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Aedifica (FRA:AOO) Intrinsic Value: Projected FCF : €102.89 (As of May. 01, 2024)


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What is Aedifica 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 (2024-05-01), Aedifica's Intrinsic Value: Projected FCF is €102.89. The stock price of Aedifica is €60.25. Therefore, Aedifica's Price-to-Intrinsic-Value-Projected-FCF of today is 0.6.

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

FRA:AOO' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.59   Med: 1.04   Max: 1.22
Current: 0.59

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Aedifica was 1.22. The lowest was 0.59. And the median was 1.04.

FRA:AOO's Price-to-Projected-FCF is ranked better than
57.48% of 548 companies
in the REITs industry
Industry Median: 0.66 vs FRA:AOO: 0.59

Aedifica Intrinsic Value: Projected FCF Historical Data

The historical data trend for Aedifica'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.

Aedifica Intrinsic Value: Projected FCF Chart

Aedifica Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.12 65.21 96.26 110.80 104.26

Aedifica Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 110.80 - - - 104.26

Competitive Comparison of Aedifica's Intrinsic Value: Projected FCF

For the REIT - Healthcare Facilities subindustry, Aedifica'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.


Aedifica's Price-to-Projected-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Aedifica's Price-to-Projected-FCF distribution charts can be found below:

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



Aedifica 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 Aedifica's Free Cash Flow(6 year avg) = €133.38.

Aedifica'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 (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(12.267806016876*133.383+3575.862*0.8)/43.706
=102.89

* 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.


Aedifica  (FRA:AOO) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=60.25/102.89219718
=0.59

* 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.


Aedifica Intrinsic Value: Projected FCF Related Terms

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Aedifica (FRA:AOO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Aedifica SA (FRA:AOO) » Definitions » Intrinsic Value: Projected FCF
Traded in Other Exchanges
Address
Rue Belliard 40 (box 11), Brussels, BEL, B-1040
Aedifica SA is a Belgian real estate investment trust that invests in, develops, and leases healthcare properties. The company focuses on providing housing for the aging population in Western Europe and the growing populations in Belgium's major cities. The majority of Aedifica's real estate portfolio is composed of Elderly care homes. The company derives the vast majority of its income in the form of rental revenue. Its geographical segments are Belgium, Germany, Netherlands, Ireland, United Kingdom, Finland, and Sweden.

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