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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 (2024-12-14), Gilead Sciences's Intrinsic Value: Projected FCF is $77.86. The stock price of Gilead Sciences is $91.855. Therefore, Gilead Sciences's Price-to-Intrinsic-Value-Projected-FCF of today is 1.2.
The historical rank and industry rank for Gilead Sciences's Intrinsic Value: Projected FCF or its related term are showing as below:
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Gilead Sciences was 1.93. The lowest was 0.43. And the median was 0.72.
The historical data trend for Gilead Sciences'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.
Gilead Sciences Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Intrinsic Value: Projected FCF | Get a 7-Day Free Trial | 106.00 | 99.69 | 94.65 | 82.24 | 79.94 |
Gilead Sciences Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Intrinsic Value: Projected FCF | Get a 7-Day Free Trial | 78.46 | 79.94 | 76.53 | 74.38 | 77.86 |
For the Drug Manufacturers - General subindustry, Gilead Sciences'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.
For the Drug Manufacturers industry and Healthcare sector, Gilead Sciences's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Gilead Sciences's Price-to-Projected-FCF falls into.
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 Gilead Sciences's Free Cash Flow(6 year avg) = $8,644.16.
Gilead Sciences'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 (Sep24) | * | 0.8) | / | Shares Outstanding (Diluted Average) |
= | (9.5858149152102 | * | 8644.16 | + | 18474 | * | 0.8) | / | 1254.000 | |
= | 77.86 |
* 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.
Gilead Sciences (NAS:GILD) 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.
Gilead Sciences's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF | = | Share Price | / | Intrinsic Value: Projected FCF |
= | 91.855 | / | 77.863251879955 | |
= | 1.18 |
* 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.
Thank you for viewing the detailed overview of Gilead Sciences's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Andrew D Dickinson | officer: EVP, Chief Financial Officer | 333 LAKESIDE DRIVE, FOSTER CITY CA 94404 |
Merdad Parsey | officer: Chief Medical Officer | 333 LAKESIDE DRIVE, FOSTER CITY CA 94404 |
Jeffrey Bluestone | director | C/O PROVENTION BIO, INC., P.O. BOX 666, OLDWICK NJ 08858 |
Johanna Mercier | officer: Chief Commercial Officer | 333 LAKESIDE DRIVE, FOSTER CITY CA 94404 |
Sandra Patterson | officer: SVP, Controllership | 333 LAKESIDE DRIVE, FOSTER CITY CA 94404 |
Diane E. Wilfong | officer: SVP, Controller & CAO | 333 LAKESIDE DRIVE, FOSTER CITY CA 94404 |
Deborah H Telman | officer: EVP, Corporate Affairs & GC | 2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033 |
Brett A Pletcher | officer: EVP, Gen Counsel & Corp Sec | 333 LAKESIDE DRIVE, FOSTER CITY X1 94404 |
Anthony Welters | director | |
Javier Rodriguez | director | 601 HAWAII ST., EL SEGUNDO CA 90245 |
John Francis Cogan | director | 2010 NORTH FIRST STREET, SUITE 310, SAN JOSE CA 95131 |
Gayle E Wilson | director | C/O GILEAD SCIENCES, INC., 333 LAKESIDE DRIVE, FOSTER CITY CA 94404 |
Olsen Per Wold | director | C/O GILEAD SCIENCES, 333 LAKESIDE DRIVE, FOSTER CITY CA 94404 |
Sandra Horning | director | 333 LAKESIDE DRIVE, FOSTER CITY CA 94404 |
Richard James Whitley | director | UAB, CHB 303, 1600 7TH AVENUE SOUTH, BIRMINGHAM AL 35233-1711 |
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