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NorthStar Realty Finance (NorthStar Realty Finance) Intrinsic Value: Projected FCF : $0.00 (As of May. 01, 2024)


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What is NorthStar Realty Finance 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), NorthStar Realty Finance's Intrinsic Value: Projected FCF is $0.00. The stock price of NorthStar Realty Finance is $25.65. Therefore, NorthStar Realty Finance's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

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

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of NorthStar Realty Finance was 11.55. The lowest was 0.00. And the median was 1.44.

NRFPRD.PFD's Price-to-Projected-FCF is not ranked *
in the REITs industry.
Industry Median: 0.66
* Ranked among companies with meaningful Price-to-Projected-FCF only.

NorthStar Realty Finance Intrinsic Value: Projected FCF Historical Data

The historical data trend for NorthStar Realty Finance'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.

NorthStar Realty Finance Intrinsic Value: Projected FCF Chart

NorthStar Realty Finance Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Intrinsic Value: Projected FCF
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NorthStar Realty Finance Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 - - - - -

Competitive Comparison of NorthStar Realty Finance's Intrinsic Value: Projected FCF

For the REIT - Retail subindustry, NorthStar Realty Finance'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.


NorthStar Realty Finance's Price-to-Projected-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, NorthStar Realty Finance's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where NorthStar Realty Finance's Price-to-Projected-FCF falls into.



NorthStar Realty Finance 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 NorthStar Realty Finance's Free Cash Flow(6 year avg) = $-1,251.13.

NorthStar Realty Finance'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 (Sep16)*0.8)/Shares Outstanding (Diluted Average)
=(*-1251.12864+3102.163*0.8)/0
=

* 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.


NorthStar Realty Finance  (NYSE:NRFPRD.PFD) 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.

NorthStar Realty Finance's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=25.65/
=

* 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.


NorthStar Realty Finance Intrinsic Value: Projected FCF Related Terms

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NorthStar Realty Finance (NorthStar Realty Finance) Business Description

Traded in Other Exchanges
N/A
Address
Northstar Realty Finance Corp is a Maryland corporation formed in October 2003. The Company is an internally managed REIT, and is a diversified commercial real estate investment and asset management company. NorthStar Realty Finance Limited Partnership holds all of the Company's assets and conducts its operation directly or indirectly. The Company invests in multiple asset classes across commercial real estate. These investments are in the form of acquiring real estate, originating or acquiring senior or subordinate loans, as well as CRE investments, both in the United States and internationally. The asset management business is focused on raising and managing capital on a fee basis from alternative sources, which includes non-traded real estate investment trusts, and sponsoring other companies through joint ventures and partnerships, such as RXR Realty, LLC, or RXR Realty. The Company's commercial real estate debt business is focused on originating, structuring, acquiring and managing senior and subordinate debt investments secured by commercial real estate, including first mortgage loans, subordinate interests, mezzanine loans, credit tenant loans and other loans, including preferred equity interests in borrowers who own such properties. The Company competes with many third parties engaged in real estate investment activities including publicly-traded REITs, non-traded REITs, insurance companies, commercial and investment banking firms, private equity funds. The Company is subject to supervision and regulation by state and federal governmental authorities and is subject to various laws and judicial and administrative decisions imposing various requirements and restrictions.
Executives
Gregory Z Rush director 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Jonathan A Langer officer: CEO and President C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Charles W Schoenherr director C/O DIAMONDHEAD HOLDINGS CORP., 250 PARK AVE., 7TH FLOOR, NEW YORK NY 10177
Ronald J. Lieberman officer: EVP & General Counsel NORTHSTAR REALTY FINANCE CORP., 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Debra Ann Hess officer: Chief Financial Officer C/O NORTHSTAR REALTY FINANCE CORP., 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Lisa Meyer officer: Chief Accounting Officer C/O NORTHSTAR REALTY FINANCE CORP., 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Sridhar Sambamurthy director C/O NORTHSTAR REALTY FINANCE CORP., 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Oscar Junquera director C/O COLONY NORTHSTAR, INC., 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Stephen E Cummings director
Albert Tylis officer: EVP, GC and Secretary C/O NORTHSTAR REALTY FINANCE CORP., 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Daniel D Raffe officer: EVP 527 MADISON AVENUE, 16TH FLOOR, NEW YORK NY 10022
Andrew C Richardson officer: EVP and CFO 527 MADISON AVENUE, 16TH FLOOR, NEW YORK NY 10022
Louis J Paglia director C/O UIL HOLDINGS CORP, 157 CHURCH STREET, NEW HAVEN CT 06506
Sab Overseas Master Fund, L.p. other: Former 10% Owner 767 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10153
Sab Overseas Capital Management Lp 10 percent owner 712 FIFTH AVE, NEW YORK NY 10019