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Henderson Far Eastome (LSE:HFEL) Intrinsic Value: Projected FCF : £2.66 (As of Jun. 12, 2024)


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What is Henderson Far Eastome 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 (2024-06-12), Henderson Far Eastome's Intrinsic Value: Projected FCF is £2.66. The stock price of Henderson Far Eastome is £2.345. Therefore, Henderson Far Eastome's Price-to-Intrinsic-Value-Projected-FCF of today is 0.9.

The historical rank and industry rank for Henderson Far Eastome's Intrinsic Value: Projected FCF or its related term are showing as below:

LSE:HFEL' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.82   Med: 1.03   Max: 1.52
Current: 0.88

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Henderson Far Eastome was 1.52. The lowest was 0.82. And the median was 1.03.

LSE:HFEL's Price-to-Projected-FCF is ranked better than
53.21% of 934 companies
in the Asset Management industry
Industry Median: 0.93 vs LSE:HFEL: 0.88

Henderson Far Eastome Intrinsic Value: Projected FCF Historical Data

The historical data trend for Henderson Far Eastome'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.

Henderson Far Eastome Intrinsic Value: Projected FCF Chart

Henderson Far Eastome Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.70 3.20 3.00 3.07 2.66

Henderson Far Eastome Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 - 3.07 - 2.66 -

Competitive Comparison of Henderson Far Eastome's Intrinsic Value: Projected FCF

For the Asset Management subindustry, Henderson Far Eastome'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.


Henderson Far Eastome's Price-to-Projected-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Henderson Far Eastome's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Henderson Far Eastome's Price-to-Projected-FCF falls into.



Henderson Far Eastome 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 Henderson Far Eastome's Free Cash Flow(6 year avg) = £13.96.

Henderson Far Eastome'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 (Aug23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*13.964857142857+362.032*0.8)/158.746
=2.66

* 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.


Henderson Far Eastome  (LSE:HFEL) 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.

Henderson Far Eastome's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=2.345/2.6619628210312
=0.88

* 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.


Henderson Far Eastome Intrinsic Value: Projected FCF Related Terms

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Henderson Far Eastome (LSE:HFEL) Business Description

Traded in Other Exchanges
Address
201 Bishopsgate, London, GBR, EC2M 3AE
Henderson Far East Income Ltd is a closed end investment company. Its investment objective is to provide investors with a high level of dividends as well as capital appreciation over the long term, from a diversified portfolio of investments traded on the Pacific, Australasian, Japanese, and Indian stock markets. The company mainly invests in listed equities including preference shares, debt, convertible securities, warrants and other equity related securities as well as in unlisted securities which invest in collective investment schemes. It may use derivatives and other instruments to enhance income and to protect the value of the portfolio. The company's majority of its revenue comprises interest income and dividend income earned from an investment portfolio.

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