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GMX Resources (FRA:HJ8A) Intrinsic Value: Projected FCF : €0.00 (As of Jun. 02, 2024)


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What is GMX Resources 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 (2024-06-02), GMX Resources's Intrinsic Value: Projected FCF is €0.00. The stock price of GMX Resources is €0.07. Therefore, GMX Resources's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

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

FRA:HJ8A's Price-to-Projected-FCF is not ranked *
in the Oil & Gas industry.
Industry Median: 0.81
* Ranked among companies with meaningful Price-to-Projected-FCF only.

GMX Resources Intrinsic Value: Projected FCF Historical Data

The historical data trend for GMX Resources'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.

GMX Resources Intrinsic Value: Projected FCF Chart

GMX Resources 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 -641.29 -495.34 -546.19 -241.19 -186.65

GMX Resources Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 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 -241.19 -231.54 -223.09 -219.15 -208.12

Competitive Comparison of GMX Resources's Intrinsic Value: Projected FCF

For the Oil & Gas E&P subindustry, GMX Resources'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.


GMX Resources's Price-to-Projected-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, GMX Resources's Price-to-Projected-FCF distribution charts can be found below:

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



GMX Resources 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 GMX Resources's Free Cash Flow(6 year avg) = €-112.00.

GMX Resources'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*-111.99648+-136.691/0.8)/6.31408
=-195.93

* 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.


GMX Resources  (FRA:HJ8A) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=0.07/-195.92872074957
=

* 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.


GMX Resources Intrinsic Value: Projected FCF Related Terms

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


GMX Resources (FRA:HJ8A) Business Description

Industry
Traded in Other Exchanges
N/A
Address
GMX Resources Inc. is an oil and gas company, which is engaged in the exploration, development and production of oil and natural gas from the Haynesville/Bossier Shale and Cotton Valley Sands in its core area, the Sabine Uplift of the Carthage, North Field of Harrison and Panola counties of East Texas. It also has properties located in Lea and Roosevelt counties, and New Mexico. During the first half of 2011, the company acquired all of the working interest and an average greater than 80% net revenue interest in approximately 35,000 undeveloped net acres of oil and gas leases located in Billings, Stark, McKenzie and Dunn Counties of North Dakota, and Richland, Sheridan and Wibaux Counties of Montana. The company holds Williston Basin leases in approximately 150 1,280-acre units and expects to be the operator in approximately 31 of those units, providing a minimum of 172 operated locations. At the same time it acquired all of the working interest and an 80% net revenue interest in approximately 40,000 undeveloped net acres of oil and gas leases located in Platte, Goshen and Laramie Counties of Wyoming. During 2011, it acquired approximately 35,000 net acres in the Bakken/Three Forks oil resource play, which provides it with over 400 potential horizontal locations. The company intends to continue its multi-year drilling program in 2012, expanding to a multi-rig program based on available liquidity and capital resources. It has three subsidiaries: Diamond Blue Drilling Co. (Diamond Blue), which previously owned three drilling rigs, Endeavor Pipeline Inc. (Endeavor Pipeline), which operates its water supply and salt water disposal systems in its East Texas area, and Endeavor Gathering, LLC (Endeavor Gathering), which owns the natural gas gathering system and related equipment operated by Endeavor Pipeline. Kinder Morgan Endeavor LLC (KME) owns 40% membership interest in Endeavor Gathering. During 2011 and the first two months of 2012, the company successfully drilled and completed five Bakken Petroleum System wells, all in North Dakota. The Wock 21-2-1H, Frank 31-4-1H and the Marsh 21-16 TFH wells are located in Stark County, while the Taboo 1-25-36H and the Evoniuk 21-2-1H are located in McKenzie and Billings County, North Dakota.

GMX Resources (FRA:HJ8A) Headlines

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