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Circle SpA (MIL:CIRC) Intrinsic Value: Projected FCF : €0.10 (As of Jun. 22, 2025)


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What is Circle SpA 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 (2025-06-22), Circle SpA's Intrinsic Value: Projected FCF is €0.10. The stock price of Circle SpA is €6.80. Therefore, Circle SpA's Price-to-Intrinsic-Value-Projected-FCF of today is 68.0.

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

MIL:CIRC' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 68   Med: 69.5   Max: 69.5
Current: 68

During the past 10 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Circle SpA was 69.50. The lowest was 68.00. And the median was 69.50.

MIL:CIRC's Price-to-Projected-FCF is ranked worse than
98.84% of 1292 companies
in the Software industry
Industry Median: 1.7 vs MIL:CIRC: 68.00

Circle SpA Intrinsic Value: Projected FCF Historical Data

The historical data trend for Circle SpA'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.

Circle SpA Intrinsic Value: Projected FCF Chart

Circle SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.35 -0.01 0.10 -

Circle SpA Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -0.01 - 0.10 - -

Competitive Comparison of Circle SpA's Intrinsic Value: Projected FCF

For the Information Technology Services subindustry, Circle SpA'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.


Circle SpA's Price-to-Projected-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Circle SpA's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Circle SpA's Price-to-Projected-FCF falls into.


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Circle SpA 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 Circle SpA's Free Cash Flow(6 year avg) = €-0.71.

Circle SpA'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 (Dec24)*0.8)/Shares Outstanding (Diluted Average)
=(14.862653310476*-0.70842857142857+16.744*0.8)/4.574
=0.63

* 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.


Circle SpA  (MIL:CIRC) 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.

Circle SpA's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=6.80/0.62660073188051
=10.85

* 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.


Circle SpA Intrinsic Value: Projected FCF Related Terms

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Circle SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Circle SpA (MIL:CIRC) » Definitions » Intrinsic Value: Projected FCF
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Address
Via G. Battista Pergolesi 26, Milan, ITA, 20124
Circle SpA is engaged in providing consulting services, technological solutions, and digital marketing services to companies operating predominantly in the logistics and transportation sectors. It provides strategic consulting services in the fields of port management, logistics, and transport, and also develops software solutions to optimize flow management and improve logistics processes. The company's service offerings in the digital marketing sector include; services for the analysis, identification, and use of multi-channel communication tools for the implementation of digital marketing strategies.

Circle SpA Headlines

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