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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 (2024-05-28), Hagerty's Intrinsic Value: Projected FCF is $0.00. The stock price of Hagerty is $8.97. Therefore, Hagerty's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.
The historical rank and industry rank for Hagerty's Intrinsic Value: Projected FCF or its related term are showing as below:
The historical data trend for Hagerty'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.
Hagerty Annual Data | |||||||||||||||
Trend | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Intrinsic Value: Projected FCF | Get a 7-Day Free Trial | - | - | - | - | - |
Hagerty Quarterly Data | ||||||||||||||||||
Dec18 | Dec19 | 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 | - | - | - | - | - |
For the Insurance - Property & Casualty subindustry, Hagerty'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.
For the Insurance industry and Financial Services sector, Hagerty's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Hagerty's Price-to-Projected-FCF falls into.
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)
Hagerty (NYSE:HGTY) 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.
Hagerty's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF | = | Share Price | / | Intrinsic Value: Projected FCF |
= | 8.97 | / | ||
= |
* 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.
Thank you for viewing the detailed overview of Hagerty's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Laurie Harris | director | C/O SYNCHRONOSS TECHNOLOGIES INC., 200 CROSSING BOULEVARD, BRIDGEWATER TOWNSHIP NJ 08807 |
Patrick Mcclymont | officer: Chief Financial Officer | 902 BROADWAY, 20TH FLOOR, IMAX CORPORATION, NEW YORK NY 10010-6002 |
Kenneth Ahn | officer: President, Hagerty Marketplace | C/O BRIMSTONE ACQUISITION HOLDINGS CORP., 500 SOUTH POINTE DRIVE, SUITE 240, MIAMI BEACH FL 33139 |
William H Swanson | director | 870 WINTER STREET, WALTHAM MA 02451 |
Kelly Edward Smith | officer: Chief Strategy Officer | 2310 W. THREE LAKES DR., MERIDIAN ID 83646 |
John Carlisle Butcher | officer: President | 18 THOMASINA LN., DARIEN CT 06820 |
Hagerty Holding Corp. | 10 percent owner | 121 DRIVERS EDGE, TRAVERSE CITY MI 49684 |
Mika Salmi | director | GSTEIGSTRASSE 17, ERLENBACH V8 8703 |
Mckeel Hagerty | director, officer: Chief Executive Officer | 175 WILSON RD., TRAVERSE CITY MI 49686 |
Frederick Turcotte | officer: Chief Financial Officer | 579 HIDDEN RIDGE DR., TRAVERSE CITY MI 49686 |
Champagne Collette | officer: Chief Operating Officer | 510 SIXTH ST., TRAVERSE CITY MI 49684 |
Barbara E Matthews | officer: SVP, Gen. Counsel & Corp Secr. | 323 GREEN ACRES LN., ELK RAPIDS MI 49629 |
Paul Rehrig | officer: Pres. of Hagerty Media & Entmt | 13821 W. 87TH DR., ARVADA CO 80005 |
Michael L. Tipsord | director | STATE FARM INSURANCE COMPANYS, 1 STATE FARM PLAZA, BLOOMINGTON IL 61710 |
Sabrina Kay | director | 30930 RUSSELL RANCH ROAD, SUITE 300, WESTLAKE VILLAGE CA 91362 |
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