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Novus Acquisition & Development (Novus Acquisition & Development) Intrinsic Value: Projected FCF : $0.00 (As of Jun. 13, 2024)


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What is Novus Acquisition & Development 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 (2024-06-13), Novus Acquisition & Development's Intrinsic Value: Projected FCF is $0.00. The stock price of Novus Acquisition & Development is $0.01915. Therefore, Novus Acquisition & Development's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Novus Acquisition & Development's Intrinsic Value: Projected FCF or its related term are showing as below:

NDEV's Price-to-Projected-FCF is not ranked *
in the Insurance industry.
Industry Median: 0.64
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Novus Acquisition & Development Intrinsic Value: Projected FCF Historical Data

The historical data trend for Novus Acquisition & Development'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.

Novus Acquisition & Development Intrinsic Value: Projected FCF Chart

Novus Acquisition & Development Annual Data
Trend
Intrinsic Value: Projected FCF

Novus Acquisition & Development Quarterly Data
Sep22 Sep23
Intrinsic Value: Projected FCF - -

Competitive Comparison of Novus Acquisition & Development's Intrinsic Value: Projected FCF

For the Insurance - Diversified subindustry, Novus Acquisition & Development'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.


Novus Acquisition & Development's Price-to-Projected-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Novus Acquisition & Development's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Novus Acquisition & Development's Price-to-Projected-FCF falls into.



Novus Acquisition & Development 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)



Novus Acquisition & Development  (OTCPK:NDEV) 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.

Novus Acquisition & Development's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=0.01915/
=

* 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.


Novus Acquisition & Development Intrinsic Value: Projected FCF Related Terms

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Novus Acquisition & Development (Novus Acquisition & Development) Business Description

Traded in Other Exchanges
N/A
Address
2665 South Bayshore Drive, Suite 220, Miami, FL, USA, 33131
Novus Acquisition & Development Corp is a holding company operating through its subsidiaries. It offers health, life, and annuity insurance products and services. The company initiated its health insurance business model within the medical marijuana space, where it can render risk and non-risk insurance models. It operates throughout the United States.