GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Davide Campari-Milano NV (MIL:CPR) » Definitions » Intrinsic Value: Projected FCF

Davide Campari-Milano NV (MIL:CPR) Intrinsic Value: Projected FCF : €3.94 (As of May. 01, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Davide Campari-Milano NV 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 (2024-05-01), Davide Campari-Milano NV's Intrinsic Value: Projected FCF is €3.94. The stock price of Davide Campari-Milano NV is €9.42. Therefore, Davide Campari-Milano NV's Price-to-Intrinsic-Value-Projected-FCF of today is 2.4.

The historical rank and industry rank for Davide Campari-Milano NV's Intrinsic Value: Projected FCF or its related term are showing as below:

MIL:CPR' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.92   Med: 2.17   Max: 3.33
Current: 2.39

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Davide Campari-Milano NV was 3.33. The lowest was 0.92. And the median was 2.17.

MIL:CPR's Price-to-Projected-FCF is ranked worse than
79.61% of 152 companies
in the Beverages - Alcoholic industry
Industry Median: 1.29 vs MIL:CPR: 2.39

Davide Campari-Milano NV Intrinsic Value: Projected FCF Historical Data

The historical data trend for Davide Campari-Milano NV'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.

Davide Campari-Milano NV Intrinsic Value: Projected FCF Chart

Davide Campari-Milano NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.71 3.43 3.86 4.20 3.94

Davide Campari-Milano NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.20 - - - 3.94

Competitive Comparison of Davide Campari-Milano NV's Intrinsic Value: Projected FCF

For the Beverages - Wineries & Distilleries subindustry, Davide Campari-Milano NV'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.


Davide Campari-Milano NV's Price-to-Projected-FCF Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Davide Campari-Milano NV's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Davide Campari-Milano NV's Price-to-Projected-FCF falls into.



Davide Campari-Milano NV 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 Davide Campari-Milano NV's Free Cash Flow(6 year avg) = €162.64.

Davide Campari-Milano NV'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 (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(13.228282734574*162.64285714286+2925.2*0.8)/1139.172
=3.94

* 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.


Davide Campari-Milano NV  (MIL:CPR) 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.

Davide Campari-Milano NV's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=9.42/3.9429038802258
=2.39

* 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.


Davide Campari-Milano NV Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Davide Campari-Milano NV's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Davide Campari-Milano NV (MIL:CPR) Business Description

Address
Via Franco Sacchetti 20, Sesto San Giovanni, Milan, ITA, 20099
Davide Campari-Milano, or Campari, is the Italian-headquartered parent of the Campari Group and is the world's leading manufacturer of liqueurs, according to Euromonitor, with a volume share of 10% in 2022. The company's liqueur portfolio includes aperitifs Aperol, Campari, Cinzano Vermouth, and Grand Marnier. The remainder of the portfolio spans a wide range of categories, including global priority brands Skyy vodka and Wild Turkey bourbon, and niche brands such as Appleton Estate Rum, Bulldog gin, and Espolon tequila. Campari also produces and markets a range of champagne and sparkling wines.Campari is controlled by Lagfin S.C.A., a Luxembourg-based holding company, which holds 54% of the share capital and over 60% of the voting rights. A further 43% of the equity is free float.

Davide Campari-Milano NV (MIL:CPR) Headlines

No Headlines