GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Natuzzi SPA (NYSE:NTZ) » Definitions » Intrinsic Value: Projected FCF

Natuzzi SPA (Natuzzi SPA) Intrinsic Value: Projected FCF : $8.76 (As of Apr. 27, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Natuzzi SPA 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), Natuzzi SPA's Intrinsic Value: Projected FCF is $8.76. The stock price of Natuzzi SPA is $5.90. Therefore, Natuzzi SPA's Price-to-Intrinsic-Value-Projected-FCF of today is 0.7.

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

NTZ' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.67   Med: 1.39   Max: 23.53
Current: 0.67

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Natuzzi SPA was 23.53. The lowest was 0.67. And the median was 1.39.

NTZ's Price-to-Projected-FCF is ranked better than
66.22% of 296 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.06 vs NTZ: 0.67

Natuzzi SPA Intrinsic Value: Projected FCF Historical Data

The historical data trend for Natuzzi SPA'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.

Natuzzi SPA Intrinsic Value: Projected FCF Chart

Natuzzi SPA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.32 6.79 6.74 7.14

Natuzzi SPA Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 8.15 7.14 6.05 9.33 8.76

Competitive Comparison of Natuzzi SPA's Intrinsic Value: Projected FCF

For the Furnishings, Fixtures & Appliances subindustry, Natuzzi SPA'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.


Natuzzi SPA's Price-to-Projected-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Natuzzi SPA's Price-to-Projected-FCF distribution charts can be found below:

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



Natuzzi SPA 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 Natuzzi SPA's Free Cash Flow(6 year avg) = $2.92.

Natuzzi SPA'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 (Sep23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*2.91536+85.912*0.8)/11.0146
=8.76

* 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.


Natuzzi SPA  (NYSE:NTZ) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=5.90/8.7597236603065
=0.67

* 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.


Natuzzi SPA Intrinsic Value: Projected FCF Related Terms

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


Natuzzi SPA (Natuzzi SPA) Business Description

Traded in Other Exchanges
N/A
Address
Via Iazzitiello 47, Santeramo in Colle, Bari, ITA, 70029
Natuzzi SPA is an Italian firm that designs, manufactures, and sells contemporary and traditional leather and fabric-upholstered furniture. Its product portfolio including sofas, loveseats, armchairs, sectional furniture, motion furniture and sofa beds, living room furnishings, and accessories. The company markets its products under several brands such as Natuzzi Italia, Private label, and Natuzzi Editions. Geographically, it derives a majority of revenue from the United States of America and also has an international presence in Italy, Spain, UK, Spain, Spain and Other countries.

Natuzzi SPA (Natuzzi SPA) Headlines