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HELLA GmbH KGaA (XTER:HLE) Intrinsic Value: Projected FCF : €26.47 (As of Apr. 29, 2024)


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What is HELLA GmbH KGaA 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), HELLA GmbH KGaA's Intrinsic Value: Projected FCF is €26.47. The stock price of HELLA GmbH KGaA is €82.80. Therefore, HELLA GmbH KGaA's Price-to-Intrinsic-Value-Projected-FCF of today is 3.1.

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

XTER:HLE' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.18   Med: 2.13   Max: 3.13
Current: 3.13

During the past 11 years, the highest Price-to-Intrinsic-Value-Projected-FCF of HELLA GmbH KGaA was 3.13. The lowest was 1.18. And the median was 2.13.

XTER:HLE's Price-to-Projected-FCF is ranked worse than
80.05% of 887 companies
in the Vehicles & Parts industry
Industry Median: 1.08 vs XTER:HLE: 3.13

HELLA GmbH KGaA Intrinsic Value: Projected FCF Historical Data

The historical data trend for HELLA GmbH KGaA'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.

HELLA GmbH KGaA Intrinsic Value: Projected FCF Chart

HELLA GmbH KGaA Annual Data
Trend May12 May13 May14 May15 May16 May17 May18 May19 May20 May21
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 22.20 32.64 25.36 29.08

HELLA GmbH KGaA Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Mar23 Jun23 Sep23
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 25.55 26.87 27.55 26.96 26.47

Competitive Comparison of HELLA GmbH KGaA's Intrinsic Value: Projected FCF

For the Auto Parts subindustry, HELLA GmbH KGaA'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.


HELLA GmbH KGaA's Price-to-Projected-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, HELLA GmbH KGaA's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where HELLA GmbH KGaA's Price-to-Projected-FCF falls into.



HELLA GmbH KGaA 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 HELLA GmbH KGaA's Free Cash Flow(6 year avg) = €63.68.

HELLA GmbH KGaA'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 (Sep23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*63.67648+2917.67*0.8)/111.078
=26.47

* 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.


HELLA GmbH KGaA  (XTER:HLE) 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.

HELLA GmbH KGaA's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=82.80/26.47111469412
=3.13

* 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.


HELLA GmbH KGaA Intrinsic Value: Projected FCF Related Terms

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HELLA GmbH KGaA (XTER:HLE) Business Description

Traded in Other Exchanges
Address
Rixbecker Strasse 75, Lippstadt, NW, DEU, 59552
HELLA GmbH & Co KGaA is a manufacturer of lighting and electronic components and systems for the automotive industry. The company also produces complete vehicle modules, air-conditioning systems, and vehicle electrical systems in its joint-venture companies, as well as products for specialist vehicles. Further, Hella operates a trade organisation for automotive parts, accessories, diagnosis, and services in Europe. The company is controlled through a pooled family majority shareholding in the group. The company has three reportable segments which are Lighting, Electronics and Lifecycle Solutions. The company generates majority of the revenue from Lighting segment.
Executives
Charlotte Sötje Supervisory Board
Christoph Thomas Supervisory Board

HELLA GmbH KGaA (XTER:HLE) Headlines

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