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Korea Fund (Korea Fund) Intrinsic Value: Projected FCF : $0.00 (As of Jun. 08, 2024)


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What is Korea Fund 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 (2024-06-08), Korea Fund's Intrinsic Value: Projected FCF is $0.00. The stock price of Korea Fund is $23.62. Therefore, Korea Fund's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

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

KF's Price-to-Projected-FCF is not ranked *
in the Asset Management industry.
Industry Median: 0.94
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Korea Fund Intrinsic Value: Projected FCF Historical Data

The historical data trend for Korea Fund'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.

Korea Fund Intrinsic Value: Projected FCF Chart

Korea Fund Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Intrinsic Value: Projected FCF
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Korea Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - - - - -

Competitive Comparison of Korea Fund's Intrinsic Value: Projected FCF

For the Asset Management subindustry, Korea Fund'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.


Korea Fund's Price-to-Projected-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Korea Fund's Price-to-Projected-FCF distribution charts can be found below:

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



Korea Fund 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)



Korea Fund  (NYSE:KF) 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.

Korea Fund's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=23.62/
=

* 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.


Korea Fund Intrinsic Value: Projected FCF Related Terms

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Korea Fund (Korea Fund) Business Description

Traded in Other Exchanges
N/A
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
Korea Fund Inc is a closed-end, non-diversified management investment company. Its investment objective is to seek long-term capital appreciation through investment in securities, equity securities, of Korean companies. Its portfolio consists of the different sectors such as the auto components, banks, beverages, chemicals, aerospace and defense, insurance, machinery, and others.
Executives
Yan Hu director 60 VICTORIA EMBANKMENT, LONDON X0 EC4Y 0JP
Simon James Crinage officer: See Remarks 60 VICTORIA EMBANKMENT, LONDON X0 EC4Y 0JP
Stephen M Ungerman officer: Chief Compliance Officer 270 PARK AVENUE, NEW YORK NY 10017
Neil S Martin officer: See Remarks 60 VICTORIA EMBANKMENT, LONDON X0 EC4Y0JP
Jpmorgan Asset Management (asia Pacific) Ltd other: See Explanation of Response 8 CONNAUGHT ROAD CENTRAL, 21ST FLOOR, CHATER HOUSE, HONG KONG K3 999077
Ayaz Hatim Ebrahim other: See Explanation of Response 21/F CHATER HOUSE, 8 CONNAUGHT ROAD CENTRAL, HONG KONG K3 852
Carmine Lekstutis officer: Chief Legal Officer 4 NEW YORK PLAZA, FLOOR 19, NEW YORK NY 10004
Paul Francis Winship officer: Vice President & Secretary 60 VICTORIA EMBANKMENT, LONDON X0 EC4Y OJP
John Wonki Cho other: See Explanation of Response 21/F CHATER HOUSE, 8 CONNAUGHT ROAD, CENTRAL K3 HK
Matthew J Sippel director 1633 BROADWAY, NEW YORK NY 10019
Chung Jun Yun other: Portfolio Manager 1633 BROADWAY, NEW YORK NY 10019
Gem Pushpaharan other: Affiliated Person 1633 BROADWAY, NEW YORK NY 10019
John Viggiano other: Affiliated Person 1633 BROADWAY, NEW YORK NY 10019
Angela Borreggine officer: CLO and Secretary C/O ALLIANZ GLOBAL INVESTORS U.S. LLC, 1633 BROADWAY, NEW YORK NY 10019
City Of London Investment Group Plc 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS

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