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Security National Financial (Security National Financial) Intrinsic Value: Projected FCF : $21.72 (As of Apr. 29, 2024)


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What is Security National Financial 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 (2024-04-29), Security National Financial's Intrinsic Value: Projected FCF is $21.72. The stock price of Security National Financial is $6.72. Therefore, Security National Financial's Price-to-Intrinsic-Value-Projected-FCF of today is 0.3.

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

SNFCA' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.31   Med: 0.49   Max: 1.25
Current: 0.31

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Security National Financial was 1.25. The lowest was 0.31. And the median was 0.49.

SNFCA's Price-to-Projected-FCF is ranked better than
69.68% of 1217 companies
in the Banks industry
Industry Median: 0.43 vs SNFCA: 0.31

Security National Financial Intrinsic Value: Projected FCF Historical Data

The historical data trend for Security National Financial'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.

Security National Financial Intrinsic Value: Projected FCF Chart

Security National Financial 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 3.77 -6.97 8.96 19.99 21.72

Security National Financial 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 19.99 17.49 15.72 17.95 21.72

Competitive Comparison of Security National Financial's Intrinsic Value: Projected FCF

For the Mortgage Finance subindustry, Security National Financial'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.


Security National Financial's Price-to-Projected-FCF Distribution in the Banks Industry

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

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



Security National Financial 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 Security National Financial's Free Cash Flow(6 year avg) = $24.95.

Security National Financial'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)
=(9.6517283697394*24.95152+312.895*0.8)/22.611
=21.72

* 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.


Security National Financial  (NAS:SNFCA) 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.

Security National Financial's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=6.72/21.721343304238
=0.31

* 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.


Security National Financial Intrinsic Value: Projected FCF Related Terms

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


Security National Financial (Security National Financial) Business Description

Traded in Other Exchanges
Address
433 West Ascension Way, Salt Lake City, UT, USA, 84123
Security National Financial Corp is engaged in the life insurance, cemetery and mortuary, and mortgage loan businesses. The life insurance segment is engaged in the business of selling and servicing selected lines of life insurance, annuity products, and accident and health insurance. Its cemetery and mortuary segment consists of approximately seven mortuaries and five cemeteries in the state of Utah and a cemetery in the state of California. The mortgage loan segment originates and underwrites or otherwise purchases residential and commercial loans for new construction, existing homes, and real estate projects. Geographically all the business activity is functioned through the region of the USA and it derives the majority of revenue from Mortgage segment.
Executives
Gilbert A Fuller director 55 WANDERWOOD WAY, SANDY UT 84092
Jeffrey Russell Stephens officer: General Counsel, Corporate Sec 38 NORTHRIDGE WAY, SANDY UT 84092
Howard Craig Moody director 11892 SOUTH BROOKGLEN DRIVE, SANDY UT 84092
Jason G. Overbaugh director, officer: VP, Asst. Corp Sec. 13471 SOUTH TUSCALEE WAY, DRAPER UT 84020
Ludmya B Love director 913 WEST GROUSE CIRCLE, SARATOGA SPRINGS UT 84045
Shital Ashok Mehta director 59 N SANTA CRUZ AVENUE, STE Y, LOS GATOS CA 95030
Norman G Wilbur director 2637 MUSTANG DRIVE, MEAD CO 80542
Garrett S. Sill officer: Acting CFO 2463 SOUTH 1375 WEST, SYRACUSE UT 84075
Adam George Quist officer: VP Mem Serv Asst Sec. Gen Con 4057 SOUTH OLIVIA VIEW LANE, SALT LAKE CITY UT 84107
Scott M Quist director, officer: Pres., Chief Operating Officer 7 WANDERWOOD WAY, SANDY UT 84092
Stephen Charles Johnson officer: VP of Mortgage Operations 886 SOUTH ROUECHE LANE, KAYSVILLE UT 84037
Jordan Capital Am, Llc 10 percent owner 3500 PIEDMONT RD NE, SUITE 330, ATLANTA GA 30305
John L Cook director 2424 SUMMER OAK CIRCLE, SANDY UT 84092
S. Andrew Quist director, officer: VP and Assoc General Counsel 272 EAST BROADLEAF CIRCLE, DRAPER UT 84020
Beckstead Jack Lynn Jr director, officer: V.P. Mortgage Operations 190 NORTH MATTERHORN DRIVE, ALPINE UT 84004