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Multi-Fineline Electronix (Multi-Fineline Electronix) Intrinsic Value: Projected FCF : $0.00 (As of Apr. 26, 2024)


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What is Multi-Fineline Electronix 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), Multi-Fineline Electronix's Intrinsic Value: Projected FCF is $0.00. The stock price of Multi-Fineline Electronix is $23.09. Therefore, Multi-Fineline Electronix's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Multi-Fineline Electronix's Intrinsic Value: Projected FCF or its related term are showing as below:

MFLX's Price-to-Projected-FCF is not ranked *
in the Hardware industry.
Industry Median: 1.4
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Multi-Fineline Electronix Intrinsic Value: Projected FCF Historical Data

The historical data trend for Multi-Fineline Electronix'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.

Multi-Fineline Electronix Intrinsic Value: Projected FCF Chart

Multi-Fineline Electronix Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Dec15
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.76 20.38 20.44 14.42 17.06

Multi-Fineline Electronix Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 14.42 12.70 13.96 17.06 15.71

Competitive Comparison of Multi-Fineline Electronix's Intrinsic Value: Projected FCF

For the Electronic Components subindustry, Multi-Fineline Electronix'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.


Multi-Fineline Electronix's Price-to-Projected-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where Multi-Fineline Electronix's Price-to-Projected-FCF falls into.



Multi-Fineline Electronix 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 Multi-Fineline Electronix's Free Cash Flow(6 year avg) = $13.23.

Multi-Fineline Electronix'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 (Mar16)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*13.2288+351.674*0.8)/24.610
=16.55

* 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.


Multi-Fineline Electronix  (NAS:MFLX) 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.

Multi-Fineline Electronix's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=23.09/16.549452547448
=1.40

* 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.


Multi-Fineline Electronix Intrinsic Value: Projected FCF Related Terms

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Multi-Fineline Electronix (Multi-Fineline Electronix) Business Description

Traded in Other Exchanges
N/A
Address
Multi-Fineline Electronix Inc was incorporated in October 1984 in the State of California and reincorporated in the state of Delaware on June 4, 2004. The Company is engaged in the engineering, design and manufacture of flexible printed circuit boards along with related component assemblies. With facilities in Irvine, California; Suzhou, China; Chengdu, China; Cambridge, England; Korea; Taiwan; and Singapore, it offers service and support base for the sale, design and manufacture of flexible interconnect solutions. It is also a provider of technologically, flexible printed circuits and value-added component assembly solutions to the electronics industry. Current application products include mobile phones, smartphones, tablets, personal computers, consumer products, portable bar code scanners, computer/data storage and medical devices. The Company provides solutions to original equipment manufacturers (OEMs), such as Apple Inc., and to electronic manufacturing services ("EMS") providers such as Foxconn Electronics, Inc. The Company's business model and the way it approaches the markets which it serves, is based on value added engineering and providing technology solutions to its customers, facilitating the miniaturization of portable electronics. The Company is a provider of single, double-sided, multi-layer and air-gapped flexible printed circuit technology, component assemblies and rigid-flex circuits. Its customers include OEMs and EMS providers in a sector of the electronics industry. It competes with a number of Asian providers, such as Nippon Mektron Ltd., Interflex Co. Ltd., Zhen Ding Technology Holding Ltd., HI-P (Shanghai) Technology Co. Ltd., Career Technology (MFG) Co. Ltd., Flexium Interconnect, Inc., Sumitomo Electric Industries Ltd., and Fujikura Ltd.
Executives
Thomas D Kampfer officer: EVP & Chief Financial Officer C/O COHU, INC., 12367 CROSTHWAITE CIRCLE, POWAY CA 92128
Philippe Lemaitre director 7456 16TH STREET EAST, SARASOTA FL 34243
Donald K Schwanz director 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
Thomas Liguori officer: EVP & CFO ADVANCED ENERGY INDUSTRIES, INC., 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Benjamin Duster director 200 E. 84ST, 8TH FLOOR, NEW YORK NY 10028
Michael Roth 10 percent owner 3600 SOUTH LAKE DRIVE, ST. FRANCIS WI 53235
Brian Jay Stark 10 percent owner 3600 SOUTH LAKE DRIVE, ST. FRANCIS WI 53235
Peter Blackmore director UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502

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