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Cayenne Trust (The) (LSE:TCT) Intrinsic Value: Projected FCF : £0.00 (As of Jun. 19, 2024)


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What is Cayenne Trust (The) 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 (2024-06-19), Cayenne Trust (The)'s Intrinsic Value: Projected FCF is £0.00. The stock price of Cayenne Trust (The) is £1.58. Therefore, Cayenne Trust (The)'s Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Cayenne Trust (The)'s Intrinsic Value: Projected FCF or its related term are showing as below:

During the past 11 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Cayenne Trust (The) was 2.04. The lowest was 0.00. And the median was 1.27.

LSE:TCT's Price-to-Projected-FCF is not ranked *
in the Asset Management industry.
Industry Median: 0.92
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Cayenne Trust (The) Intrinsic Value: Projected FCF Historical Data

The historical data trend for Cayenne Trust (The)'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.

Cayenne Trust (The) Intrinsic Value: Projected FCF Chart

Cayenne Trust (The) Annual Data
Trend Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 0.90 0.67 0.68 -

Cayenne Trust (The) Semi-Annual Data
Jan06 Jul06 Jan07 Jul07 Jan08 Jul08 Jan09 Jul09 Jan10 Jul10 Jan11 Jul11 Jan12 Jul12 Jan13 Jul13 Jan14 Jul14 Jan15 Jul15
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 - 0.68 - - -

Competitive Comparison of Cayenne Trust (The)'s Intrinsic Value: Projected FCF

For the Asset Management subindustry, Cayenne Trust (The)'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.


Cayenne Trust (The)'s Price-to-Projected-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cayenne Trust (The)'s Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Cayenne Trust (The)'s Price-to-Projected-FCF falls into.



Cayenne Trust (The) 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 Cayenne Trust (The)'s Free Cash Flow(6 year avg) = £-1.00.

Cayenne Trust (The)'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 (Jan15)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-0.99742857142857+54.823*0.8)/43.442
=0.79

* 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.


Cayenne Trust (The)  (LSE:TCT) 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.

Cayenne Trust (The)'s Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=1.58/0.7909978663077
=2.00

* 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.


Cayenne Trust (The) Intrinsic Value: Projected FCF Related Terms

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Cayenne Trust (The) (LSE:TCT) Business Description

Traded in Other Exchanges
N/A
Address
Cayenne Trust (The) PLC is an investment trust incorporated on December 14, 1992. The Company's investment objective is to achieve consistent positive absolute returns. It invests principally in the securities of UK investment trust companies and other closed-end funds. It also has the flexibility to invest in listed or unlisted open-ended funds and may invest in any security issued by any exchange traded fund, investment fund, investment company, holding company or similar collective investment scheme.

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