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Altius Minerals (TSX:ALS) Intrinsic Value: Projected FCF : C$15.00 (As of Apr. 27, 2024)


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What is Altius Minerals 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 (2024-04-27), Altius Minerals's Intrinsic Value: Projected FCF is C$15.00. The stock price of Altius Minerals is C$22.05. Therefore, Altius Minerals's Price-to-Intrinsic-Value-Projected-FCF of today is 1.5.

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

TSX:ALS' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.23   Med: 2.18   Max: 2.97
Current: 1.47

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Altius Minerals was 2.97. The lowest was 1.23. And the median was 2.18.

TSX:ALS's Price-to-Projected-FCF is ranked worse than
52.87% of 592 companies
in the Metals & Mining industry
Industry Median: 1.34 vs TSX:ALS: 1.47

Altius Minerals Intrinsic Value: Projected FCF Historical Data

The historical data trend for Altius Minerals'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.

Altius Minerals Intrinsic Value: Projected FCF Chart

Altius Minerals Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.54 7.73 12.33 16.14 15.00

Altius Minerals 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 16.14 17.06 16.37 15.80 15.00

Competitive Comparison of Altius Minerals's Intrinsic Value: Projected FCF

For the Other Industrial Metals & Mining subindustry, Altius Minerals'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.


Altius Minerals's Price-to-Projected-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Altius Minerals's Price-to-Projected-FCF distribution charts can be found below:

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



Altius Minerals 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 Altius Minerals's Free Cash Flow(6 year avg) = C$31.03.

Altius Minerals'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)
=(10.623553629896*31.02688+488.727*0.8)/48.035
=15.00

* 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.


Altius Minerals  (TSX:ALS) 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.

Altius Minerals's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=22.05/15.001505644808
=1.47

* 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.


Altius Minerals Intrinsic Value: Projected FCF Related Terms

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Altius Minerals (TSX:ALS) Business Description

Traded in Other Exchanges
Address
38 Duffy Place, 2nd Floor, St. John's, NL, CAN, A1B 4M5
Altius Minerals Corp is engaged in the business of obtaining diversified mining royalty. It holds interests in mining operations that produce metals and minerals such as copper, zinc, nickel, cobalt, gold, silver, and potash. The corporation also holds other pre-development stage royalty interests and various earlier stage royalties. It is engaged in the operating segments of Mineral Royalties, Renewable Royalties and Project Generation.

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