GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Fraport AG (OTCPK:FPRUY) » Definitions » Intrinsic Value: Projected FCF

Fraport AG (Fraport AG) Intrinsic Value: Projected FCF : $9.93 (As of Apr. 27, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Fraport AG 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 (2024-04-27), Fraport AG's Intrinsic Value: Projected FCF is $9.93. The stock price of Fraport AG is $23.99. Therefore, Fraport AG's Price-to-Intrinsic-Value-Projected-FCF of today is 2.4.

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

FPRUY' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.84   Med: 1.52   Max: 3.08
Current: 2.42

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Fraport AG was 3.08. The lowest was 0.84. And the median was 1.52.

FPRUY's Price-to-Projected-FCF is ranked worse than
84.84% of 699 companies
in the Transportation industry
Industry Median: 0.84 vs FPRUY: 2.42

Fraport AG Intrinsic Value: Projected FCF Historical Data

The historical data trend for Fraport AG'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.

Fraport AG Intrinsic Value: Projected FCF Chart

Fraport AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.20 24.62 16.69 14.19 10.67

Fraport AG 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 14.19 12.54 12.43 13.68 10.67

Competitive Comparison of Fraport AG's Intrinsic Value: Projected FCF

For the Airports & Air Services subindustry, Fraport AG'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.


Fraport AG's Price-to-Projected-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Fraport AG's Price-to-Projected-FCF distribution charts can be found below:

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



Fraport AG 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 Fraport AG's Free Cash Flow(6 year avg) = $-212.78.

Fraport AG'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*-212.78352+4709.597*0.8)/184.043
=9.46

* 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.


Fraport AG  (OTCPK:FPRUY) 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.

Fraport AG's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=23.99/9.4646559541683
=2.53

* 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.


Fraport AG Intrinsic Value: Projected FCF Related Terms

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


Fraport AG (Fraport AG) Business Description

Industry
Address
Frankfurt Airport Services Worldwide, Frankfurt am Main, HE, DEU, 60547
Fraport AG is a German airport operator. The company derives the majority of income domestically, principally through the operation of the Frankfurt airport. Fraport is organized into four segments: aviation, retail and real estate, ground handling, and International activities and services. Aviation, the largest contributor to revenue, includes terminal management, corporate safety, and airport security management. The retail and real estate segment involves retailing, parking lot operations, and renting areas at its airport sites. The ground handling segment provides ground infrastructure services to Fraport's airports. The International activities and services segment includes IT and telecommunication services, and facility and infrastructure management.