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FirstMark Horizon Acquisition (FirstMark Horizon Acquisition) Intrinsic Value: Projected FCF : $0.00 (As of May. 30, 2024)


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What is FirstMark Horizon Acquisition 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 (2024-05-30), FirstMark Horizon Acquisition's Intrinsic Value: Projected FCF is $0.00. The stock price of FirstMark Horizon Acquisition is $9.62. Therefore, FirstMark Horizon Acquisition's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

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

FMAC's Price-to-Projected-FCF is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.9
* Ranked among companies with meaningful Price-to-Projected-FCF only.

FirstMark Horizon Acquisition Intrinsic Value: Projected FCF Historical Data

The historical data trend for FirstMark Horizon Acquisition'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.

FirstMark Horizon Acquisition Intrinsic Value: Projected FCF Chart

FirstMark Horizon Acquisition Annual Data
Trend Dec20
Intrinsic Value: Projected FCF
-

FirstMark Horizon Acquisition Semi-Annual Data
Aug20
Intrinsic Value: Projected FCF -

Competitive Comparison of FirstMark Horizon Acquisition's Intrinsic Value: Projected FCF

For the Shell Companies subindustry, FirstMark Horizon Acquisition'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.


FirstMark Horizon Acquisition's Price-to-Projected-FCF Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, FirstMark Horizon Acquisition's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where FirstMark Horizon Acquisition's Price-to-Projected-FCF falls into.



FirstMark Horizon Acquisition 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)



FirstMark Horizon Acquisition  (NYSE:FMAC) 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.

FirstMark Horizon Acquisition's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=9.62/
=

* 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.


FirstMark Horizon Acquisition Intrinsic Value: Projected FCF Related Terms

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


FirstMark Horizon Acquisition (FirstMark Horizon Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
100 5th Avenue, 3rd Floor, New York, NY, USA, 10011
FirstMark Horizon Acquisition Corp is a blank check company.
Executives
Luis A Ubinas director 209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065-1175
Jason Robins director 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Frederick Ball director C/O MARKETO, INC., 901 MARINER'S ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Richard R Heitzmann director, officer: CEO 500 NYALA FARM ROAD, WESTPORT CT 06880
Amish A Jani director, officer: President
Firstmark Horizon Sponsor Llc director, 10 percent owner 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Allison Goldberg director C/O FIRSTMARK HORIZON ACQUISITION CORP., 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Daniel Gaisin officer: Chief Financial Officer C/O FIRSTMARK HORIZON ACQUISITION CORP., 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Eric D. Cheung officer: Secretary C/O FIRSTMARK HORIZON ACQUISITION CORP., 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011