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Independence Holding Co (Independence Holding Co) Intrinsic Value: Projected FCF : $0.00 (As of Apr. 26, 2024)


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What is Independence Holding Co 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), Independence Holding Co's Intrinsic Value: Projected FCF is $0.00. The stock price of Independence Holding Co is $57.01. Therefore, Independence Holding Co's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

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

IHC's Price-to-Projected-FCF is not ranked *
in the Insurance industry.
Industry Median: 0.65
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Independence Holding Co Intrinsic Value: Projected FCF Historical Data

The historical data trend for Independence Holding Co'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.

Independence Holding Co Intrinsic Value: Projected FCF Chart

Independence Holding Co 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 -17.24 -18.20 -2.33 18.35 22.54

Independence Holding Co Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 21.13 22.54 24.44 29.82 26.64

Competitive Comparison of Independence Holding Co's Intrinsic Value: Projected FCF

For the Insurance - Life subindustry, Independence Holding Co'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.


Independence Holding Co's Price-to-Projected-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Independence Holding Co's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Independence Holding Co's Price-to-Projected-FCF falls into.



Independence Holding Co 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 Independence Holding Co's Free Cash Flow(6 year avg) = $-6.43.

Independence Holding Co'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 (Sep21)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-6.42784+564.553*0.8)/14.654
=26.64

* 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.


Independence Holding Co  (NYSE:IHC) 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.

Independence Holding Co's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=57.01/26.644404476416
=2.14

* 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.


Independence Holding Co Intrinsic Value: Projected FCF Related Terms

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


Independence Holding Co (Independence Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
96 Cummings Point Road, Stamford, CT, USA, 06902
Independence Holding Co is engaged in the business of life and health insurance. It mainly provides disability and health coverages and related services to commercial and individual customers. The company's principal products include medical stop-loss, fully insured health products, ancillary products, pet insurance and occupational accident and medical health benefits coverages, New York short term disability, group term life, individual life, and annuities. It has business segments that include Specialty Health; Group disability, life, DBL and PFL segment; individual life, annuities and another segment. The company generates maximum revenue from the Specialty Health segment.
Executives
Steven B Lapin director 96 CUMMINGS POINT RD STAMFORD CT 06902
Gary Balzofiore officer: SVP - Specialty Health Ops 485 MADISON AVENUE, NEW YORK NY 10022
Maggi Colleen P. officer: Corporate VP and CFO 96 CUMMINGS POINT ROAD STAMFORD CT 06902
Vincent J. Furfaro director, officer: SVP StrategicCorp. Dev. & CISO 485 MADISON AVE. 14TH FLOOR NEW YORK NY 10022
Ronald I Simon director 485 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10022
Larry Graber director, officer: Sr VP-Life & Annuities 96 CUMMINGS POINT RD STAMFORD CT 06902
James G Tatum director 96 CUMMINGS POINT RD STAMFORD CT 06902
David T Kettig officer: Co-Chief Operating Officer 96 CUMMINGS POINT RD STAMFORD CT 06902
Thung Roy T K director, officer: President and CEO 96 CUMMINGS POINT RD STAMFORD CT 06902
Michael Kemp officer: CUO & SVP C/O STANDARD SECURITY LIFE INSURANCE CO. 485 MADISON AVENUE NEW YORK NY 10022
Geneve Holdings Inc 10 percent owner 96 CUMMINGS POINT RD STAMFORD CT 06902
Teresa A Herbert officer: Sr VP & CFO 96 CUMMINGS POINT RD, STAMFORD CT 06902
Jeffrey C Smedsrud officer: Sr VP&Chief Strategic Officer 8009 34TH AVENUE SOUTH #360 BLOOMINGTON MN 55420
Smh Associates Corp. 10 percent owner 96 CUMMINGS POINT ROAD STAMFORD CT 06902
Argent Investors Management Corp 10 percent owner 96 CUMMINGS POINT ROAD STAMFORD CT 06902

Independence Holding Co (Independence Holding Co) Headlines

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