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Black Knight (Black Knight) Intrinsic Value: Projected FCF : $31.01 (As of Apr. 26, 2024)


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What is Black Knight 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 (2024-04-26), Black Knight's Intrinsic Value: Projected FCF is $31.01. The stock price of Black Knight is $75.76. Therefore, Black Knight's Price-to-Intrinsic-Value-Projected-FCF of today is 2.4.

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

BKI' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.82   Med: 1.82   Max: 2.44
Current: 2.44

During the past 10 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Black Knight was 2.44. The lowest was 1.82. And the median was 1.82.

BKI's Price-to-Projected-FCF is not ranked
in the Software industry.
Industry Median: 1.59 vs BKI: 2.44

Black Knight Intrinsic Value: Projected FCF Historical Data

The historical data trend for Black Knight'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.

Black Knight Intrinsic Value: Projected FCF Chart

Black Knight Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 22.62 29.15 28.68 30.19

Black Knight Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 30.56 30.19 31.86 31.01 -

Competitive Comparison of Black Knight's Intrinsic Value: Projected FCF

For the Software - Application subindustry, Black Knight'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.


Black Knight's Price-to-Projected-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Black Knight's Price-to-Projected-FCF distribution charts can be found below:

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



Black Knight 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 Black Knight's Free Cash Flow(6 year avg) = $252.27.

Black Knight'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 (Sep23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*252.272+3026.1*0.8)/156.76
=30.76

* 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.


Black Knight  (NYSE:BKI) 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.

Black Knight's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=75.76/30.764213688551
=2.46

* 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.


Black Knight Intrinsic Value: Projected FCF Related Terms

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


Black Knight (Black Knight) Business Description

Industry
Traded in Other Exchanges
N/A
Address
601 Riverside Avenue, Jacksonville, FL, USA, 32204
Black Knight Inc is a technology company that, through its subsidiaries, provides software, data, and analytics solutions to the mortgage and consumer loan, real estate, and capital markets industry. The company's product portfolio includes software solutions to support loan origination, processing and servicing, and data and analytics solutions such as automated valuation models, data integration, risk assessment, among others. Black Knight's business is organized in two segments: software solutions and data/analytics. The majority of revenue comes from the company's software solutions segment, and most of the company's revenue is earned in the United States.
Executives
Joseph M Otting director C/O CIT GROUP INC., 1 CIT DRIVE, #3251-9, LIVINGSTON NJ 07039
Anthony M Jabbour officer: Chief Executive Officer 601 RIVERSIDE AVE, JACKSONVILLE FL 32204
Michele M Meyers officer: Chief Accounting Officer 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32207
John D Rood director 3020 HARTLEY ROAD SUITE 300, JACKSONVILLE FL 32257
Catherine Levinson Burke director C/O NCR CORPORATION, 864 SPRING STREET NW, ATLANTA GA 30308
Michael L Gravelle officer: Corp. Secretary & General Coun 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Kirk T Larsen officer: Chief Financial Officer 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Foley William P Ii director, officer: Chairman FIDELITY NATIONAL FINANCIAL, INC., 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Richard N Massey director 900 S. SHACKLEFORD ROAD, SUITE 401, LITTLE ROCK AR 72211
Nancy L. Shanik director CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., CS119N, STAMFORD CT 06901
Shelley S Leonard officer: Chief Product & Digital Ofcr 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Joseph M Nackashi officer: President LENDER PROCESSING SERVICES, INC., 601 RIVERSIDE AVE., JACKSONVILLE FL 32204
Anthony Orefice officer: Chief Operating Officer C/O BLACK KNIGHT FINANCIAL SERVICES, INC, 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Thomas J. Sanzone officer: Chief Executive Officer BLACK KNIGHT FINANCIAL SERVICES, INC., 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Thl Equity Fund Vi Investors (bkfs-lm), Llc 10 percent owner C/O THOMAS H. LEE PARNTERS, L.P., 100 FEDERAL STREET, 35TH FLOOR, BOSTON MA 02110

Black Knight (Black Knight) Headlines

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