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Accelerate Property Fund (JSE:APF) Intrinsic Value: Projected FCF : R5.90 (As of May. 27, 2024)


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What is Accelerate Property 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.

As of today (2024-05-27), Accelerate Property Fund's Intrinsic Value: Projected FCF is R5.90. The stock price of Accelerate Property Fund is R0.50. Therefore, Accelerate Property Fund's Price-to-Intrinsic-Value-Projected-FCF of today is 0.1.

The historical rank and industry rank for Accelerate Property Fund's Intrinsic Value: Projected FCF or its related term are showing as below:

JSE:APF' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.05   Med: 0.14   Max: 0.67
Current: 0.08

During the past 11 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Accelerate Property Fund was 0.67. The lowest was 0.05. And the median was 0.14.

JSE:APF's Price-to-Projected-FCF is ranked better than
98.17% of 547 companies
in the REITs industry
Industry Median: 0.66 vs JSE:APF: 0.08

Accelerate Property Fund Intrinsic Value: Projected FCF Historical Data

The historical data trend for Accelerate Property Fund'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.

Accelerate Property Fund Intrinsic Value: Projected FCF Chart

Accelerate Property Fund Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.18 7.16 6.80 7.24 5.90

Accelerate Property Fund Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 7.24 - 5.90 -

Competitive Comparison of Accelerate Property Fund's Intrinsic Value: Projected FCF

For the REIT - Retail subindustry, Accelerate Property 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.


Accelerate Property Fund's Price-to-Projected-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Accelerate Property Fund's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Accelerate Property Fund's Price-to-Projected-FCF falls into.



Accelerate Property 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.

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 Accelerate Property Fund's Free Cash Flow(6 year avg) = R328.13.

Accelerate Property Fund'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 (Mar23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*328.133+5353.251*0.8)/1254.615
=5.90

* 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.


Accelerate Property Fund  (JSE:APF) 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.

Accelerate Property 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
=0.50/5.9034383697299
=0.08

* 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.


Accelerate Property Fund Intrinsic Value: Projected FCF Related Terms

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Accelerate Property Fund (JSE:APF) Business Description

Traded in Other Exchanges
N/A
Address
1st Floor, Corner Willow Avenue and Cedar Road, Cedar Square Shopping Centre, Management Office, Fourways, Johannesburg, GT, ZAF, 2055
Accelerate Property Fund Ltd is a retail-focused property fund. It functions through four operating segments. Office segment, which acquires, develops and leases offices. The industrial segment acquires, develops and leases warehouses and factories. The retail segment acquires, develops and leases shopping malls, community centres as well as retail centres. European single-tenant segment acquires develops and leases single-tenant space backed by long-term leases. Out of which Retail segment is a key revenue driver. Geographically, it has a presence in South Africa, Austria and Slovakia, out of which the majority of its revenue is generated from South Africa.

Accelerate Property Fund (JSE:APF) Headlines

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