PBKOF (Pollard Banknote) Intrinsic Value: Projected FCF: $13.02 (As of Aug. 25, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

PBKOF Pollard Banknote Ltd PBKOF
72 GF Score
Price $12.85
GF Value $17.78
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Pollard Banknote Intrinsic Value: Projected FCF?

Pollard Banknote PBKOF 72 Intrinsic Value: Projected FCF is $13.02 as of Aug. 25, 2026. GuruFocus rates PBKOF with a GF Score™ of 72/100 and a GF Value™ of $17.78 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 595 Travel & Leisure companies, Pollard Banknote ranks worse than 52.77% 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 (2026-08-25), Pollard Banknote's Intrinsic Value: Projected FCF is $13.02. The stock price of Pollard Banknote is $12.85. Therefore, Pollard Banknote's Price-to-Intrinsic-Value-Projected-FCF of today is 1.0.

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

PBKOF' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.86   Med: 1.77   Max: 3.77
Current: 0.99

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Pollard Banknote was 3.77. The lowest was 0.86. And the median was 1.77.

PBKOF's Price-to-Projected-FCF is ranked worse than
52.77% of 595 companies
in the Travel & Leisure industry
Industry Median: 0.93 vs PBKOF: 0.99

Pollard Banknote  (OTCPK:PBKOF) 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.

Pollard Banknote's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=12.85/13.079542661544
=0.98

* 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.


Pollard Banknote Intrinsic Value: Projected FCF Related Terms


Pollard Banknote Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Pollard Banknote'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.

Pollard Banknote Intrinsic Value: Projected FCF Chart

Pollard Banknote 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 12.26 12.79 13.82 13.36 15.85

Pollard Banknote 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 13.43 14.52 15.85 15.46 12.89

PBKOF vs FLUT, DKNG, SGHC: Intrinsic Value: Projected FCF Comparison

For the Gambling subindustry, Pollard Banknote'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.


Pollard Banknote Price-to-Projected-FCF vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Pollard Banknote's Price-to-Projected-FCF distribution charts can be found below:

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


PBKOF
72GF Score
Pollard Banknote Ltd PBKOF
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pollard Banknote 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 Pollard Banknote's Free Cash Flow(6 year avg) = $13.05.

Pollard Banknote'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)
=(10.056836766857*13.05248+278.463*0.8)/27.068
=13.08

* 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 $13.02 mean?
Pollard Banknote (PBKOF) has a Intrinsic Value: Projected FCF of $13.02 as of Aug. 25, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Pollard Banknote and its competitors. According to the industry distribution chart, Pollard Banknote ranks #314 out of 595 companies in the Travel & Leisure industry, placing it in the top 52.8%.
Is Pollard Banknote's Intrinsic Value: Projected FCF too high?
Pollard Banknote's current Intrinsic Value: Projected FCF is $13.02. The Travel & Leisure industry median Intrinsic Value: Projected FCF is 0.93. Pollard Banknote's value of $13.02 is 1300% above this industry median. Based on the distribution chart, Pollard Banknote ranks #314 out of 595 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Pollard Banknote has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pollard Banknote's Intrinsic Value: Projected FCF compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Pollard Banknote ranks #314 out of 595 companies for Intrinsic Value: Projected FCF. This places Pollard Banknote in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.93. Pollard Banknote's value of $13.02 is 1300% above this benchmark. 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 Travel & Leisure company?
The median Intrinsic Value: Projected FCF among Travel & Leisure companies is 0.93, based on 595 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. Pollard Banknote's current Intrinsic Value: Projected FCF of $13.02 is 1300% above the industry median. 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 Pollard Banknote and its competitors. For the Travel & Leisure 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. Pollard Banknote's current Intrinsic Value: Projected FCF is $13.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pollard Banknote stock overvalued right now?
Based on GuruFocus' analysis, Pollard Banknote (PBKOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $17.78, compared to a current price of $12.85 — trading 27.7% below its estimated fair value. The current Intrinsic Value: Projected FCF is $13.02 and 1300% above the Travel & Leisure industry median of 0.93. Pollard Banknote's overall GF Score™ is 72/100 with 4 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 Pollard Banknote (PBKOF), the current Intrinsic Value: Projected FCF is $13.02 as of Aug. 25, 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 Pollard Banknote (PBKOF) Overvalued in 2026?

Based on GuruFocus' analysis, Pollard Banknote stock appears to be undervalued. The current stock price of $12.85 is trading 27.7% below its estimated GF Value™ of $17.78. GuruFocus considers Pollard Banknote to be Modestly Undervalued.

Key valuation signals for PBKOF:

  • Intrinsic Value: Projected FCF: $13.02
  • GF Value™: $17.78 vs. price of $12.85 (27.7% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 1300% above the Travel & Leisure median (#314 of 595)

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


Pollard Banknote Business Description

Other Exchanges 67L:GermanyPBL:Canada
Address 140 Otter Street, Winnipeg, MB, CAN, R3T 0M8
Pollard Banknote Ltd is principally engaged in the manufacturing, development, and sale of lottery and charitable gaming products throughout the world. Its operating segments are Lotteries, charitable gaming, Retail and eGaming systems. The company has one reportable segment, which comprises its four operating segments which includes Lotteries, Charitable gaming, eGaming systems, and Retail. The company has its geographic presence in Canada, United States and International. It generates majority of its revenue from United States.
72GF Score

Get the complete analysis for PBKOF

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

$12.85
Price
$17.78
GF Value