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KDX Realty Investment (TSE:8972) Intrinsic Value: Projected FCF : 円129,669.25 (As of May. 15, 2024)


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What is KDX Realty Investment 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 (2024-05-15), KDX Realty Investment's Intrinsic Value: Projected FCF is 円129,669.25. The stock price of KDX Realty Investment is 円159000.00. Therefore, KDX Realty Investment's Price-to-Intrinsic-Value-Projected-FCF of today is 1.2.

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

TSE:8972' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.22   Med: 3.23   Max: 22.74
Current: 1.23

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of KDX Realty Investment was 22.74. The lowest was 1.22. And the median was 3.23.

TSE:8972's Price-to-Projected-FCF is ranked worse than
81.43% of 544 companies
in the REITs industry
Industry Median: 0.67 vs TSE:8972: 1.23

KDX Realty Investment Intrinsic Value: Projected FCF Historical Data

The historical data trend for KDX Realty Investment'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.

KDX Realty Investment Intrinsic Value: Projected FCF Chart

KDX Realty Investment Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33,801.40 65,531.10 67,170.50 127,541.00 129,669.00

KDX Realty Investment Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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 - 127,541.00 - 129,669.00 -

Competitive Comparison of KDX Realty Investment's Intrinsic Value: Projected FCF

For the REIT - Diversified subindustry, KDX Realty Investment'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.


KDX Realty Investment's Price-to-Projected-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, KDX Realty Investment's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where KDX Realty Investment's Price-to-Projected-FCF falls into.



KDX Realty Investment 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 KDX Realty Investment's Free Cash Flow(6 year avg) = 円4,000.33.

KDX Realty Investment'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 (Oct22)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*4000.3322857143+229562.312*0.8)/1.710
=129,669.25

* 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.


KDX Realty Investment  (TSE:8972) 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.

KDX Realty Investment's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=159000.00/129669.2511466
=1.23

* 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.


KDX Realty Investment Intrinsic Value: Projected FCF Related Terms

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KDX Realty Investment (TSE:8972) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-1-6 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 105-0004
KDX Realty Investment Corp is a Japan-based real estate investment trust. It is engaged in the business of investing in office and residential buildings. The company has around 100 properties, which include Mid-sized Office Buildings and other office building, central urban properties, residential properties, and others. The company owns properties in 5 Central wards of Tokyo, Tokyo Metropolitan area, and other regional areas.

KDX Realty Investment (TSE:8972) Headlines

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