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Krispy Kreme Doughnuts (Krispy Kreme Doughnuts) Intrinsic Value: Projected FCF : $0.00 (As of May. 13, 2024)


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What is Krispy Kreme Doughnuts 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 (2024-05-13), Krispy Kreme Doughnuts's Intrinsic Value: Projected FCF is $0.00. The stock price of Krispy Kreme Doughnuts is $21.00. Therefore, Krispy Kreme Doughnuts's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

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

KKD's Price-to-Projected-FCF is not ranked *
in the Restaurants industry.
Industry Median: 1.37
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Krispy Kreme Doughnuts Intrinsic Value: Projected FCF Historical Data

The historical data trend for Krispy Kreme Doughnuts'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.

Krispy Kreme Doughnuts Intrinsic Value: Projected FCF Chart

Krispy Kreme Doughnuts Annual Data
Trend Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.54 5.22 7.70 8.67 10.13

Krispy Kreme Doughnuts Quarterly Data
Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16
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 8.98 9.42 9.76 10.13 10.46

Competitive Comparison of Krispy Kreme Doughnuts's Intrinsic Value: Projected FCF

For the Restaurants subindustry, Krispy Kreme Doughnuts'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.


Krispy Kreme Doughnuts's Price-to-Projected-FCF Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Krispy Kreme Doughnuts's Price-to-Projected-FCF distribution charts can be found below:

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



Krispy Kreme Doughnuts 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 Krispy Kreme Doughnuts's Free Cash Flow(6 year avg) = $32.38.

Krispy Kreme Doughnuts'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 (Apr16)*0.8)/Shares Outstanding (Diluted Average)
=(14.862653310476*32.38048+228.654*0.8)/65.407
=10.15

* 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.


Krispy Kreme Doughnuts  (NYSE:KKD) 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.

Krispy Kreme Doughnuts's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=21.00/10.154617216304
=2.07

* 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.


Krispy Kreme Doughnuts Intrinsic Value: Projected FCF Related Terms

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


Krispy Kreme Doughnuts (Krispy Kreme Doughnuts) Business Description

Traded in Other Exchanges
N/A
Address
Krispy Kreme Doughnuts Inc was incorporated in 1999 in the State of North Carolina. The Company is a retailer and wholesaler of doughnuts, complementary beverages and treats and packaged sweets. The Company's business, which began in 1937, is owning and franchising Krispy Kreme stores. The Company's Original Glazed doughnut is sold and distributed together with complementary products such as coffees and other beverages. The Company's four business segments are Company Stores, Domestic Franchise, International Franchise and KK Supply Chain. The Company Stores segment is comprised of the doughnut shops operated by the Company. These shops sell doughnuts and complementary products through the on-premises and wholesale channels and come in two formats: factory stores and satellite shops. Factory stores have a doughnut-making production line, and many of them sell products through both on-premises and wholesale channels to more fully utilize production capacity. Factory stores also include commissaries which serve only wholesale customers. Satellite shops, which serve only on-premises customers, are smaller than factory stores, and include the hot shop and fresh shop formats. The Domestic Franchise segment consists of the Company's domestic store franchise operations. Domestic franchise stores sell doughnuts and complementary products through the on-premises and wholesale channels in the same way and using the same store formats as do Company stores. The International Franchise segment consists of the Company's international store franchise operations. International franchise stores sell doughnuts and complementary products almost exclusively through the on-premises sales channel using shop formats similar to those used in the United States, and also using a kiosk format. A portion of sales by the franchisees in Canada, the United Kingdom and Australia are made to wholesale customers. The KK Supply Chain segment produces doughnut mixes and manufactures doughnut-making equipment, which all factory stores, both Company and franchise, are required to purchase. In addition, KK Supply Chain sells other ingredients, packaging and supplies, mainly to Company-owned and domestic franchise stores. The Company competes for sales with many sweet treats, including those producers, such as Dolly Madison, Entenmanns, Little Debbie, Sara Lee, and regional brands. The Company is subject to federal, state and local environmental laws and regulations.
Executives
Tim E Bentsen director 5 CONCOURSE PARKWAY, SUITE 2650, ATLANTA GA 30328
Andrew J Schindler director 1301 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Charles A Blixt director 1301 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Lynn Crump Caine director 370 KNOLLWOOD STREET, SUITE 500, WINSTON-SALEM NC 27103
Lizanne Thomas director 1420 PEACHTREE STREET NE, SUITE 800, ATLANTA GA 30309
Anthony N Thompson director, officer: President and CEO P.O. BOX 99900, LOUISVILLE KY 40269
Cooper George Price Iv officer: EVP & CFO 6040 DUTCHMANS LANE, LOUISVILLE KY 40205
James H Morgan director PO BOX 1012 121 W TRADE STREET, STE 1500, CHARLOTTE NC 28201
Darryl R. Marsch officer: SVP & General Counsel 370 KNOLLWOOD STREET, SUITE 500, WINSTON-SALEM NC 27103
Michael H Sutton director C/O ALLEGHENY ENERGY, INC., 800 CABIN HILL DRIVE, GREENSBURG PA 15601
West Togo D Jr director 370 KNOLLWOOD ST, STE 500, WINSTON-SALEM NC 27103
Jeffrey B Welch officer: Senior Vice President 111 N. CANAL, SUITE 850, CHICAGO IL 60606
Robert P Stiller 10 percent owner 515 N. FLAGLER DR., SUITE 1702, WEST PALM BEACH FL 33401
Kenneth A May officer: President and COO 13155 NOEL ROAD, SUITE 1600, THREE GALLERIA TOWER, DALLAS TX 75240
Daryl G Brewster director, officer: President & CEO KRISPY KREME DOUGHNUTS, INC., 370 KNOLLWOOD STREET, SUITE 500, WINSTON-SALEM NC 27103

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