GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » ExamWorks Group Inc (NYSE:EXAM) » Definitions » Intrinsic Value: Projected FCF

ExamWorks Group (ExamWorks Group) Intrinsic Value: Projected FCF : $0.00 (As of May. 05, 2024)


View and export this data going back to 2010. Start your Free Trial

What is ExamWorks Group 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 (2024-05-05), ExamWorks Group's Intrinsic Value: Projected FCF is $0.00. The stock price of ExamWorks Group is $35.06. Therefore, ExamWorks Group's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

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

EXAM's Price-to-Projected-FCF is not ranked *
in the Insurance industry.
Industry Median: 0.665
* Ranked among companies with meaningful Price-to-Projected-FCF only.

ExamWorks Group Intrinsic Value: Projected FCF Historical Data

The historical data trend for ExamWorks Group'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.

ExamWorks Group Intrinsic Value: Projected FCF Chart

ExamWorks Group Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial - - - 11.86 16.54

ExamWorks Group Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 11.87 12.61 16.55 16.54 17.58

Competitive Comparison of ExamWorks Group's Intrinsic Value: Projected FCF

For the Insurance Brokers subindustry, ExamWorks Group'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.


ExamWorks Group's Price-to-Projected-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, ExamWorks Group's Price-to-Projected-FCF distribution charts can be found below:

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



ExamWorks Group 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 ExamWorks Group's Free Cash Flow(6 year avg) = $29.47.

ExamWorks Group'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 (Mar16)*0.8)/Shares Outstanding (Diluted Average)
=(14.862653310476*29.46896+367.31*0.8)/42.362
=17.28

* 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.


ExamWorks Group  (NYSE:EXAM) 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.

ExamWorks Group's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=35.06/17.275740897509
=2.03

* 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.


ExamWorks Group Intrinsic Value: Projected FCF Related Terms

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


ExamWorks Group (ExamWorks Group) Business Description

Traded in Other Exchanges
N/A
Address
ExamWorks Group Inc was incorporated as a Delaware corporation on April 27, 2007. The Company is a provider of independent medical examinations, or 'IMEs', peer and bill reviews, and other related services, which include legal support services, administrative support services and medical record retrieval services. It provides these IME services through its medical panel of independently contracted, credentialed physicians and other medical providers. Its geographic segments include the United States, Canada, the United Kingdom and Australia. The Company's clients include property and casualty insurance carriers, law firms, third-party claim administrators, and government agencies that use independent services to confirm the veracity of claims by sick or injured individuals for workers' compensation, automotive, personal injury liability and disability insurance coverage. It helps its clients manage costs and enhance their risk management processes by verifying the validity, nature, cause and extent of claims, identifying fraud and providing fast, efficient and quality IME services. It provides the clients with local presence, expertise and geographic coverage increasingly required. The Company's size and geographic reach give its clients access to its medical panel of physicians and other medical providers and proprietary information technology infrastructure that has been specifically designed to streamline the complex process of coordinating referrals, scheduling appointments, complying with regulations and client reporting. The Company's primary service is to provide IMEs that give its clients authoritative and accurate answers to questions regarding the nature and permanency of medical conditions or personal injury, their cause and appropriate treatment. Additionally, it provides peer and bill reviews, which consist of medical opinions by members of its medical panel without conducting physical exams, and the review of physician and hospital bills to examine medical care rendered and its conformity to accepted standards of care. Its primary competitors include companies and individual physicians in one or more services similar to those offered by the Company on a local or regional basis as well as insurance companies and other organizations which have established an in-house capability of performing such services. As a Company involved in the provision of IME services, it is subject to certain federal, state and local laws and regulations.
Executives
Fernandez De Castro Jose Miguel officer: CFO, Senior EVP and Treasurer TURBOCHEF TECHNOLOGIES, INC., SIX CONCOURSE PARKWAY, SUITE 1900, ATLANTA GA 30328
Richard E Perlman director, officer: Executive Chairman C/O TURBOCHEF TECHNOLOGIES, INC., SUITE 1900, SIX CONCOURSE PARKWAY, ATLANTA GA 30328
James K Price director, officer: Chief Executive Officer C/O TURBOCHEF TECHNOLOGIES, INC., SUITE 1900, SIX CONCOURSE PARKWAY, ATLANTA GA 30328
J Thomas Presby director 198 KEELER ROAD, BRIDGEWATER CT 06752
William A Shutzer director C/O TIFFANY & CO LEGAL DEPT, 727 FIFTH AVE, NEW YORK NY 10022
David B Zenoff director 3250 VAN NESS AVENUES, SAN FRANCISCO CA 94109
Peter Graham director C/O ONE BETTER VENTURES, 1122 OBERLIN ROAD, RALEIGH NC 27605
Joshua W. Lemaire officer: VP, Sales & Marketing 1 PARK PLAZA, SUITE 1000, IRVINE CA 92614

ExamWorks Group (ExamWorks Group) Headlines

From GuruFocus

Baron Funds Comments on ExamWorks Group

By Holly LaFon Holly LaFon 08-10-2016

CEOs Reporting Insider Buys Costing Over $100,000

By Monica Wolfe Monica Wolfe 06-04-2013

ExamWorks Reports Insider Buys

By Monica Wolfe Monica Wolfe 03-05-2013

Baron Funds Comments on ExamWorks Group

By Holly LaFon Holly LaFon 02-25-2016