GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Talanx AG (XTER:TLX) » Definitions » Intrinsic Value: Projected FCF

Talanx AG (XTER:TLX) Intrinsic Value: Projected FCF : €123.37 (As of May. 05, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Talanx AG 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 (2024-05-05), Talanx AG's Intrinsic Value: Projected FCF is €123.37. The stock price of Talanx AG is €69.30. Therefore, Talanx AG's Price-to-Intrinsic-Value-Projected-FCF of today is 0.6.

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

XTER:TLX' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.14   Med: 0.17   Max: 0.56
Current: 0.56

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Talanx AG was 0.56. The lowest was 0.14. And the median was 0.17.

XTER:TLX's Price-to-Projected-FCF is ranked better than
58.25% of 388 companies
in the Insurance industry
Industry Median: 0.665 vs XTER:TLX: 0.56

Talanx AG Intrinsic Value: Projected FCF Historical Data

The historical data trend for Talanx AG'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.

Talanx AG Intrinsic Value: Projected FCF Chart

Talanx AG 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 216.84 217.17 188.52 147.84 123.37

Talanx AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 147.84 148.41 135.05 129.92 123.37

Competitive Comparison of Talanx AG's Intrinsic Value: Projected FCF

For the Insurance - Diversified subindustry, Talanx AG'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.


Talanx AG's Price-to-Projected-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Talanx AG's Price-to-Projected-FCF distribution charts can be found below:

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



Talanx AG 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 Talanx AG's Free Cash Flow(6 year avg) = €2,477.76.

Talanx AG'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*2477.76+10447*0.8)/258.948
=123.37

* 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.


Talanx AG  (XTER:TLX) 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.

Talanx AG's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=69.30/123.37128060621
=0.56

* 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.


Talanx AG Intrinsic Value: Projected FCF Related Terms

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


Talanx AG (XTER:TLX) Business Description

Industry
Traded in Other Exchanges
Address
HDI-Platz 1, Hannover, NI, DEU, 30659
Talanx is the third largest insurer in Germany. It sells insurance to businesses, personal lines insurance, and also reinsurance. The origins of Talanx go back to the early 1900s and the founding of two mutuals in Germany, HDI and FSV, that were set up to provide liability insurance to the German iron and steel industry, and fire insurance to the German mining industry because of a growing dissatisfaction with their insurance providers, respectively. These two mutuals merged to form Halfplichtverband der Deutschen Industrie, or HDI, in 1970. Over the years companies outside of metals and mining have joined the mutual.HDI started providing reinsurance services in the mid-1920s and private insurance in the 1950s, and today, HDI owns over three quarters of Talanx.
Executives
Sebastian Gascard Supervisory Board

Talanx AG (XTER:TLX) Headlines

No Headlines