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Seagate Technology Holdings (Seagate Technology Holdings) Intrinsic Value: Projected FCF

: $40.96 (As of Today)
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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 (2024-04-19), Seagate Technology Holdings's Intrinsic Value: Projected FCF is $40.96. The stock price of Seagate Technology Holdings is $83.87. Therefore, Seagate Technology Holdings's Price-to-Intrinsic-Value-Projected-FCF of today is 2.1.

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

STX' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.34   Med: 0.85   Max: 2.08
Current: 2.05

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Seagate Technology Holdings was 2.08. The lowest was 0.34. And the median was 0.85.

STX's Price-to-Projected-FCF is ranked worse than
66.03% of 1616 companies
in the Hardware industry
Industry Median: 1.36 vs STX: 2.05

Seagate Technology Holdings Intrinsic Value: Projected FCF Historical Data

The historical data trend for Seagate Technology Holdings'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.

Seagate Technology Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Intrinsic Value: Projected FCF
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.49 57.54 57.30 69.91 45.77

Seagate Technology Holdings 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 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 Premium Member Only Premium Member Only Premium Member Only 55.68 48.16 45.77 41.93 40.96

Competitive Comparison

For the Computer Hardware subindustry, Seagate Technology Holdings'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.


Seagate Technology Holdings Price-to-Projected-FCF Distribution

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

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



Seagate Technology Holdings 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 Seagate Technology Holdings's Free Cash Flow(6 year avg) = $1,137.28.

Seagate Technology Holdings'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*1137.28+-1814/0.8)/209.000
=40.96

* 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.


Seagate Technology Holdings  (NAS:STX) 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.

Seagate Technology Holdings's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=83.87/40.956007000282
=2.05

* 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.


Seagate Technology Holdings Intrinsic Value: Projected FCF Related Terms

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


Seagate Technology Holdings (Seagate Technology Holdings) Business Description

Address
38/39 Fitzwilliam Square, Dublin, IRL, D02 NX53
Seagate is a leading supplier of hard disk drives for data storage to the enterprise and consumer markets. It forms a practical duopoly in the market with its chief rival, Western Digital; they are both vertically integrated.
Executives
Ban Seng Teh officer: SVP, Sales 47488 KATO ROAD, FREMONT CA 94538
Katherine Schuelke officer: SVP, CLO & Corporate Secretary 47488 KATO ROAD, FREMONT CA 94538
John Christopher Morris officer: SVP, HDD & SDD Products & CTO 1280 DISC DRIVE, SHAKOPEE MN 55379
William D Mosley officer: President & COO SEAGATE TECHNOLOGY, 47488 KATO ROAD, FREMONT CA 94538
Gianluca Romano officer: EVP & CFO 47488 KATO ROAD, FREMONT CA 94538
Dylan G. Haggart director ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129
Edward J Zander director MOTOROLA, INC., 1303 E. ALGONQUIN ROAD, SCHAUMBURG IL 60196
Kian Fatt Chong officer: SVP, Global Operations AVE 5, WOODLANDS U0 121
Jeffrey D. Nygaard officer: Executive Vice President 47488 KATO ROAD, FREMONT CA 94538
Robert A Bruggeworth director C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Richard L Clemmer director P O BOX 34552, LAS VEGAS NV 89129
Stephen J Luczo director, officer: Chairman and CEO
Jay L Geldmacher director 5810 VAN ALLEN WAY, CARLSBAD CA 92008
Yolanda Lee Conyers director 47488 KATO ROAD, FREMONT CA 94538
Stephanie Tilenius director C/O IRONPLANET, INC., 4695 CHABOT DRIVE, SUITE 102, PLEASANTON CA 94588