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Micropac Industries (Micropac Industries) Intrinsic Value: Projected FCF : $1.21 (As of Apr. 28, 2024)


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What is Micropac Industries 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 (2024-04-28), Micropac Industries's Intrinsic Value: Projected FCF is $1.21. The stock price of Micropac Industries is $13.75. Therefore, Micropac Industries's Price-to-Intrinsic-Value-Projected-FCF of today is 11.4.

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

MPAD' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.68   Med: 0.89   Max: 11.36
Current: 11.36

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Micropac Industries was 11.36. The lowest was 0.68. And the median was 0.89.

MPAD's Price-to-Projected-FCF is ranked worse than
95.47% of 1632 companies
in the Hardware industry
Industry Median: 1.4 vs MPAD: 11.36

Micropac Industries Intrinsic Value: Projected FCF Historical Data

The historical data trend for Micropac Industries'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.

Micropac Industries Intrinsic Value: Projected FCF Chart

Micropac Industries Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.91 12.69 10.55 4.56 1.46

Micropac Industries Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 4.28 3.14 2.70 1.46 1.21

Competitive Comparison of Micropac Industries's Intrinsic Value: Projected FCF

For the Electronic Components subindustry, Micropac Industries'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.


Micropac Industries's Price-to-Projected-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Micropac Industries's Price-to-Projected-FCF distribution charts can be found below:

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



Micropac Industries 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 Micropac Industries's Free Cash Flow(6 year avg) = $-2.45.

Micropac Industries'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 (Feb24)*0.8)/Shares Outstanding (Diluted Average)
=(10.195616806174*-2.45408+35.226*0.8)/2.610
=1.21

* 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.


Micropac Industries  (OTCPK:MPAD) 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.

Micropac Industries's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=13.75/1.2107052522236
=11.36

* 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.


Micropac Industries Intrinsic Value: Projected FCF Related Terms

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


Micropac Industries (Micropac Industries) Business Description

Traded in Other Exchanges
N/A
Address
905 East Walnut Street, Garland, TX, USA, 75040
Micropac Industries Inc manufactures and distributes a range of hybrid microelectronic circuits, solid-state relays (SSRs), power controllers, and optoelectronic components and assemblies. Its products are used as components in a range of military, space, and industrial systems, including aircraft instrumentation and navigation systems, power supplies, electronic controls, computers, medical devices, and high-temperature products. The company's core technology is the packaging and interconnecting of multi-chip microelectronics modules. Other technologies include light-emitting, and light-sensitive materials and products, including light-emitting diodes (LEDs) and silicon phototransistors used in the company's optoelectronic components and assemblies.
Executives
Mark W King director, officer: Chief Executive Officer 2905 WYNDHAM LANE, RICHARDSON TX 75082
Richard K Hoesterey director 7852 LA COSA DRIVE, DALLAS TX 75248
Eugene A. Robinson director 1200 LAKE POINT CIRCLE, MCKINNEY TX 75070
Heinz-werner Hempel director, 10 percent owner AM WALL 127 D-281951, BREMEN 2M 00000
Micropac Industries, Inc. 10 percent owner AM WALL 127 D-281951 1, BREMEN 2M 00000
Patrick Cefalu officer: CFO 8706 ARBORSIDE, ROWLETT TX 75089
Wood Connie J. director 877 FM 2948, COMO TX 75431
H. Kent Hearn director 1409 BRIAR HOLLOW, GARLAND TX 75043

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