Manila Bulletin Publishing (PHS:MB) Intrinsic Value: Projected FCF : ₱1.28 (As of Jun. 04, 2024)

View and export this data going back to 1990. Start your Free Trial

What is Manila Bulletin Publishing 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 (2024-06-04), Manila Bulletin Publishing's Intrinsic Value: Projected FCF is ₱1.28. The stock price of Manila Bulletin Publishing is ₱0.212. Therefore, Manila Bulletin Publishing's Price-to-Intrinsic-Value-Projected-FCF of today is 0.2.

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

PHS:MB' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.16 Med: 0.72 Max: 1
Current: 0.17

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Manila Bulletin Publishing was 1.00. The lowest was 0.16. And the median was 0.72.

PHS:MB's Price-to-Projected-FCF is ranked better than
96.56% of 611 companies
in the Media - Diversified industry
Industry Median: 0.88 vs PHS:MB: 0.17

Manila Bulletin Publishing Intrinsic Value: Projected FCF Historical Data

The historical data trend for Manila Bulletin Publishing'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.

Manila Bulletin Publishing Intrinsic Value: Projected FCF Chart

Manila Bulletin Publishing Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Intrinsic Value: Projected FCF

Get a 7-Day Free Trial

0.44

0.45

0.94

1.11

1.17

Manila Bulletin Publishing 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															0.71	0.74	0.70	1.17	1.28

Competitive Comparison of Manila Bulletin Publishing's Intrinsic Value: Projected FCF

For the Publishing subindustry, Manila Bulletin Publishing'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.

Manila Bulletin Publishing's Price-to-Projected-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Manila Bulletin Publishing's Price-to-Projected-FCF distribution charts can be found below:

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

Manila Bulletin Publishing 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 Manila Bulletin Publishing's Free Cash Flow(6 year avg) = ₱-22.75.

Manila Bulletin Publishing'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)
	=	(9.5203515959648	*	-22.74528	+	5802.288	*	0.8)	/	3455.856
	=	1.28

Manila Bulletin Publishing (PHS:MB) 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.

Manila Bulletin Publishing's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF	=	Share Price	/	Intrinsic Value: Projected FCF
	=	0.212	/	1.2805184409453
	=	0.17

Manila Bulletin Publishing Intrinsic Value: Projected FCF Related Terms

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

Manila Bulletin Publishing (PHS:MB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Manila Bulletin Publishing Corp (PHS:MB) » Definitions » Intrinsic Value: Projected FCF

Comparable Companies

Traded in Other Exchanges

N/A

Address

Manila Bulletin Building, Muralla corner Recoletos Streets, Intramuros, P.O. Box 769, Manila, PHL, 0900

Website

https://www.mb.com.ph

Manila Bulletin Publishing Corp is a Philippines-based company. The company is in the business of providing newspapers and various magazines. The company publishes its newspaper seven days a week. Its magazine section provides an agriculture magazine, which tells articles regarding trends in farming, fishing, crop propagation, and livestock raising, cruising magazine, which tells about local tourism, animal scene magazine, which gives information regarding breeding information, addresses veterinary concerns, and advice on care, and sense and style magazine, which gives information of the fashion and beauty, food and dining, and shopping ideas. The company earns maximum revenue from advertising and circulation.