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ICG-Longbow Senior Secured UK Prop Debt Inv (LSE:LBOW) Intrinsic Value: Projected FCF : £1.19 (As of May. 21, 2024)


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What is ICG-Longbow Senior Secured UK Prop Debt Inv 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 (2024-05-21), ICG-Longbow Senior Secured UK Prop Debt Inv's Intrinsic Value: Projected FCF is £1.19. The stock price of ICG-Longbow Senior Secured UK Prop Debt Inv is £0.208. Therefore, ICG-Longbow Senior Secured UK Prop Debt Inv's Price-to-Intrinsic-Value-Projected-FCF of today is 0.2.

The historical rank and industry rank for ICG-Longbow Senior Secured UK Prop Debt Inv's Intrinsic Value: Projected FCF or its related term are showing as below:

LSE:LBOW' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.17   Med: 0.53   Max: 1.15
Current: 0.17

During the past 11 years, the highest Price-to-Intrinsic-Value-Projected-FCF of ICG-Longbow Senior Secured UK Prop Debt Inv was 1.15. The lowest was 0.17. And the median was 0.53.

LSE:LBOW's Price-to-Projected-FCF is ranked better than
95.95% of 939 companies
in the Asset Management industry
Industry Median: 0.93 vs LSE:LBOW: 0.17

ICG-Longbow Senior Secured UK Prop Debt Inv Intrinsic Value: Projected FCF Historical Data

The historical data trend for ICG-Longbow Senior Secured UK Prop Debt Inv'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.

ICG-Longbow Senior Secured UK Prop Debt Inv Intrinsic Value: Projected FCF Chart

ICG-Longbow Senior Secured UK Prop Debt Inv Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 1.06 1.35 1.40 1.19

ICG-Longbow Senior Secured UK Prop Debt Inv Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 1.35 - 1.40 - 1.19

Competitive Comparison of ICG-Longbow Senior Secured UK Prop Debt Inv's Intrinsic Value: Projected FCF

For the Asset Management subindustry, ICG-Longbow Senior Secured UK Prop Debt Inv'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.


ICG-Longbow Senior Secured UK Prop Debt Inv's Price-to-Projected-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ICG-Longbow Senior Secured UK Prop Debt Inv's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where ICG-Longbow Senior Secured UK Prop Debt Inv's Price-to-Projected-FCF falls into.



ICG-Longbow Senior Secured UK Prop Debt Inv 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 ICG-Longbow Senior Secured UK Prop Debt Inv's Free Cash Flow(6 year avg) = £12.13.

ICG-Longbow Senior Secured UK Prop Debt Inv'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 (Jan24)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*12.126428571429+36.224*0.8)/121.303
=1.19

* 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.


ICG-Longbow Senior Secured UK Prop Debt Inv  (LSE:LBOW) 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.

ICG-Longbow Senior Secured UK Prop Debt Inv's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=0.208/1.1906305994357
=0.17

* 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.


ICG-Longbow Senior Secured UK Prop Debt Inv Intrinsic Value: Projected FCF Related Terms

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ICG-Longbow Senior Secured UK Prop Debt Inv (LSE:LBOW) Business Description

Traded in Other Exchanges
Address
Trafalgar Court, Les Banques, P.O. Box 286, Floor 2, Saint Peter Port, GGY, GY1 4LY
ICG-Longbow Senior Secured UK Prop Debt Inv Ltd is a Guernsey registered closed-ended investment company. Its investment objective is to construct a portfolio of good quality, defensive, senior debt investments secured by first ranking fixed charges predominantly against UK commercial property investments providing target dividends of circa 6% per annum on the IPO issue price, paid quarterly, with an underlying target portfolio IRR of 8% per annum. The company's investment policy is to invest in a loan portfolio comprised of senior loans to property investors secured on UK commercial property with some potential exposure to UK investment residential property. The portfolio of the company is managed by Intermediate Capital Managers Limited.

ICG-Longbow Senior Secured UK Prop Debt Inv (LSE:LBOW) Headlines

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