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Caplease, (FRA:DBJ) Intrinsic Value: Projected FCF : €0.00 (As of Jun. 23, 2024)


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What is Caplease, 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 (2024-06-23), Caplease,'s Intrinsic Value: Projected FCF is €0.00. The stock price of Caplease, is €6.18. Therefore, Caplease,'s Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

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

FRA:DBJ's Price-to-Projected-FCF is not ranked *
in the REITs industry.
Industry Median: 0.65
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Caplease, Intrinsic Value: Projected FCF Historical Data

The historical data trend for Caplease,'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.

Caplease, Intrinsic Value: Projected FCF Chart

Caplease, Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.85 -1.82 0.52 1.38 -1.11

Caplease, Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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 0.50 0.77 -1.11 -0.57 2.85

Competitive Comparison of Caplease,'s Intrinsic Value: Projected FCF

For the REIT - Office subindustry, Caplease,'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.


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

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

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



Caplease, 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 Caplease,'s Free Cash Flow(6 year avg) = €-43.54.

Caplease,'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 (Jun13)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-43.54432+414.439*0.8)/88.104
=-0.94

* 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.


Caplease,  (FRA:DBJ) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=6.18/-0.94213697910654
=

* 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.


Caplease, Intrinsic Value: Projected FCF Related Terms

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


Caplease, (FRA:DBJ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Caplease, Inc. (FRA:DBJ) » Definitions » Intrinsic Value: Projected FCF
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Address
CapLease, Inc. was incorporated in Maryland. The Company completed its initial public offering in March 2004. It is a real estate investment trust, or REIT, that invests mainly in single tenant commercial real estate assets subject to long-term leases to high credit quality tenants. It focuses on properties that are subject to a net lease, or a lease that requires the tenant to pay all or substantially all expenses normally associated with the ownership of the property, such as utilities, real estate taxes, insurance and routine maintenance. The Company also has made and expects to continue to make investments in single tenant properties where the owner has exposure to property expenses when it determines it could sufficiently underwrite that exposure and isolate a predictable cash flow. The Company has two complimentary business lines: owning single tenant properties and making first mortgage loans and other debt investments on single tenant properties. It conducts its business through a number of subsidiaries. The Company owns most of its owned properties through its predecessor and operating partnership, Caplease, LP (the 'Operating Partnership'). It is the indirect sole general partner of, and owns approximately 99.6% of the common equity of, the Operating Partnership. The Company is subject to competition in each of its business segments. It competes with specialty finance companies, insurance companies, commercial banks, investment banks, savings and loan associations, mortgage bankers, mutual funds, institutional investors, pension funds, hedge funds, other lenders, governmental bodies and individuals and other entities, including REITs.

Caplease, (FRA:DBJ) Headlines

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