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Hargreaves Lansdown (Hargreaves Lansdown) Intrinsic Value: Projected FCF : $23.58 (As of May. 01, 2024)


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What is Hargreaves Lansdown 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 (2024-05-01), Hargreaves Lansdown's Intrinsic Value: Projected FCF is $23.58. The stock price of Hargreaves Lansdown is $23.55. Therefore, Hargreaves Lansdown's Price-to-Intrinsic-Value-Projected-FCF of today is 1.0.

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

HRGLY' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1   Med: 2.73   Max: 3.71
Current: 1

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Hargreaves Lansdown was 3.71. The lowest was 1.00. And the median was 2.73.

HRGLY's Price-to-Projected-FCF is ranked worse than
56.88% of 930 companies
in the Asset Management industry
Industry Median: 0.93 vs HRGLY: 1.00

Hargreaves Lansdown Intrinsic Value: Projected FCF Historical Data

The historical data trend for Hargreaves Lansdown'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.

Hargreaves Lansdown Intrinsic Value: Projected FCF Chart

Hargreaves Lansdown Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.67 15.55 20.45 17.10 -

Hargreaves Lansdown Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 17.10 - - -

Competitive Comparison of Hargreaves Lansdown's Intrinsic Value: Projected FCF

For the Asset Management subindustry, Hargreaves Lansdown'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.


Hargreaves Lansdown's Price-to-Projected-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Hargreaves Lansdown's Price-to-Projected-FCF distribution charts can be found below:

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



Hargreaves Lansdown 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 Hargreaves Lansdown's Free Cash Flow(6 year avg) = $312.21.

Hargreaves Lansdown'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 (Jun23)*0.8)/Shares Outstanding (Diluted Average)
=(12.267806016876*312.20671428571+896.086*0.8)/237.159
=19.17

* 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.


Hargreaves Lansdown  (OTCPK:HRGLY) 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.

Hargreaves Lansdown's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=23.55/19.172623463682
=1.23

* 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.


Hargreaves Lansdown Intrinsic Value: Projected FCF Related Terms

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Hargreaves Lansdown (Hargreaves Lansdown) Business Description

Traded in Other Exchanges
Address
Anchor Road, One College Square South, Bristol, GBR, BS1 5HL
Hargreaves Lansdown PLC operates a large direct-to-investor investment service in the United Kingdom built around offerings tailored to client needs. Clients can elect to hold all their funds, stocks, bonds, ETFs, and other financial instruments in a single service with various tax advantages. The company also offers portfolio rebalancing, discretionary services and managed funds, third-party services, savings management, online and apps offerings, and other retirement solutions. The company's clients mostly comprise individual investors and corporate clients. It primarily earns recurring revenue through the administration and management of assets held under its platform, and secondarily earns transactional revenue through stockbroking commissions and initial advisory fees.

Hargreaves Lansdown (Hargreaves Lansdown) Headlines

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