Fidelity Emerging Markets (CHIX:FEMLL) Intrinsic Value: Projected FCF: £21.38 (As of Sep. 04, 2026)

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CHIX:FEMLL Fidelity Emerging Markets Ltd CHIX:FEMLL
28 GF Score
Price £14.76
! 4 Warning Signs
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What is Fidelity Emerging Markets Intrinsic Value: Projected FCF?

Fidelity Emerging Markets CHIX:FEMLL -0.34% 28 Intrinsic Value: Projected FCF is £21.38 as of Sep. 04, 2026. GuruFocus rates CHIX:FEMLL with a GF Score™ of 28/100. The stock has 4 warning signs investors should review. Among 1,216 Asset Management companies, Fidelity Emerging Markets ranks better than 64.97% 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 (2026-09-04), Fidelity Emerging Markets's Intrinsic Value: Projected FCF is £21.38. The stock price of Fidelity Emerging Markets is £14.76. Therefore, Fidelity Emerging Markets's Price-to-Intrinsic-Value-Projected-FCF of today is 0.7.

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

CHIX:FEMLl' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.37   Med: 0.87   Max: 1.07
Current: 0.69

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Fidelity Emerging Markets was 1.07. The lowest was 0.37. And the median was 0.87.

CHIX:FEMLl's Price-to-Projected-FCF is ranked better than
64.97% of 1216 companies
in the Asset Management industry
Industry Median: 0.9 vs CHIX:FEMLl: 0.69

Fidelity Emerging Markets  (CHIX:FEMLl) 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.

Fidelity Emerging Markets's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=14.76/21.322469498986
=0.69

* 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.


Fidelity Emerging Markets Intrinsic Value: Projected FCF Related Terms


Fidelity Emerging Markets Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Fidelity Emerging Markets'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.

Fidelity Emerging Markets Intrinsic Value: Projected FCF Chart

Fidelity Emerging Markets Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 15.79 21.27

Fidelity Emerging Markets Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 15.79 0.00 21.27 0.00

CHIX:FEMLL vs BLK, BX, KKR: Intrinsic Value: Projected FCF Comparison

For the Asset Management subindustry, Fidelity Emerging Markets'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.


Fidelity Emerging Markets Price-to-Projected-FCF vs Asset Management Industry

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

* The bar in red indicates where Fidelity Emerging Markets's Price-to-Projected-FCF falls into.


CHIX:FEMLL
28GF Score
Fidelity Emerging Markets Ltd CHIX:FEMLL
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fidelity Emerging Markets 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 Fidelity Emerging Markets's Free Cash Flow(6 year avg) = £107.84.

Fidelity Emerging Markets'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 (Jun25)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*107.83857142857+568.69*0.8)/69.486
=21.32

* 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 £21.38 mean?
Fidelity Emerging Markets (CHIX:FEMLL) has a Intrinsic Value: Projected FCF of £21.38 as of Sep. 04, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Fidelity Emerging Markets and its competitors. According to the industry distribution chart, Fidelity Emerging Markets ranks #426 out of 1216 companies in the Asset Management industry, placing it in the top 35%.
Is Fidelity Emerging Markets' Intrinsic Value: Projected FCF too high?
Fidelity Emerging Markets' current Intrinsic Value: Projected FCF is £21.38. Based on the distribution chart, Fidelity Emerging Markets ranks #426 out of 1216 companies in the Asset Management industry, which is above the industry midpoint. Overall, Fidelity Emerging Markets has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Fidelity Emerging Markets' Intrinsic Value: Projected FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Fidelity Emerging Markets ranks #426 out of 1216 companies for Intrinsic Value: Projected FCF. This puts Fidelity Emerging Markets in the upper half of its industry. The industry median Intrinsic Value: Projected FCF is 0.90. 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 an Asset Management company?
The median Intrinsic Value: Projected FCF among Asset Management companies is 0.90, based on 1,216 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 Fidelity Emerging Markets and its competitors. For the Asset Management industry, the median Intrinsic Value: Projected FCF is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fidelity Emerging Markets's current Intrinsic Value: Projected FCF is £21.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fidelity Emerging Markets stock overvalued right now?
Fidelity Emerging Markets (CHIX:FEMLL) has a current Intrinsic Value: Projected FCF of £21.38. The current Intrinsic Value: Projected FCF is £21.38. Fidelity Emerging Markets' overall GF Score™ is 28/100 with 4 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 Fidelity Emerging Markets (CHIX:FEMLL), the current Intrinsic Value: Projected FCF is £21.38 as of Sep. 04, 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.

Fidelity Emerging Markets Business Description

Other Exchanges FEML:UK
Address Mill Court La Charroterie, Level 3, St. Peter Port, GGY, GY1 1EJ
Fidelity Emerging Markets Ltd is a closed-ended investment fund. Its investment objective is to achieve long-term capital growth from an actively managed portfolio made up of securities and financial instruments providing exposure to Emerging Market companies, both listed and unlisted.
28GF Score

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

£14.76
Price