GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Commerzbank AG (OTCPK:CRZBY) » Definitions » Intrinsic Value: Projected FCF

Commerzbank AG (Commerzbank AG) Intrinsic Value: Projected FCF : $50.80 (As of Apr. 25, 2024)


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

What is Commerzbank AG 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 (2024-04-25), Commerzbank AG's Intrinsic Value: Projected FCF is $50.80. The stock price of Commerzbank AG is $15.03. Therefore, Commerzbank AG's Price-to-Intrinsic-Value-Projected-FCF of today is 0.3.

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

CRZBY' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.05   Med: 0.1   Max: 25.18
Current: 0.3

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Commerzbank AG was 25.18. The lowest was 0.05. And the median was 0.10.

CRZBY's Price-to-Projected-FCF is ranked better than
72.7% of 1216 companies
in the Banks industry
Industry Median: 0.44 vs CRZBY: 0.30

Commerzbank AG Intrinsic Value: Projected FCF Historical Data

The historical data trend for Commerzbank AG'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.

Commerzbank AG Intrinsic Value: Projected FCF Chart

Commerzbank AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.30 121.41 106.50 97.51 51.79

Commerzbank AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 97.51 77.90 62.53 37.30 51.79

Competitive Comparison of Commerzbank AG's Intrinsic Value: Projected FCF

For the Banks - Regional subindustry, Commerzbank AG'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.


Commerzbank AG's Price-to-Projected-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Commerzbank AG's Price-to-Projected-FCF distribution charts can be found below:

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



Commerzbank AG 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 Commerzbank AG's Free Cash Flow(6 year avg) = $3,822.98.

Commerzbank AG'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 (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*3822.97984+34887.677*0.8)/1240.223
=51.85

* 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.


Commerzbank AG  (OTCPK:CRZBY) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=15.03/51.850557376444
=0.29

* 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.


Commerzbank AG Intrinsic Value: Projected FCF Related Terms

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


Commerzbank AG (Commerzbank AG) Business Description

Industry
Address
Kaiserplatz, Frankfurt, HE, DEU, 60261
Commerzbank operates primarily in Europe. Germany contributes about 70% to total income. The bank operates two business segments: private and small-business customers as well as corporate clients. In its private and small-business segment, the group runs its branch business, a mobile bank with a focus on the Polish market, an online broker, and an asset manager for physical assets. Its corporate client business provides cash management and trade finance solutions to small and medium-size enterprises and large corporates.

Commerzbank AG (Commerzbank AG) Headlines

From GuruFocus

Shipping Potential: To Follow or Not to Follow Wilbur Ross?

By Tim Melvin Tim Melvin 08-27-2013

Go Global for Profits

By Tim Melvin Tim Melvin 09-23-2013