GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Taqa Morocco SA (CAS:TQM) » Definitions » Intrinsic Value: Projected FCF

Taqa Morocco (CAS:TQM) Intrinsic Value: Projected FCF : MAD896.77 (As of May. 04, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Taqa Morocco 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 (2024-05-04), Taqa Morocco's Intrinsic Value: Projected FCF is MAD896.77. The stock price of Taqa Morocco is MAD1381.00. Therefore, Taqa Morocco's Price-to-Intrinsic-Value-Projected-FCF of today is 1.5.

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

CAS:TQM' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.17   Med: 1.45   Max: 8.13
Current: 1.54

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Taqa Morocco was 8.13. The lowest was 1.17. And the median was 1.45.

CAS:TQM's Price-to-Projected-FCF is ranked worse than
70.98% of 224 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.91 vs CAS:TQM: 1.54

Taqa Morocco Intrinsic Value: Projected FCF Historical Data

The historical data trend for Taqa Morocco'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.

Taqa Morocco Intrinsic Value: Projected FCF Chart

Taqa Morocco Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 616.87 640.48 783.15 896.51 896.77

Taqa Morocco Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 896.51 - 896.77 -

Competitive Comparison of Taqa Morocco's Intrinsic Value: Projected FCF

For the Utilities - Independent Power Producers subindustry, Taqa Morocco'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.


Taqa Morocco's Price-to-Projected-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Taqa Morocco's Price-to-Projected-FCF distribution charts can be found below:

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



Taqa Morocco 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 Taqa Morocco's Free Cash Flow(6 year avg) = MAD1,698.62.

Taqa Morocco'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 (Dec22)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*1698.6201428571+6225.893*0.8)/23.587
=896.77

* 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.


Taqa Morocco  (CAS:TQM) 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.

Taqa Morocco's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=1381.00/896.77260304354
=1.54

* 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.


Taqa Morocco Intrinsic Value: Projected FCF Related Terms

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


Taqa Morocco (CAS:TQM) Business Description

Traded in Other Exchanges
N/A
Address
B.P. 99 - Sidi Bouzid, PK23, Route regionale 301, Centrale Thermique de Jorf Lasfar, Commune Moulay Abdellah, El Jadida, MAR
Taqa Morocco SA is a producer of electricity in Morocco. The company provides associated activities in the oil and gas sectors, the storage of the oil and gas products, electricity and water as well as transport infrastructure across Canada, Ghana, India, Iraq, Morocco, the Netherlands, Oman, Saudi Arabia, the United Arab Emirates, the United Kingdom, and the United States.

Taqa Morocco (CAS:TQM) Headlines

No Headlines