GURUFOCUS.COM » STOCK LIST » Technology » Software » Forge Global Holdings Inc (NYSE:FRGE) » Definitions » Intrinsic Value: Projected FCF

Forge Global Holdings (Forge Global Holdings) Intrinsic Value: Projected FCF : $0.00 (As of May. 01, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Forge Global Holdings 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), Forge Global Holdings's Intrinsic Value: Projected FCF is $0.00. The stock price of Forge Global Holdings is $1.83. Therefore, Forge Global Holdings's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

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

FRGE's Price-to-Projected-FCF is not ranked *
in the Software industry.
Industry Median: 1.625
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Forge Global Holdings Intrinsic Value: Projected FCF Historical Data

The historical data trend for Forge Global Holdings'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.

Forge Global Holdings Intrinsic Value: Projected FCF Chart

Forge Global Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
- - - - -

Forge Global Holdings Quarterly Data
Dec19 Sep20 Dec20 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 - - - - -

Competitive Comparison of Forge Global Holdings's Intrinsic Value: Projected FCF

For the Software - Application subindustry, Forge Global Holdings'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.


Forge Global Holdings's Price-to-Projected-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Forge Global Holdings's Price-to-Projected-FCF distribution charts can be found below:

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



Forge Global Holdings 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)



Forge Global Holdings  (NYSE:FRGE) 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.

Forge Global Holdings's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=1.83/
=

* 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.


Forge Global Holdings Intrinsic Value: Projected FCF Related Terms

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


Forge Global Holdings (Forge Global Holdings) Business Description

Traded in Other Exchanges
N/A
Address
415 Mission Street, Suite 5510, San Francisco, CA, USA, 94105
Forge Global Holdings Inc is a financial service platform created to serve the unique needs of the private market. It provides marketplace infrastructure, data services, and technology solutions for private market participants. The Company offers a trusted trading platform, proprietary data and insights to inform investment strategies, along with custody services to help companies, shareholders, institutions and accredited investors confidently navigate and transact in the private market.
Executives
Kelly Rodriques director, officer: Chief Executive Officer 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Kimberley H Vogel director 63 CONSTITUTION DRIVE, CHICO CA 95973
Christoph Hansmeyer director 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Johnathan H Short officer: Chief Legal Officer 2100 RIVEREDGE PARKWAY, SUITE 500, ATLANTA GA 30308
Asiff S Hirji director 250 FAIR OAKS STREET, SAN FRANCISCO CA 94110
Herbert James H. Ii director 1230 AVENUE OF THE AMERICAS, 2ND FLOOR, NEW YORK NY 10020
Ashwin Kumar director 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Stephen J. George director 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Jose Cobos officer: Chief Operating Officer 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Borse Ag Deutsche 10 percent owner
Mark P Lee officer: Chief Financial Officer 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Steven J. Mclaughlin director 277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172
Kristy Trieste director, officer: CFO and Director C/O MOTIVE CAPITAL, 250 GREENWICH STREET, FLOOR 47, NEW YORK NY 10007
Motive Capital Funds Sponsor, Llc 10 percent owner 7 WORLD TRADE CENTER, 250 GREENWICH STREET, FLOOR 47, NEW YORK NY 10007
Stephen C. Daffron director C/O THE DUN & BRADSTREET CORPORATION, 103 JOHN F. KENNEDY PARKWAY, SHORT HILLS NJ 07078-2708