GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bridge Bancorp Inc (NAS:BDGE) » Definitions » Intrinsic Value: Projected FCF

Bridge Bancorp (Bridge Bancorp) Intrinsic Value: Projected FCF : $43.61 (As of May. 05, 2024)


View and export this data going back to 1991. Start your Free Trial

What is Bridge Bancorp 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), Bridge Bancorp's Intrinsic Value: Projected FCF is $43.61. The stock price of Bridge Bancorp is $24.43. Therefore, Bridge Bancorp's Price-to-Intrinsic-Value-Projected-FCF of today is 0.6.

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

BDGE' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.4   Med: 1.02   Max: 2.11
Current: 0.56

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Bridge Bancorp was 2.11. The lowest was 0.40. And the median was 1.02.

BDGE's Price-to-Projected-FCF is not ranked
in the Banks industry.
Industry Median: 0.44 vs BDGE: 0.56

Bridge Bancorp Intrinsic Value: Projected FCF Historical Data

The historical data trend for Bridge Bancorp'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.

Bridge Bancorp Intrinsic Value: Projected FCF Chart

Bridge Bancorp Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.21 33.18 37.39 43.70 -

Bridge Bancorp Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 43.70 42.82 44.04 43.61 -

Competitive Comparison of Bridge Bancorp's Intrinsic Value: Projected FCF

For the Banks - Regional subindustry, Bridge Bancorp'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.


Bridge Bancorp's Price-to-Projected-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bridge Bancorp's Price-to-Projected-FCF distribution charts can be found below:

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



Bridge Bancorp 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 Bridge Bancorp's Free Cash Flow(6 year avg) = $40.46.

Bridge Bancorp'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 (Dec20)*0.8)/Shares Outstanding (Diluted Average)
=(10.407385931648*40.46032+517.831*0.8)/19.574
=42.68

* 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.


Bridge Bancorp  (NAS:BDGE) 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.

Bridge Bancorp's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=24.43/42.676558963828
=0.57

* 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.


Bridge Bancorp Intrinsic Value: Projected FCF Related Terms

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


Bridge Bancorp (Bridge Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2200 Montauk Highway, PO Box 3005, Bridgehampton, NY, USA, 11932
Bridge Bancorp Inc is a holding company. The Bank, through its subsidiary, engages in full-service commercial and consumer banking business, including accepting time, savings and demand deposits from the consumers, businesses and local municipalities in its market area. It services include business checking; business loan and mortgages; cash management; merchant services; title insurance services; foreign exchange services; equipment financing online banking and bill pay.
Executives
Basswood Capital Management, L.l.c. director, 10 percent owner, officer: Director-by-Deputization 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Nathan Lindenbaum 10 percent owner C/O BASSWOOD CAPITAL MANAGEMENT, L.L.C., 645 MADISON AVENUE, NEW YORK NY 10022
Etzioni Partners, Llc 10 percent owner C/O BASSWOOD CAPITAL MANAGEMENT, LLC, 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10598
Raymond A Nielsen director BRIDGE BANCORP INC, 2200 MONTAUK HIGHWAY, BRIDGEHAMPTON NY 11932
Mgs Partners, Llc 10 percent owner C/O BASSWOOD CAPITAL MANAGEMENT, L.L.C, 645 MADISON AVENUE 10TH FLOOR, NEW YORK NY 10022
Basswood Financial Fund, Inc. director, 10 percent owner, other: Director-by-Deputization 3RD FL., HARBOUR CENTRE, P.O. BOX 61, GEORGE TOWN E9 KY1-1102
Bennett D Lindenbaum director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Matthew A Lindenbaum director, 10 percent owner 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Basswood Partners, L.l.c. director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FL, NEW YORK NY 10022
Basswood Co-investment Fund, Ltd. director, 10 percent owner, other: Director-by-Deputization 3RD FLOOR, HARBOUR CENTRE, GEORGETOWN, GRAND CAYMAN E9 KY1-1103
Daniel Rubin director 2200 MONTAUK HIGHWAY, BRIDGEHAMPTON NY 11932
Basswood Enhanced Long Short Fund Lp director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Basswood Enhanced Long Short Gp, Llc director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FL., NEW YORK NY 10022
Basswood Financial Long Only Fund, L.p. director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FL., NEW YORK NY 10022
Basswood Financial Fund, L.p. director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022