ASA Gold And Precious Metals (ASA Gold And Precious Metals) Intrinsic Value: Projected FCF : $13.77 (As of May. 02, 2024)

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What is ASA Gold And Precious Metals 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 (2024-05-02), ASA Gold And Precious Metals's Intrinsic Value: Projected FCF is $13.77. The stock price of ASA Gold And Precious Metals is $17.67. Therefore, ASA Gold And Precious Metals's Price-to-Intrinsic-Value-Projected-FCF of today is 1.3.

The historical rank and industry rank for ASA Gold And Precious Metals's Intrinsic Value: Projected FCF or its related term are showing as below:

ASA' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.06 Med: 1.09 Max: 1.3
Current: 1.28

During the past 8 years, the highest Price-to-Intrinsic-Value-Projected-FCF of ASA Gold And Precious Metals was 1.30. The lowest was 1.06. And the median was 1.09.

ASA's Price-to-Projected-FCF is ranked worse than
70.66% of 934 companies
in the Asset Management industry
Industry Median: 0.92 vs ASA: 1.28

ASA Gold And Precious Metals Intrinsic Value: Projected FCF Historical Data

The historical data trend for ASA Gold And Precious Metals'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.

ASA Gold And Precious Metals Intrinsic Value: Projected FCF Chart

ASA Gold And Precious Metals Annual Data

Trend

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Intrinsic Value: Projected FCF

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13.50

13.77

ASA Gold And Precious Metals Semi-Annual Data
	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Intrinsic Value: Projected FCF	Get a 7-Day Free Trial										-	-	13.50	-	13.77

Competitive Comparison of ASA Gold And Precious Metals's Intrinsic Value: Projected FCF

For the Asset Management subindustry, ASA Gold And Precious Metals'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.

ASA Gold And Precious Metals's Price-to-Projected-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ASA Gold And Precious Metals's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where ASA Gold And Precious Metals's Price-to-Projected-FCF falls into.

ASA Gold And Precious Metals 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 ASA Gold And Precious Metals's Free Cash Flow(6 year avg) = $0.00.

ASA Gold And Precious Metals'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 (Nov23)	*	0.8)	/	Shares Outstanding (Diluted Average)
	=	(9.5203515959648	*	0	+	334.912	*	0.8)	/	19.451
	=	13.77

ASA Gold And Precious Metals (NYSE:ASA) 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.

ASA Gold And Precious Metals's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF	=	Share Price	/	Intrinsic Value: Projected FCF
	=	17.67	/	13.774592565935
	=	1.28

ASA Gold And Precious Metals Intrinsic Value: Projected FCF Related Terms

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

ASA Gold And Precious Metals (ASA Gold And Precious Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » ASA Gold And Precious Metals Ltd (NYSE:ASA) » Definitions » Intrinsic Value: Projected FCF

Comparable Companies

Traded in Other Exchanges

N/A

Address

Three Canal Plaza, Suite 600, Portland, ME, USA, 04101

Website

https://www.asaltd.com

ASA Gold And Precious Metals Ltd is a closed-end, non-diversified investment company. Its objective is to provide long-term capital appreciation primarily through investing in companies engaged in the exploration for, development of projects, or mining of precious metals and minerals.

Executives

Mary Joan Hoene	director	400 S EL CAMINO REAL, STE 710, SAN MATEO CA 94402
Alexander Merk	officer: COO	44 MONTGOMERY STREET, #3730, SAN FRANCISCO CA 94104
Bruce D Hansen	director	1700 LINCOLN STREET, 28TH FLOOR, DENVER CO 80203
Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Nancy J. Tyminski	other: Deputy CCO	3 CANAL PLAZA, SUITE 600, PORTLAND ME 04101
William Donovan	director	100 VISTA CIRCLE, APARTMENT 315, PITTSBURGH PA 15238
James E Holman	other: Analyst, Merk Investments, LLC	THREE CANAL PLAZA, SUITE 600, PORTLAND ME 04101
Peter Maletis	officer: President	44 MONTGOMERY STREET, #3730, SAN FRANCISCO CA 94104
Anthony J. Artabane	director	4 LITTLE KINGS LANE, RYE BROOK NY 10573
Zachary R Tackett	officer: Secretary	77 CONGRESS STREET, APT. #1, PORTLAND ME 04101
Gino E Malaspina	officer: Secretary	3 CANAL PLAZA, SUITE 600, PORTLAND ME 04101
Karen Shaw	officer: PFO	3 BUNKER HILL TERRACE, SCARBOROUGH ME 04074
David J Christensen	officer: Vice President - Investments	400 S. EL CAMINO REAL, SUITE 710, SAN MATEO CA 94402
Danielle Kulp	officer: Secretary and Deputy CCO	1409 KUTZ DRIVE, POTTSTOWN PA 19465