GURUFOCUS.COM » STOCK LIST » Technology » Software » Rimini Street Inc (NAS:RMNI) » Definitions » Intrinsic Value: Projected FCF

Rimini Street (Rimini Street) Intrinsic Value: Projected FCF : $2.48 (As of Apr. 29, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Rimini Street 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 (2024-04-29), Rimini Street's Intrinsic Value: Projected FCF is $2.48. The stock price of Rimini Street is $2.80. Therefore, Rimini Street's Price-to-Intrinsic-Value-Projected-FCF of today is 1.1.

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

RMNI' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.13   Med: 2.63   Max: 8.41
Current: 1.13

During the past 9 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Rimini Street was 8.41. The lowest was 1.13. And the median was 2.63.

RMNI's Price-to-Projected-FCF is ranked better than
65.21% of 1262 companies
in the Software industry
Industry Median: 1.62 vs RMNI: 1.13

Rimini Street Intrinsic Value: Projected FCF Historical Data

The historical data trend for Rimini Street'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.

Rimini Street Intrinsic Value: Projected FCF Chart

Rimini Street Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only - - 0.71 1.45 2.48

Rimini Street 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 1.45 2.65 2.97 2.32 2.48

Competitive Comparison of Rimini Street's Intrinsic Value: Projected FCF

For the Software - Application subindustry, Rimini Street'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.


Rimini Street's Price-to-Projected-FCF Distribution in the Software Industry

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

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



Rimini Street 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 Rimini Street's Free Cash Flow(6 year avg) = $28.72.

Rimini Street'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*28.72352+-39.496/0.8)/90.178
=2.48

* 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.


Rimini Street  (NAS:RMNI) 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.

Rimini Street's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=2.80/2.48495208891
=1.13

* 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.


Rimini Street Intrinsic Value: Projected FCF Related Terms

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


Rimini Street (Rimini Street) Business Description

Industry
Traded in Other Exchanges
Address
3993 Howard Hughes Parkway, Suite 500, Las Vegas, NV, USA, 89169
Rimini Street Inc is a provider of enterprise software support products and services and the third-party support provider for Oracle and SAP software products based in the United States. Some of its products include Oracle E-business suite, Oracle Retail, Peoplesoft, SAP business suite, and Agile PLM, which are offered to various industries, including manufacturing, public sector companies, retail, and education.
Executives
Seth A. Ravin director, 10 percent owner, officer: CEO and Chairman of the Board 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
Michael L. Perica officer: EVP & Chief Financial Officer C/O 3993 HOWARD HUGHES PARKWAY, SUITE 500, LAS VEGAS NV 89169
Steven Salaets officer: CIO/CPO EVP GlSec/Facl/Qual/IA C/O 3993 HOWARD HUGHES PARKWAY, LAS VEGAS NV 89169
Nancy Lyskawa officer: SVP Global Client Onboarding 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
Kevin Maddock officer: SVP, Global Sales 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
David W. Rowe officer: SVP & CMO 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
Sebastian Grady officer: President 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
Brian Slepko officer: SVP, Global Service Delivery 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
Gerard Brossard officer: Chief Operating Officer 1170 PEACHTREE STREET, ATLANTA GA 30309
Jay G Snyder director C/O 3993 HOWARD HUGHES PARKWAY, SUITE 500, LAS VEGAS NV 89169
Katrinka Mccallum director 139 TOWNSEND ST, SAN FRANCISCO CA 94107
Gpiac, Llc 10 percent owner C/O GP INVESTMENTS ACQUISITION CORP., 150 E. 52ND STREET, SUITE 5003, NEW YORK NY 10022
Daniel B. Winslow officer: SVP & General Counsel 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
Adams Street Partners Llc 10 percent owner ONE NORTH WACKER DRIVE, STE 2700, CHICAGO IL 60606-2807
Robin P. Murray director, 10 percent owner 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169

Rimini Street (Rimini Street) Headlines