What is John Hancock Preferredome Fund 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.
The historical rank and industry rank for John Hancock Preferredome Fund's Intrinsic Value: Projected FCF or its related term are showing as below:
HPI'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.55 Med: 0.58 Max: 0.61
Current: 0.55
During the past 8 years, the highest Price-to-Intrinsic-Value-Projected-FCF of John Hancock Preferredome Fund was 0.61. The lowest was 0.55. And the median was 0.58.
HPI's Price-to-Projected-FCF is ranked better than 72.73% of 1177
companies
in the Asset Management industry
Industry Median: 0.85
vs HPI: 0.55
John Hancock Preferredome Fund Intrinsic Value: Projected FCF Historical Data
* 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.
John Hancock Preferredome Fund Intrinsic Value: Projected FCF Chart
Competitive Comparison of John Hancock Preferredome Fund's Intrinsic Value: Projected FCF
For the Asset Management subindustry, John Hancock Preferredome Fund'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.
John Hancock Preferredome Fund's Price-to-Projected-FCF Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, John Hancock Preferredome Fund's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where John Hancock Preferredome Fund's Price-to-Projected-FCF falls into.
John Hancock Preferredome Fund 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.
* 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.
John Hancock Preferredome Fund (NYSE:HPI) 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.
John Hancock Preferredome Fund's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
15.86
/
28.626202953114
=
0.55
* 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.
John Hancock Preferredome Fund Intrinsic Value: Projected FCF Related Terms
Thank you for viewing the detailed overview of John Hancock Preferredome Fund's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
John Hancock Preferredome Fund Business Description
John Hancock Preferred Income Fund is a closed-end, diversified management investment company. Its primary investment objective is to provide a high level of current income consistent with preservation of capital. The fund's secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. It seeks to achieve its investment objectives by investing in securities that may be undervalued relative to similar securities in the marketplace. The fund's principal investment strategies include investing a majority of its assets in preferred stocks and other preferred securities. Its portfolio composition consists of U.S preferred securities, common stocks, foreign preferred securities, corporate bonds, and short-term investments.
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