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Redde Northgate (LSE:REDD) Intrinsic Value: Projected FCF : £4.90 (As of May. 16, 2024)


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What is Redde Northgate 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 (2024-05-16), Redde Northgate's Intrinsic Value: Projected FCF is £4.90. The stock price of Redde Northgate is £4.275. Therefore, Redde Northgate's Price-to-Intrinsic-Value-Projected-FCF of today is 0.9.

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

LSE:REDD' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.34   Med: 0.76   Max: 0.93
Current: 0.87

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Redde Northgate was 0.93. The lowest was 0.34. And the median was 0.76.

LSE:REDD's Price-to-Projected-FCF is ranked better than
53.94% of 673 companies
in the Business Services industry
Industry Median: 0.97 vs LSE:REDD: 0.87

Redde Northgate Intrinsic Value: Projected FCF Historical Data

The historical data trend for Redde Northgate'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.

Redde Northgate Intrinsic Value: Projected FCF Chart

Redde Northgate Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.91 5.22 3.93 4.43 4.90

Redde Northgate Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 - 4.43 - 4.90 -

Competitive Comparison of Redde Northgate's Intrinsic Value: Projected FCF

For the Rental & Leasing Services subindustry, Redde Northgate'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.


Redde Northgate's Price-to-Projected-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Redde Northgate's Price-to-Projected-FCF distribution charts can be found below:

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



Redde Northgate 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 Redde Northgate's Free Cash Flow(6 year avg) = £38.39.

Redde Northgate'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 (Apr23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*38.391285714286+994.595*0.8)/237.069
=4.90

* 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.


Redde Northgate  (LSE:REDD) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=4.275/4.8980446124172
=0.87

* 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.


Redde Northgate Intrinsic Value: Projected FCF Related Terms

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Redde Northgate (LSE:REDD) Business Description

Traded in Other Exchanges
Address
Lingfield Way, Northgate Centre, Darlington, GBR, DL1 4PZ
Redde Northgate PLC provides integrated mobility solutions to businesses and personal customers. These solutions comprise vehicle rental services, accident and incident management services, repair & maintenance services, vehicle disposal and other ancillary services to keep customers mobile. It is engaged in the group functions through the following segments: the Northgate UK&I, Northgate Spain, and Redde. The company generates maximum revenue from the Northgate UK&I segment. Geographically, the business presence of the firm is seen across the region of the UK, Spain, and the Republic of Ireland.

Redde Northgate (LSE:REDD) Headlines

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