Service Stream (ASX:SSM) Intrinsic Value: Projected FCF: A$2.25 (As of Aug. 25, 2026)

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Director of Data and Quant Analytics at GuruFocus
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ASX:SSM Service Stream Ltd ASX:SSM
86 GF Score
Price A$2.53
GF Value A$1.75
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Service Stream Intrinsic Value: Projected FCF?

Service Stream ASX:SSM -1.56% 86 Intrinsic Value: Projected FCF is A$2.25 as of Aug. 25, 2026. GuruFocus rates ASX:SSM with a GF Score™ of 86/100 and a GF Value™ of A$1.75 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,218 Construction companies, Service Stream ranks worse than 57.06% on this metric.

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 (2026-08-25), Service Stream's Intrinsic Value: Projected FCF is A$2.25. The stock price of Service Stream is A$2.53. Therefore, Service Stream's Price-to-Intrinsic-Value-Projected-FCF of today is 1.1.

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

ASX:SSM' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.37   Med: 0.94   Max: 1.83
Current: 1.12

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Service Stream was 1.83. The lowest was 0.37. And the median was 0.94.

ASX:SSM's Price-to-Projected-FCF is ranked worse than
57.06% of 1218 companies
in the Construction industry
Industry Median: 0.95 vs ASX:SSM: 1.12

Service Stream  (ASX:SSM) 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.

Service Stream's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=2.53/2.2529617291511
=1.12

* 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.


Service Stream Intrinsic Value: Projected FCF Related Terms


Service Stream Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Service Stream'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.

Service Stream Intrinsic Value: Projected FCF Chart

Service Stream Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.63 1.51 1.63 1.90 2.25

Service Stream Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 1.63 0.00 1.90 0.00 2.25

ASX:SSM vs PWR, FIX, EME: Intrinsic Value: Projected FCF Comparison

For the Engineering & Construction subindustry, Service Stream'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.


Service Stream Price-to-Projected-FCF vs Construction Industry

For the Construction industry and Industrials sector, Service Stream's Price-to-Projected-FCF distribution charts can be found below:

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


ASX:SSM
86GF Score
Service Stream Ltd ASX:SSM
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Service Stream 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 Service Stream's Free Cash Flow(6 year avg) = A$73.49.

Service Stream'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 (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(13.503042164971*73.485142857143+521.641*0.8)/625.659
=2.25

* 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.

What does a Intrinsic Value: Projected FCF of A$2.25 mean?
Service Stream (ASX:SSM) has a Intrinsic Value: Projected FCF of A$2.25 as of Aug. 25, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Service Stream and its competitors. According to the industry distribution chart, Service Stream ranks #695 out of 1218 companies in the Construction industry, placing it in the top 57.1%.
Is Service Stream's Intrinsic Value: Projected FCF too high?
Service Stream's current Intrinsic Value: Projected FCF is A$2.25. Based on the distribution chart, Service Stream ranks #695 out of 1218 companies in the Construction industry, which is below the industry midpoint. Overall, Service Stream has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Service Stream's Intrinsic Value: Projected FCF compare to PWR and FIX?
According to the Construction industry distribution chart, Service Stream ranks #695 out of 1218 companies for Intrinsic Value: Projected FCF. This places Service Stream in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.95. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Construction company?
The median Intrinsic Value: Projected FCF among Construction companies is 0.95, based on 1,218 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Service Stream and its competitors. For the Construction industry, the median Intrinsic Value: Projected FCF is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Service Stream's current Intrinsic Value: Projected FCF is A$2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Service Stream stock overvalued right now?
Based on GuruFocus' analysis, Service Stream (ASX:SSM) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.75, compared to a current price of A$2.53 — trading 44.6% above its estimated fair value. The current Intrinsic Value: Projected FCF is A$2.25. Service Stream's overall GF Score™ is 86/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Service Stream (ASX:SSM), the current Intrinsic Value: Projected FCF is A$2.25 as of Aug. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Service Stream (ASX:SSM) Overvalued in 2026?

Based on GuruFocus' analysis, Service Stream stock appears to be overvalued. The current stock price of A$2.53 is trading 44.6% above its estimated GF Value™ of A$1.75. GuruFocus considers Service Stream to be Significantly Overvalued.

Key valuation signals for ASX:SSM:

  • Intrinsic Value: Projected FCF: A$2.25
  • GF Value™: A$1.75 vs. price of A$2.53 (44.6% above fair value)
  • GF Score™: 86/100 with 5 warning signs

No single metric tells the full story. See the ASX:SSM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Service Stream Business Description

Other Exchanges UFY:Germany
Address 655 Collins Street, Level 5, Docklands, VIC, AUS, 3008
Service Stream Ltd is engaged in the provision of telecommunications and network services. Its segments are Telecommunications, Transport, and Utilities. The Telecommunications segment provides a range of operations, maintenance, installation, design, and construction services to the owners of fixed-line and wireless telecommunication networks in Australia. Transport provides long-term operational support and maintenance services to public and private road and tunnel asset owners. The utilities segment provides operations, maintenance, design, and construction services, specialist metering, new energy, and inspection services to gas, water, and electricity network owners, among others. It generates revenue from the Telecommunications segment.
86GF Score

Get the complete analysis for ASX:SSM

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$2.53
Price
A$1.75
GF Value