Asar hf (OISE:ASAR) Intrinsic Value: Projected FCF: kr18.07 (As of Aug. 28, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OISE:ASAR Asar hf OISE:ASAR
94 GF Score
Price kr12.20
GF Value kr14.91
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Asar hf Intrinsic Value: Projected FCF?

Asar hf OISE:ASAR -0.81% 94 Intrinsic Value: Projected FCF is kr18.07 as of Aug. 28, 2026. GuruFocus rates OISE:ASAR with a GF Score™ of 94/100 and a GF Value™ of kr14.91 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 268 Telecommunication Services companies, Asar hf ranks better than 67.54% on this metric.

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 (2026-08-28), Asar hf's Intrinsic Value: Projected FCF is kr18.07. The stock price of Asar hf is kr12.20. Therefore, Asar hf's Price-to-Intrinsic-Value-Projected-FCF of today is 0.7.

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

OISE:ASAR' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.57   Med: 0.87   Max: 2.84
Current: 0.67

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Asar hf was 2.84. The lowest was 0.57. And the median was 0.87.

OISE:ASAR's Price-to-Projected-FCF is ranked better than
67.54% of 268 companies
in the Telecommunication Services industry
Industry Median: 0.93 vs OISE:ASAR: 0.67

Asar hf  (OISE:ASAR) 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.

Asar hf's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=12.20/18.068275824571
=0.68

* 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.


Asar hf Intrinsic Value: Projected FCF Related Terms


Asar hf Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Asar hf'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.

Asar hf Intrinsic Value: Projected FCF Chart

Asar hf Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.86 7.37 13.70 16.79 16.88

Asar hf Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 17.24 18.59 16.88 17.44 18.07

OISE:ASAR vs VZ, TMUS, T: Intrinsic Value: Projected FCF Comparison

For the Telecom Services subindustry, Asar hf'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.


Asar hf Price-to-Projected-FCF vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Asar hf's Price-to-Projected-FCF distribution charts can be found below:

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


OISE:ASAR
94GF Score
Asar hf OISE:ASAR
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asar hf 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 Asar hf's Free Cash Flow(6 year avg) = kr1,824.16.

Asar hf'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 (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(14.862653310476*1824.16+16739*0.8)/2241.667
=18.07

* 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.

What does a Intrinsic Value: Projected FCF of kr18.07 mean?
Asar hf (OISE:ASAR) has a Intrinsic Value: Projected FCF of kr18.07 as of Aug. 28, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Asar hf and its competitors. According to the industry distribution chart, Asar hf ranks #87 out of 268 companies in the Telecommunication Services industry, placing it in the top 32.5%.
Is Asar hf's Intrinsic Value: Projected FCF too high?
Asar hf's current Intrinsic Value: Projected FCF is kr18.07. Based on the distribution chart, Asar hf ranks #87 out of 268 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Asar hf has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asar hf's Intrinsic Value: Projected FCF compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Asar hf ranks #87 out of 268 companies for Intrinsic Value: Projected FCF. This puts Asar hf in the upper half of its industry. The industry median Intrinsic Value: Projected FCF is 0.93. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Telecommunication Services company?
The median Intrinsic Value: Projected FCF among Telecommunication Services companies is 0.93, based on 268 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Asar hf and its competitors. For the Telecommunication Services industry, the median Intrinsic Value: Projected FCF is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asar hf's current Intrinsic Value: Projected FCF is kr18.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asar hf stock overvalued right now?
Based on GuruFocus' analysis, Asar hf (OISE:ASAR) is currently considered Modestly Undervalued. The stock's GF Value™ is kr14.91, compared to a current price of kr12.20 — trading 18.2% below its estimated fair value. The current Intrinsic Value: Projected FCF is kr18.07. Asar hf's overall GF Score™ is 94/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Asar hf (OISE:ASAR), the current Intrinsic Value: Projected FCF is kr18.07 as of Aug. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Asar hf (OISE:ASAR) Overvalued in 2026?

Based on GuruFocus' analysis, Asar hf stock appears to be undervalued. The current stock price of kr12.20 is trading 18.2% below its estimated GF Value™ of kr14.91. GuruFocus considers Asar hf to be Modestly Undervalued.

Key valuation signals for OISE:ASAR:

  • Intrinsic Value: Projected FCF: kr18.07
  • GF Value™: kr14.91 vs. price of kr12.20 (18.2% below fair value)
  • GF Score™: 94/100 with 3 warning signs

No single metric tells the full story. See the OISE:ASAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asar hf Business Description

Address Armula 25, Reykjavik, ISL, 108
Siminn hf is an Iceland-based telecommunications company engaged in offering communication services. The operating segments of the company are Mobile, Internet, and Network; TV; Equipment sales; and Others. It derives a majority of the revenue from the Internet and Network segment, which involves revenue from data service, including xDSL service, GPON, Internet, IP net, core network, local loop, and access network. The Mobile segment involves revenue from mobile services in Iceland and abroad, whether traditional GSM service, satellite service, wholesale mobile service, or other mobile services.
94GF Score

Get the complete analysis for OISE:ASAR

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr12.20
Price
kr14.91
GF Value