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Van Lanschot Kempen NV (XAMS:VLK) Intrinsic Value: Projected FCF : €156.37 (As of Jun. 02, 2024)


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What is Van Lanschot Kempen NV 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 (2024-06-02), Van Lanschot Kempen NV's Intrinsic Value: Projected FCF is €156.37. The stock price of Van Lanschot Kempen NV is €37.60. Therefore, Van Lanschot Kempen NV's Price-to-Intrinsic-Value-Projected-FCF of today is 0.2.

The historical rank and industry rank for Van Lanschot Kempen NV's Intrinsic Value: Projected FCF or its related term are showing as below:

XAMS:VLK' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.14   Med: 0.21   Max: 0.36
Current: 0.24

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Van Lanschot Kempen NV was 0.36. The lowest was 0.14. And the median was 0.21.

XAMS:VLK's Price-to-Projected-FCF is ranked better than
77.86% of 1224 companies
in the Banks industry
Industry Median: 0.45 vs XAMS:VLK: 0.24

Van Lanschot Kempen NV Intrinsic Value: Projected FCF Historical Data

The historical data trend for Van Lanschot Kempen NV'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.

Van Lanschot Kempen NV Intrinsic Value: Projected FCF Chart

Van Lanschot Kempen NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.87 155.43 150.50 152.32 156.37

Van Lanschot Kempen NV Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 150.50 - 152.32 - 156.37

Competitive Comparison of Van Lanschot Kempen NV's Intrinsic Value: Projected FCF

For the Banks - Regional subindustry, Van Lanschot Kempen NV'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.


Van Lanschot Kempen NV's Price-to-Projected-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Van Lanschot Kempen NV's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Van Lanschot Kempen NV's Price-to-Projected-FCF falls into.



Van Lanschot Kempen NV 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 Van Lanschot Kempen NV's Free Cash Flow(6 year avg) = €585.69.

Van Lanschot Kempen NV'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 (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*585.69442857143+1348.684*0.8)/42.560
=156.37

* 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.


Van Lanschot Kempen NV  (XAMS:VLK) 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.

Van Lanschot Kempen NV's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=37.60/156.36663740126
=0.24

* 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.


Van Lanschot Kempen NV Intrinsic Value: Projected FCF Related Terms

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Van Lanschot Kempen NV (XAMS:VLK) Business Description

Traded in Other Exchanges
Address
Hooge Steenweg 29, 's-Hertogenbosch, NLD, 5211 JN
Van Lanschot Kempen NV is an independent wealth management bank operating primarily in the Netherlands. Its key areas of service include private banking, Evi, asset management, and merchant banking, which drive the vast majority of operating income. most of the bank's earning assets are loans and advances, a majority of which are mortgages. The bank seeks to differentiate itself from traditional competitors with its focus on niche markets and brand recognition. Private banking is the bank's largest core segment. Its private banking customers are mostly entrepreneurs, family businesses, business professionals, executives, and high-net-worth individuals. The most notable portion of the bank's corporate lending book is in the real estate industry.

Van Lanschot Kempen NV (XAMS:VLK) Headlines

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