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Steppe Gold (Steppe Gold) Intrinsic Value: Projected FCF : $0.16 (As of May. 17, 2024)


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What is Steppe Gold 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 (2024-05-17), Steppe Gold's Intrinsic Value: Projected FCF is $0.16. The stock price of Steppe Gold is $0.463. Therefore, Steppe Gold's Price-to-Intrinsic-Value-Projected-FCF of today is 2.9.

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

STPGF' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 2.81   Med: 3.57   Max: 3.57
Current: 2.89

During the past 8 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Steppe Gold was 3.57. The lowest was 2.81. And the median was 3.57.

STPGF's Price-to-Projected-FCF is ranked worse than
74.57% of 586 companies
in the Metals & Mining industry
Industry Median: 1.355 vs STPGF: 2.89

Steppe Gold Intrinsic Value: Projected FCF Historical Data

The historical data trend for Steppe Gold'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.

Steppe Gold Intrinsic Value: Projected FCF Chart

Steppe Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial - - - -0.18 0.16

Steppe Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -0.18 -0.19 0.08 0.11 0.16

Competitive Comparison of Steppe Gold's Intrinsic Value: Projected FCF

For the Gold subindustry, Steppe Gold'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.


Steppe Gold's Price-to-Projected-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Steppe Gold's Price-to-Projected-FCF distribution charts can be found below:

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



Steppe Gold 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 Steppe Gold's Free Cash Flow(6 year avg) = $-2.37.

Steppe Gold'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 (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-2.36784+48.589*0.8)/108.110
=0.15

* 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.


Steppe Gold  (OTCPK:STPGF) 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.

Steppe Gold's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=0.463/0.1510362656277
=3.07

* 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.


Steppe Gold Intrinsic Value: Projected FCF Related Terms

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


Steppe Gold (Steppe Gold) Business Description

Traded in Other Exchanges
Address
Shangri-La office, Olympic street 19A, Suite 1201, Sukhbaatar District 1, Ulaanbaatar, MNG, 14241
Steppe Gold Ltd is a precious metals exploration and development company focused on opportunities in Mongolia. The company's commercially producing mine is the Altan Tsagaan Ovoo Property (the "ATO Project" or "ATO Mine"), located in Eastern Mongolia. The Company generates revenue from the sale of gold and silver , also majority of the company's revenue is derived from the sale of gold in Mongolia at spot rate.

Steppe Gold (Steppe Gold) Headlines

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