GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Evraz Highveld Steel and Vanadium Ltd (OTCPK:HGVLY) » Definitions » Intrinsic Value: Projected FCF

Evraz Highveld Steel and Vanadium (Evraz Highveld Steel and Vanadium) Intrinsic Value: Projected FCF : $0.00 (As of May. 28, 2024)


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What is Evraz Highveld Steel and Vanadium 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 (2024-05-28), Evraz Highveld Steel and Vanadium's Intrinsic Value: Projected FCF is $0.00. The stock price of Evraz Highveld Steel and Vanadium is $0.01. Therefore, Evraz Highveld Steel and Vanadium's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Evraz Highveld Steel and Vanadium's Intrinsic Value: Projected FCF or its related term are showing as below:

HGVLY's Price-to-Projected-FCF is not ranked *
in the Steel industry.
Industry Median: 0.715
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Evraz Highveld Steel and Vanadium Intrinsic Value: Projected FCF Historical Data

The historical data trend for Evraz Highveld Steel and Vanadium'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.

Evraz Highveld Steel and Vanadium Intrinsic Value: Projected FCF Chart

Evraz Highveld Steel and Vanadium Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 -0.05 2.52 0.74 -0.83

Evraz Highveld Steel and Vanadium Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 - -0.83 - - -

Competitive Comparison of Evraz Highveld Steel and Vanadium's Intrinsic Value: Projected FCF

For the Steel subindustry, Evraz Highveld Steel and Vanadium'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.


Evraz Highveld Steel and Vanadium's Price-to-Projected-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Evraz Highveld Steel and Vanadium's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Evraz Highveld Steel and Vanadium's Price-to-Projected-FCF falls into.



Evraz Highveld Steel and Vanadium 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 Evraz Highveld Steel and Vanadium's Free Cash Flow(6 year avg) = $-33.72.

Evraz Highveld Steel and Vanadium'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 (Sep14)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-33.71584+86.891*0.8)/99.200
=-2.54

* 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.


Evraz Highveld Steel and Vanadium  (OTCPK:HGVLY) 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.

Evraz Highveld Steel and Vanadium's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=0.01/-2.5350186608195
=

* 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.


Evraz Highveld Steel and Vanadium Intrinsic Value: Projected FCF Related Terms

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Evraz Highveld Steel and Vanadium (Evraz Highveld Steel and Vanadium) Business Description

Traded in Other Exchanges
N/A
Address
Evraz Highveld Steel and Vanadium Ltd. is engaged in the production of integrated iron ore, steel and vanadium slag. It also produces rail, coiled plate, coiled strip, light and medium plate and cast billets. The Company operates in two business segments: Steel and Vanadium. The major products of the steel segment are magnetite iron ore, structural steel, plate and coil. The major products of the vanadium segment are vanadium slag and ferrovanadium. Vanadium slag is a by-product from the steelmaking process.

Evraz Highveld Steel and Vanadium (Evraz Highveld Steel and Vanadium) Headlines

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