Switch to:
Telular Corporation (NAS:WRLS)
Intrinsic Value (DCF Projected)
$0.00 (As of Today)

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value (DCF), or Discounted Earnings (DCE) Intrinsic Value (DE) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Discounted 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, Telular Corporation's DCF projected intrinsic value is $0.00. The stock price of Telular Corporation is $12.75. Therefore, Telular Corporation's Price to Intrinsic Value (DCF Projected) Ratio of today is 0.0.

WRLS' s 10-Year Price to Intrinsic Value (DCF Projected) Range
Min: 0   Max: 0
Current: 0

WRLS's Price to Intrinsic Value (DCF Projected) is ranked higher than
71% of the 944 Companies
in the Global Telecom Services industry.

( Industry Median: 3.00 vs. WRLS: 0.00 )

Definition

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value (DCF), or Discounted Earnings (DCE) Intrinsic Value (DE) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Discounted 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 equity.

Value = ((Growth Multiple)*Free Cash Flow(6 year avg) + 0.8*Total Equity(most recent))/Shares Outstanding

In the case of negative total equity, the following formula is used (see the Total Equity section for the reason):

Value = ((Growth Multiple)*Free Cash Flow(6 year avg) + Total Equity(most recent)/0.8)/Shares Outstanding


Here Telular Corporation's FCF(6 year avg) is calculate as

Telular Corporation Quarterly Data

201012201103201106201109201112201203201206201209201212201303
total_freecashflow -0.557.871.964.052.351.883.583.60-1.841.74
200806200809200812200903200906200909200912201003201006201009
total_freecashflow 2.743.081.972.473.88-0.293.022.731.083.19
200706200709200712200803
total_freecashflow 3.44-2.54-3.346.31

Add all the Free Cash Flow together and divide 6 will get Telular Corporation's FCF(6 year avg) = $8.73.

Telular Corporation's DCF Projected Intrinsic Value for today is calculated as

Intrinsic Value=(Growth Multiple*Free Cash Flow(6 year avg)+Total Equity(Mar13)*0.8)/Shares Outstanding
=(14.8626533105*8.73266666667+73.868*0.8)/18.018
=10.48

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

The growth multiple is capped between 8.35 and 17.74.

Total 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 medium after taking the above ideas into consideration. Learn more here.

Telular Corporation's Price to DCF Projected Intrinsic Value Ratio for today is calculated as

Price to DCF Projected Intrinsic Value=Share Price/DCF Projected Intrinsic Value
=12.75/10.4831278245
=1.22

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Intrinsic Value (DE), Intrinsic Value (DCF), Free Cash Flow


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Telular Corporation Annual Data

Sep03Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12
iv_dcf_share 1.081.761.96-0.11-1.04-0.021.354.775.778.37

Telular Corporation Quarterly Data

Dec10Mar11Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13
iv_dcf_share 4.155.005.225.776.636.937.598.378.2710.48
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK