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CIG Pannonia Life Insurance OJSC (BUD:CIGPANNONIA) Intrinsic Value: Projected FCF : Ft486.67 (As of Jun. 03, 2024)


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What is CIG Pannonia Life Insurance OJSC 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 (2024-06-03), CIG Pannonia Life Insurance OJSC's Intrinsic Value: Projected FCF is Ft486.67. The stock price of CIG Pannonia Life Insurance OJSC is Ft365.00. Therefore, CIG Pannonia Life Insurance OJSC's Price-to-Intrinsic-Value-Projected-FCF of today is 0.8.

The historical rank and industry rank for CIG Pannonia Life Insurance OJSC's Intrinsic Value: Projected FCF or its related term are showing as below:

BUD:CIGPANNONIA' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.43   Med: 1.08   Max: 2.01
Current: 0.75

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of CIG Pannonia Life Insurance OJSC was 2.01. The lowest was 0.43. And the median was 1.08.

BUD:CIGPANNONIA's Price-to-Projected-FCF is ranked worse than
54.41% of 397 companies
in the Insurance industry
Industry Median: 0.66 vs BUD:CIGPANNONIA: 0.75

CIG Pannonia Life Insurance OJSC Intrinsic Value: Projected FCF Historical Data

The historical data trend for CIG Pannonia Life Insurance OJSC'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.

CIG Pannonia Life Insurance OJSC Intrinsic Value: Projected FCF Chart

CIG Pannonia Life Insurance OJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 358.47 325.23 309.80 359.40 330.42

CIG Pannonia Life Insurance OJSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 325.19 330.42 465.37 415.52 486.67

Competitive Comparison of CIG Pannonia Life Insurance OJSC's Intrinsic Value: Projected FCF

For the Insurance - Life subindustry, CIG Pannonia Life Insurance OJSC'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.


CIG Pannonia Life Insurance OJSC's Price-to-Projected-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, CIG Pannonia Life Insurance OJSC's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where CIG Pannonia Life Insurance OJSC's Price-to-Projected-FCF falls into.



CIG Pannonia Life Insurance OJSC 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 CIG Pannonia Life Insurance OJSC's Free Cash Flow(6 year avg) = Ft3,040.35.

CIG Pannonia Life Insurance OJSC'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 (Sep23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*3040.35248+20974*0.8)/93.954
=486.67

* 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.


CIG Pannonia Life Insurance OJSC  (BUD:CIGPANNONIA) 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.

CIG Pannonia Life Insurance OJSC's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=365.00/486.66820556084
=0.75

* 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.


CIG Pannonia Life Insurance OJSC Intrinsic Value: Projected FCF Related Terms

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CIG Pannonia Life Insurance OJSC (BUD:CIGPANNONIA) Business Description

Traded in Other Exchanges
Address
11 Könyves Kálmán Krt, Building B, Népliget Center Business Center, Budapest, HUN, 1097
CIG Pannonia Life Insurance OJSC is an insurance company. It mainly sells various insurance products including unit-linked life insurance, term life insurance, endowment insurance, health insurance, casco, freight liability and suretyship insurance and also offers investment fund management and portfolio management. The company carries its activities in Hungary, Romania, Slovakia, Poland, Lithuania, and Italy. In addition, the company sells riders and non-life insurance products.

CIG Pannonia Life Insurance OJSC (BUD:CIGPANNONIA) Headlines

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