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Callidus Software (Callidus Software) Intrinsic Value: DCF (Dividends Based) : $ (As of May. 05, 2024)


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What is Callidus Software Intrinsic Value: DCF (Dividends Based)?

As of today (2024-05-05), Callidus Software's intrinsic value calculated from the Discounted Dividend model is $.

Note: Discounted Dividend model is only suitable for companies who have a consistant distribution history. If the company's dividends does not remain steady over a long period, results may not be accurate due to the low consistency. The model is also only suitable for predictable companies (Business Predictability Rank higher than 1-Star) with dividend payments. If the company's Predictability Rank is 1-Star or Not Rated, or if the company does not pay dividend, the data will not be stored into our database.

Callidus Software's Predictability Rank is Not Rated. Thus, this page is only used for demonstration purposes and the DCF related results in the screener and portfolio will appear as zero.

Margin of Safety % (DCF Dividends Based) using Discounted Dividend Model for Callidus Software is

The historical rank and industry rank for Callidus Software's Intrinsic Value: DCF (Dividends Based) or its related term are showing as below:

CALD's Price-to-DCF (Dividends Based) is not ranked *
in the Software industry.
Industry Median: 0.99
* Ranked among companies with meaningful Price-to-DCF (Dividends Based) only.

Callidus Software Intrinsic Value: DCF (Dividends Based) Historical Data

The historical data trend for Callidus Software's Intrinsic Value: DCF (Dividends Based) 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.

Callidus Software Intrinsic Value: DCF (Dividends Based) Chart

Callidus Software Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Intrinsic Value: DCF (Dividends Based)
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Callidus Software Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
Intrinsic Value: DCF (Dividends Based) 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 - - - - -

Competitive Comparison of Callidus Software's Intrinsic Value: DCF (Dividends Based)

For the Software - Application subindustry, Callidus Software's Price-to-DCF (Dividends Based), along with its competitors' market caps and Price-to-DCF (Dividends Based) 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.


Callidus Software's Price-to-DCF (Dividends Based) Distribution in the Software Industry

For the Software industry and Technology sector, Callidus Software's Price-to-DCF (Dividends Based) distribution charts can be found below:

* The bar in red indicates where Callidus Software's Price-to-DCF (Dividends Based) falls into.



Callidus Software Intrinsic Value: DCF (Dividends Based) Calculation

This is the intrinsic value calculated from the Discounted Dividend Model with default parameters. The calculation method is the same as Discounted Cash Flow model except adjusted dividend are used in the calculation instead of free cash flow. This is the default method of calculation with GuruFocus DCF calculator.

Usually a two-stage model is used in calculating the intrinsic value with discounted cash flow model. The first stage is called growth stage; the second is called the terminal stage. In the growth stage the company grows at a faster rate. Because it cannot grow at that rate forever, a lower rate is used for the terminal stage.

GuruFocus DDM calculator is a two-stage model. The default values are defined as:

1. Discount Rate: d = 11%
A reasonable discount rate assumption should be at least the long term average return of the stock market, which can be estimated from risk free rate plus risk premium of stock market. GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate and rounded up to the nearest integer. It is updated daily. The current risk-free rate is 4.50%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default. Then we added a risk premium of 6% to get the estimated discount rate. Some investors use their expected rate of return, which is also reasonable. A typical discount rate can be anywhere between 6% - 20%.

2. Dividend Growth Rate in the growth stage: g1 = %
The Growth Rate in the growth stage is initially set as the default 10-Year Dividend Growth Rate. In cases where the 10-year growth rate is unavailable, it defaults to using the 5-Year Dividend Growth Rate. If both the 10-year and 5-year growth rates are unavailable, the system defaults to the 3-Year Dividend Growth Rate.
However, it's important to note that there is a growth rate range. If the calculated growth rate exceeds 20%, it will be capped at 20%. Conversely, if the calculated growth rate falls below 5%, it will be adjusted to 5% to maintain a reasonable range.
=>

3. Years of Growth Stage: y1 = 10

4. Terminal Growth Rate: g2 = 4%

5. Dividends per Share: adjusted dividends per share = $.
GuruFocus uses adjusted dividends per share by default to ensure that the valuation reflects the total value of the company, as the actual dividend is only a portion of the total value.

All of the default settings can be changed in the DCF calculator and the results are calculated automatically.

Callidus Software's Intrinsic Value: DCF (Dividends Based) for today is calculated as:

Intrinsic Value: DCF (Dividends Based)=Dividends per Share*{[(1+g1)/(1+d)+(1+g1)^2/(1+d)^2+...+(1+g1)^10/(1+d)^10]
+(1+g1)^10/(1+d)^10*[(1+g2)/(1+d)+(1+g2)^2/(1+d)^2+...+(1+g2)^10/(1+d)^10]}

set x = (1+g1)/(1+d) = (1+)/(1+0.11) =
and y = (1+g2)/(1+d) = (1+)/(1+0.11) =

Intrinsic Value: DCF (Dividends Based)=Dividends per Share*{[x+x^2+...+x^10]+x^10*[y+y^2+...+y^10]}
=Dividends per Share*[x*(1-x^10)/(1-x)+x^10*y*(1-y^10)/(1-y)]
=*
=

Margin of Safety % (DCF Dividends Based) = (Intrinsic Value: DCF (Dividends Based)-Current Price) /Intrinsic Value: DCF (Dividends Based)
= ( - 36.00) /

* 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.


Callidus Software  (NAS:CALD) Intrinsic Value: DCF (Dividends Based) Explanation

Unlike valuation methods such as Net Current Asset Value, Tangible Book per Share, Graham Number, Median PS Value etc, discounted Dividends model evaluates the companies based on their power of future dividend distribution instead of their assets.


Be Aware

What you need to know about Discounted Dividends model:

1. The Discounted Dividends model evaluates a company based on its future dividends distribution power
2. Dividend growth is taken into account; therefore a company with a higher dividend growth rate is worth more if everything else is the same.
3. Since we are projecting future growth, it is assumed that the company will grow at the same rate as it did during the past 10 years. Therefore this model works better for the companies with consistently steady dividends distributed.
4. The Discounted Dividends model works poorly for inconsistent dividends distributor like high growth companies.
5. Your expected return from the investment is a reasonable discount rate assumption.
6. A larger margin of safety should be required for companies with less dividends distributed.

You can screen for stocks that trade below their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) and Intrinsic Value: DCF (Dividends Based) with the GuruFocus All-in-One Screener. Companies with a high Predictability Rank that trade at a discount to their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) can be found in the screen of Undervalued Predictable Companies.


Callidus Software Intrinsic Value: DCF (Dividends Based) Related Terms

Thank you for viewing the detailed overview of Callidus Software's Intrinsic Value: DCF (Dividends Based) provided by GuruFocus.com. Please click on the following links to see related term pages.


Callidus Software (Callidus Software) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Callidus Software Inc (NAS:CALD) » Definitions » Intrinsic Value: DCF (Dividends Based)
Traded in Other Exchanges
N/A
Address
Callidus Software Inc provides cloud-based sales, marketing, learning, and customer-experience products. The firm's services enable its customers to identify leads, train personnel, automate pricing, and streamline sales compensation. The company has clients in a variety of industries, but focuses on telecommunications, insurance, banking, and technology. CallidusCloud products are sold on a subscription basis, typically through annual and multiyear contracts. A large majority of the firm's revenue is generated in the United States and Canada, but Callidus has a sizable presence in Asia-Pacific and Europe.
Executives
Roxanne Oulman officer: EVP, Chief Financial Officer 4140 DUBLIN BOULEVARD, SUITE 400, DUBLIN CA 94568
Nina Richardson director C/O SILICON LABORATORIES, 400 W CESAR CHAVEZ, AUSTIN TX 78701
James D White director C/O CAVA GROUP, INC., 202-400-2920 14 RIDGE SQUARE NW, SUITE 5, WASHINGTON DC 20016
Leslie Stretch director, officer: President and CEO 4140 DUBLIN BLVD SUITE 400 DUBLIN CA 94568
Charles Boesenberg director 4140 DUBLIN BLVD SUITE 400 DUBLIN CA 94568
Mark Culhane director 6200 STONERIDGE MALL ROAD, SUITE 500, PLEASANTON CA 94588
Kevin Klausmeyer director 2101 CITYWEST BLVD, HOUSTON TX 77042-2827
Jimmy C. Duan officer: EVP, Chief Technology Officer 4140 DUBLIN BLVD SUITE 400 DUBLIN CA 94568
Murray D Rode director 3303 HILLVIEW AVE, PALO ALTO CA 94304
Michele Vion Choka other: Former Director 4140 DUBLIN BLVD, SUITE 400, DUBLIN CA 94568
Bob L Corey officer: Former EVP, CFO 4140 DUBLIN BLVD, SUITE 400, DUBLIN CA 94568
Ronald J Fior officer: SVP, Finance & Ops; CFO C/O QUOTIENT TECHNOLOGY INC., 400 LOGUE AVE, MOUNTAIN VIEW CA 94043
Robert Youngjohns director C/O CALLIDUS SOFTWARE, 160 WEST SANTA CLARA STREET, SAN JOSE CA 95113
Brian E Cabrera officer: SVP and Gen. Counsel CALLIDUS SOFTWARE INC., 160 W. SANTA CLARA STREET, SUITE 1500, SAN JOSE CA 95113
R David Spreng director 3800 FIRST BANK PL, P O BOX 357, MINNEAPOLIS MN 55402

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