GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » FinecoBank SpA (MIL:FBK) » Definitions » Intrinsic Value: Projected FCF

FinecoBank SpA (MIL:FBK) Intrinsic Value: Projected FCF : €14.48 (As of Apr. 25, 2024)


View and export this data going back to 2014. Start your Free Trial

What is FinecoBank SpA 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 (2024-04-25), FinecoBank SpA's Intrinsic Value: Projected FCF is €14.48. The stock price of FinecoBank SpA is €14.195. Therefore, FinecoBank SpA's Price-to-Intrinsic-Value-Projected-FCF of today is 1.0.

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

MIL:FBK' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.94   Med: 0.99   Max: 1.12
Current: 0.98

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of FinecoBank SpA was 1.12. The lowest was 0.94. And the median was 0.99.

MIL:FBK's Price-to-Projected-FCF is ranked worse than
85.69% of 1216 companies
in the Banks industry
Industry Median: 0.44 vs MIL:FBK: 0.98

FinecoBank SpA Intrinsic Value: Projected FCF Historical Data

The historical data trend for FinecoBank SpA'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.

FinecoBank SpA Intrinsic Value: Projected FCF Chart

FinecoBank SpA 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 -16.42 -15.08 13.81 15.60 14.48

FinecoBank SpA Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Dec18 Jun19 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Dec21 Jun22 Sep22 Dec22 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 - 15.60 - - 14.48

Competitive Comparison of FinecoBank SpA's Intrinsic Value: Projected FCF

For the Banks - Regional subindustry, FinecoBank SpA'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.


FinecoBank SpA's Price-to-Projected-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, FinecoBank SpA's Price-to-Projected-FCF distribution charts can be found below:

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



FinecoBank SpA 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 FinecoBank SpA's Free Cash Flow(6 year avg) = €477.99.

FinecoBank SpA'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)
=(14.862653310476*477.99328571429+2194.676*0.8)/611.795
=14.48

* 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.


FinecoBank SpA  (MIL:FBK) 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.

FinecoBank SpA's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=14.195/14.481957666059
=0.98

* 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.


FinecoBank SpA Intrinsic Value: Projected FCF Related Terms

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


FinecoBank SpA (MIL:FBK) Business Description

Industry
Traded in Other Exchanges
Address
Piazza Durante, 11, Milan, ITA, 20131
FinecoBank SpA is a FinTech bank in Europe. It offers a business model which combines platforms with a large network of financial advisors. It offers a single account with banking, trading and investment services, on transactional and advisory platforms developed with proprietary technologies. Fineco is a leading bank in brokerage in Europe, and an important player in private banking in Italy, offering advanced and tailor-made advisory services.

FinecoBank SpA (MIL:FBK) Headlines