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Eltes Co (TSE:3967) Intrinsic Value: Projected FCF : 円501.80 (As of May. 27, 2024)


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What is Eltes Co 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 (2024-05-27), Eltes Co's Intrinsic Value: Projected FCF is 円501.80. The stock price of Eltes Co is 円795.00. Therefore, Eltes Co's Price-to-Intrinsic-Value-Projected-FCF of today is 1.6.

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

TSE:3967' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.58   Med: 3.25   Max: 8.68
Current: 1.58

During the past 9 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Eltes Co was 8.68. The lowest was 1.58. And the median was 3.25.

TSE:3967's Price-to-Projected-FCF is ranked better than
50.27% of 1279 companies
in the Software industry
Industry Median: 1.63 vs TSE:3967: 1.58

Eltes Co Intrinsic Value: Projected FCF Historical Data

The historical data trend for Eltes Co'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.

Eltes Co Intrinsic Value: Projected FCF Chart

Eltes Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only - - 130.60 249.23 501.80

Eltes Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 - 501.80 - - -

Competitive Comparison of Eltes Co's Intrinsic Value: Projected FCF

For the Software - Application subindustry, Eltes Co'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.


Eltes Co's Price-to-Projected-FCF Distribution in the Software Industry

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

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



Eltes Co 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 Eltes Co's Free Cash Flow(6 year avg) = 円76.44.

Eltes Co'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 (Feb23)*0.8)/Shares Outstanding (Diluted Average)
=(14.069800320413*76.442714285714+2335.014*0.8)/5.866
=501.80

* 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.


Eltes Co  (TSE:3967) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=795.00/501.79763483641
=1.58

* 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.


Eltes Co Intrinsic Value: Projected FCF Related Terms

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Eltes Co (TSE:3967) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3-2-5, Kasumigaseki, 6th Floor, Kasumigaseki Building, Chiyoda-ku, Tokyo, JPN, 100-6006
Eltes Co Ltd provides consultation services based on digital risk technology for database risk and other large storage protection in Japan. It also offers internal fraud detection services that enable the prevention of information security breaches caused by internal factors; and a service that includes detection and diagnosis of security breaches caused by external factors.

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