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QAD (QADA) Intrinsic Value: Projected FCF : $12.66 (As of Apr. 26, 2024)


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What is QAD 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), QAD's Intrinsic Value: Projected FCF is $12.66. The stock price of QAD is $87.63. Therefore, QAD's Price-to-Intrinsic-Value-Projected-FCF of today is 6.9.

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

QADA' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.64   Med: 0.95   Max: 6.92
Current: 6.92

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of QAD was 6.92. The lowest was 0.64. And the median was 0.95.

QADA's Price-to-Projected-FCF is not ranked
in the Software industry.
Industry Median: 1.59 vs QADA: 6.92

QAD Intrinsic Value: Projected FCF Historical Data

The historical data trend for QAD'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.

QAD Intrinsic Value: Projected FCF Chart

QAD Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.81 12.25 12.14 11.72 12.51

QAD Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21
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 11.13 11.40 12.51 12.90 12.66

Competitive Comparison of QAD's Intrinsic Value: Projected FCF

For the Software - Application subindustry, QAD'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.


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

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

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



QAD 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 QAD's Free Cash Flow(6 year avg) = $17.96.

QAD'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 (Jul21)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*17.95584+116.502*0.8)/20.872
=12.66

* 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.


QAD  (NAS:QADA) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=87.63/12.655591701844
=6.92

* 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.


QAD Intrinsic Value: Projected FCF Related Terms

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


QAD (QADA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » QAD Inc (NAS:QADA) » Definitions » Intrinsic Value: Projected FCF
Traded in Other Exchanges
N/A
Address
100 Innovation Place, Santa Barbara, CA, USA, 93108
QAD Inc is a leading provider of flexible, cloud-based and on-premise enterprise software and services for global manufacturing companies across automotive, life sciences, consumer products, food and beverage, and industrial markets. The firm operates primarily in the following geographic regions: North America, Latin America, EMEA and the Asia Pacific. The company derives revenue from licensing software solutions, subscriptions to its cloud offerings, and maintenance fees.
Executives
Pamela M Lopker director, 10 percent owner, officer: President 100 INNOVATION PLACE SANTA BARBARA CA 93108
Daniel Lender officer: EVP & CFO 100 INNOVATION PLACE SANTA BARBARA CA 93108
Anton Chilton director, officer: CEO 100 INNOVATION PLACE SANTA BARBARA CA 93108
Kara Bellamy officer: SVP/Chief Accounting Officer 2425 SANTA BARBARA STREET SANTA BARBARA CA 93105
Kathleen M Crusco director C/O CALIX, INC., 1035 N. MCDOWELL BLVD, PETALUMA CA 94954
Cuylenburg Peter Van director P.O. BOX 675151 RANCHO SANTA FE CA 92067
Lee D Roberts director
Scott Joseph Adelson director 1930 CENTURY PARK WEST, LOS ANGELES CA 90067
Leslie Stretch director 4140 DUBLIN BLVD SUITE 400 DUBLIN CA 94568
Karl F Lopker director, 10 percent owner, officer: CEO 100 INNOVATION PLACE SANTA BARBARA CA 93108
Palogic Value Fund, Lp 10 percent owner 5310 HARVEST HILL ROAD, SUITE 110, DALLAS TX 75230
Ryan L. Vardeman 10 percent owner 5310 HARVEST HILL ROAD, SUITE 110, DALLAS TX 75230
Palogic Value Management, L.p. 10 percent owner 5310 HARVEST HILL ROAD, SUITE 110, DALLAS TX 75230
Palogic Capital Management, Llc 10 percent owner 5310 HARVEST HILL ROAD, SUITE 110, DALLAS TX 75230
Gordon Fleming officer: EVP & Chief Marketing Officer 4232 ENCORE DRIVE SANTA BARBARA CA 93110