Space Exploration Technologies (LIM:SPCXUS) Intrinsic Value: Projected FCF: $0.00 (As of Sep. 08, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LIM:SPCXUS Space Exploration Technologies Corp LIM:SPCXUS
11 GF Score
Price $148.20
! 1 Warning Sign
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What is Space Exploration Technologies Intrinsic Value: Projected FCF?

Space Exploration Technologies LIM:SPCXUS 11 Intrinsic Value: Projected FCF is $0.00 as of Sep. 08, 2026. GuruFocus rates LIM:SPCXUS with a GF Score™ of 11/100. The stock has 1 warning sign investors should review. Among 196 Aerospace & Defense companies, Space Exploration Technologies ranks worse than 510203.57% on this metric.

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 (2026-09-08), Space Exploration Technologies's Intrinsic Value: Projected FCF is $0.00. The stock price of Space Exploration Technologies is $148.20. Therefore, Space Exploration Technologies's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Space Exploration Technologies's Intrinsic Value: Projected FCF or its related term are showing as below:

LIM:SPCXUS's Price-to-Projected-FCF is not ranked *
in the Aerospace & Defense industry.
Industry Median: 2.765
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Space Exploration Technologies  (LIM:SPCXUS) 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.

Space Exploration Technologies's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=148.20/
=

* 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.


Space Exploration Technologies Intrinsic Value: Projected FCF Related Terms


Space Exploration Technologies Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Space Exploration Technologies'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.

Space Exploration Technologies Intrinsic Value: Projected FCF Chart

Space Exploration Technologies Annual Data
Trend Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
0.00 0.00 0.00

Space Exploration Technologies Semi-Annual Data
Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF 0.00 0.00 0.00

LIM:SPCXUS vs GE, RTX, BA: Intrinsic Value: Projected FCF Comparison

For the Aerospace & Defense subindustry, Space Exploration Technologies'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.


Space Exploration Technologies Price-to-Projected-FCF vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Space Exploration Technologies's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Space Exploration Technologies's Price-to-Projected-FCF falls into.


LIM:SPCXUS
11GF Score
Space Exploration Technologies Corp LIM:SPCXUS
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
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Space Exploration Technologies 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)


What does a Intrinsic Value: Projected FCF of $0.00 mean?
Space Exploration Technologies (LIM:SPCXUS) has a Intrinsic Value: Projected FCF of $0.00 as of Sep. 08, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Space Exploration Technologies and its competitors. According to the industry distribution chart, Space Exploration Technologies ranks #999999 out of 196 companies in the Aerospace & Defense industry.
Is Space Exploration Technologies' Intrinsic Value: Projected FCF too high?
Space Exploration Technologies' current Intrinsic Value: Projected FCF is $0.00. Based on the distribution chart, Space Exploration Technologies ranks #999999 out of 196 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Space Exploration Technologies has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Space Exploration Technologies' Intrinsic Value: Projected FCF compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Space Exploration Technologies ranks #999999 out of 196 companies for Intrinsic Value: Projected FCF. This places Space Exploration Technologies in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 2.77. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for an Aerospace & Defense company?
The median Intrinsic Value: Projected FCF among Aerospace & Defense companies is 2.77, based on 196 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Space Exploration Technologies and its competitors. For the Aerospace & Defense industry, the median Intrinsic Value: Projected FCF is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space Exploration Technologies's current Intrinsic Value: Projected FCF is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Exploration Technologies stock overvalued right now?
Space Exploration Technologies (LIM:SPCXUS) has a current Intrinsic Value: Projected FCF of $0.00. The current Intrinsic Value: Projected FCF is $0.00. Space Exploration Technologies' overall GF Score™ is 11/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Space Exploration Technologies (LIM:SPCXUS), the current Intrinsic Value: Projected FCF is $0.00 as of Sep. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Space Exploration Technologies Business Description

Address 1 Rocket Road, Starbase, TX, USA, 78521
Founded in 2002 and commonly known as SpaceX, the Space Exploration Technologies Corporation designs, manufactures, and operates a family of reusable rockets to launch various payloads into Earth orbit for government and commercial customers. Starting in 2019, the company began launching a constellation of its own communication satellites to provide mobile broadband and wireless services under the Starlink brand. In early 2026, the company acquired xAI from its founder, Elon Musk, which operates a large language artificial intelligence model named Grok, a gigawatt-scale data center called Colossus, and the social media network X.
11GF Score

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Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$148.20
Price