GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ChampionX Corp (NAS:CHX) » Definitions » Intrinsic Value: Projected FCF

ChampionX (ChampionX) Intrinsic Value: Projected FCF : $19.64 (As of May. 07, 2024)


View and export this data going back to 2018. Start your Free Trial

What is ChampionX 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 (2024-05-07), ChampionX's Intrinsic Value: Projected FCF is $19.64. The stock price of ChampionX is $34.03. Therefore, ChampionX's Price-to-Intrinsic-Value-Projected-FCF of today is 1.7.

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

CHX' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.46   Med: 1.83   Max: 2.09
Current: 1.73

During the past 9 years, the highest Price-to-Intrinsic-Value-Projected-FCF of ChampionX was 2.09. The lowest was 1.46. And the median was 1.83.

CHX's Price-to-Projected-FCF is ranked worse than
79.56% of 675 companies
in the Oil & Gas industry
Industry Median: 0.82 vs CHX: 1.73

ChampionX Intrinsic Value: Projected FCF Historical Data

The historical data trend for ChampionX'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.

ChampionX Intrinsic Value: Projected FCF Chart

ChampionX Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only - - - 14.67 18.27

ChampionX 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 15.30 16.14 17.06 18.27 19.64

Competitive Comparison of ChampionX's Intrinsic Value: Projected FCF

For the Oil & Gas Equipment & Services subindustry, ChampionX'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.


ChampionX's Price-to-Projected-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ChampionX's Price-to-Projected-FCF distribution charts can be found below:

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



ChampionX 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 ChampionX's Free Cash Flow(6 year avg) = $252.93.

ChampionX'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)
=(9.6517283697394*252.93248+1710.463*0.8)/193.964
=19.64

* 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.


ChampionX  (NAS:CHX) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=34.03/19.640788975503
=1.73

* 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.


ChampionX Intrinsic Value: Projected FCF Related Terms

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


ChampionX (ChampionX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ChampionX Corp (NAS:CHX) » Definitions » Intrinsic Value: Projected FCF
Traded in Other Exchanges
Address
2445 Technology Forest Boulevard, Building 4, 12th Floor, The Woodlands, TX, USA, 77381
ChampionX provides chemical solutions and equipment for onshore and offshore oil and gas production. Its engineering expertise spans the well life cycle, but the firm maintains a particular focus on the production phase. Key offerings include artificial lift services and drilling technologies, specializing in polycrystalline diamond cutter inserts. ChampionX was formed after Apergy acquired its chemical technologies business from Ecolab in 2020.
Executives
Deric D. Bryant officer: See remarks 1 ECOLAB PLACE, ST. PAUL MN 55102
Sivasankaran Somasundaram director, officer: President & CEO C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
William Jr. O'dell officer: See remarks 2445 TECHNOLOGY FOREST BOULEVARD, BUILDING 4, 12TH FLOOR, THE WOODLANDS TX 77381
Elaine M Pickle director ONE ENERGY PLAZA, DETROIT MI 48226
Fierro A Carlos director 910 LOUISIANA STREET, HOUSTON TX 77002
Paul E Mahoney officer: See Remarks C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Antoine Marcos officer: VP, Corp Controller, CAO 2445 TECHNOLOGY FOREST BOULEVARD, BUILDING 4, 12TH FLOOR, THE WOODLANDS TX 77381
Stephen M. Todd director C/O DOVER CORPORATION, 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 606515
Julia Wright officer: Senior VP, GC & Secretary C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Heidi S Alderman director C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Stuart D Porter director 200 CLARENDON ST, 25TH FLOOR, BOSTON MA 02116
Jordan Zweig officer: SVP & Chief HR Officer 2445 TECHNOLOGY FOREST BOULEVARD, BUILDING 4, 12TH FLOOR, THE WOODLANDS TX 77381
Syed Raza officer: SVP & Chief Digital Officer C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Amy Thompson Broussard officer: Senior VP & Chief HR Officer C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Shankar Annamalai officer: Senior VP Operations C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381

ChampionX (ChampionX) Headlines