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Sparta Commercial Services (Sparta Commercial Services) Intrinsic Value: Projected FCF : $-1.04 (As of Jun. 01, 2024)


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What is Sparta Commercial Services 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 (2024-06-01), Sparta Commercial Services's Intrinsic Value: Projected FCF is $-1.04. The stock price of Sparta Commercial Services is $0.09222. Therefore, Sparta Commercial Services's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

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

SRCO's Price-to-Projected-FCF is not ranked *
in the Software industry.
Industry Median: 1.6
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Sparta Commercial Services Intrinsic Value: Projected FCF Historical Data

The historical data trend for Sparta Commercial Services'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.

Sparta Commercial Services Intrinsic Value: Projected FCF Chart

Sparta Commercial Services 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 -4.74 -4.34 -4.16 -1.54 -1.12

Sparta Commercial Services Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -1.41 -1.12 -1.13 -1.10 -1.04

Competitive Comparison of Sparta Commercial Services's Intrinsic Value: Projected FCF

For the Software - Application subindustry, Sparta Commercial Services'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.


Sparta Commercial Services's Price-to-Projected-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Sparta Commercial Services's Price-to-Projected-FCF distribution charts can be found below:

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



Sparta Commercial Services 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 Sparta Commercial Services's Free Cash Flow(6 year avg) = $-1.29.

Sparta Commercial Services'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 (Jan24)/0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-1.28592+-11.279/0.8)/25.433
=-1.04

* 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.


Sparta Commercial Services  (OTCPK:SRCO) 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.

Sparta Commercial Services's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=0.09222/-1.0357079591194
=

* 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.


Sparta Commercial Services Intrinsic Value: Projected FCF Related Terms

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


Sparta Commercial Services (Sparta Commercial Services) Business Description

Traded in Other Exchanges
N/A
Address
555 Fifth Avenue, 14th Floor, New York, NY, USA, 10017
Sparta Commercial Services Inc through its subsidiaries offers technology products and services. The company develops, manages, and markets its business mobile applications for smartphones and tablets. Its mobile application offerings range from racetracks, private clubs, country clubs, restaurants, and grocery stores. The company serves small and medium-size businesses under the tradename iMobileApp. It generates maximum revenue from the application source.
Executives
Jeffrey Buchanan Bean director 325 COTTON AVENUE, MACON GA 31201
Anthony L Havens director, officer: CEO 555 FIFTH AVE., 14TH FLOOR, NEW YORK NY 10017
Sandra L Ahman director, officer: VP 555 FIFTH AVE, 14TH FLOOR, NEW YORK NY 10017
Kristian Srb director, 10 percent owner 555 FIFTH AVE., 14TH FLOOR, NEW YORK NY 10017
Richard P Trotter officer: COO 370 LEXINGTON AVE., SUITE 1901, NEW YORK NY 10017
Anthony William Adler officer: EVP 462 SEVENTH AVENUE, 20TH FLOOR, NEW YORK NY 10018
Leo Long other: 8.85% OWNER 9109 LORIET BLVD., LENEXA KS 66219
Glenn Little other: 5% Owner 211 WEST WALL ST, MIDLAND TX 70701
Michael J Mele officer: Chief Financial Officer 462 SEVENTH AVE, 20TH FL., C/O SPARTA COMMERCIAL SERVICES, INC., NEW YORK NY 10018
Danny Lanjewar officer: Chief Financial Officer

Sparta Commercial Services (Sparta Commercial Services) Headlines