Retail subindustry, Vinci Shopping Centers Fundo Investimento Imobiliario-FII'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.


Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Price-to-Projected-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Price-to-Projected-FCF falls into.



Vinci Shopping Centers Fundo Investimento Imobiliario-FII 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)



Vinci Shopping Centers Fundo Investimento Imobiliario-FII  (BSP:VISC11) 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.

Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=121.70/
=

* 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.


Vinci Shopping Centers Fundo Investimento Imobiliario-FII Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Vinci Shopping Centers Fundo Investimento Imobiliario-FII (BSP:VISC11) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Bartolomeu Mitre, 336, Leblon, Rio de Janeiro, RJ, BRA, 22431-002
Vinci Shopping Centers Fundo Investimento Imobiliario-FII is a real estate investment trust. The company invests in real estate properties of shopping centers and / or related, such as strip malls, outlet centers, among others. The objective of the Fund is to obtain income through the investment of resources, predominantly in real estate, as well as in any real rights over real estate or, even, through indirect investment in real estate through the acquisition of real estate assets.

Vinci Shopping Centers Fundo Investimento Imobiliario-FII (BSP:VISC11) Headlines

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