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Growthpoint Properties Australia (FRA:IVP1) Intrinsic Value: Projected FCF : €3.03 (As of May. 03, 2024)


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What is Growthpoint Properties Australia 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 (2024-05-03), Growthpoint Properties Australia's Intrinsic Value: Projected FCF is €3.03. The stock price of Growthpoint Properties Australia is €1.3492. Therefore, Growthpoint Properties Australia's Price-to-Intrinsic-Value-Projected-FCF of today is 0.5.

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

FRA:IVP1' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.45   Med: 0.84   Max: 1.06
Current: 0.45

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Growthpoint Properties Australia was 1.06. The lowest was 0.45. And the median was 0.84.

FRA:IVP1's Price-to-Projected-FCF is ranked better than
75.96% of 549 companies
in the REITs industry
Industry Median: 0.67 vs FRA:IVP1: 0.45

Growthpoint Properties Australia Intrinsic Value: Projected FCF Historical Data

The historical data trend for Growthpoint Properties Australia'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.

Growthpoint Properties Australia Intrinsic Value: Projected FCF Chart

Growthpoint Properties Australia Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.76 3.14 3.70 3.08

Growthpoint Properties Australia Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 3.70 - 3.08 -

Competitive Comparison of Growthpoint Properties Australia's Intrinsic Value: Projected FCF

For the REIT - Diversified subindustry, Growthpoint Properties Australia'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.


Growthpoint Properties Australia's Price-to-Projected-FCF Distribution in the REITs Industry

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

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



Growthpoint Properties Australia 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 Growthpoint Properties Australia's Free Cash Flow(6 year avg) = €102.35.

Growthpoint Properties Australia'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 (Jun23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*102.34985714286+1892.026*0.8)/764.400
=3.25

* 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.


Growthpoint Properties Australia  (FRA:IVP1) 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.

Growthpoint Properties Australia's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=1.3492/3.2548762765526
=0.41

* 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.


Growthpoint Properties Australia Intrinsic Value: Projected FCF Related Terms

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Growthpoint Properties Australia (FRA:IVP1) Business Description

Traded in Other Exchanges
Address
Level 18, 101 Collins Street, Melbourne, VIC, AUS, 3000
Growthpoint Properties is an internally managed Australian REIT, with commercial property investments split circa 65/35 between Australian office and industrial assets. Historically the REIT did not undertake funds management activities but it purchased fund manager Fortius in September 2022. The REIT usually limits speculative property development, though it built an office development in suburban Melbourne. The asset was completely vacant on completion, but Growthpoint was able to attract tenants and it is now occupied.

Growthpoint Properties Australia (FRA:IVP1) Headlines

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