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BellePHS:BEL +1.74%75 Intrinsic Value: Projected FCF is ₱7.38 as of Aug. 28, 2026. GuruFocus rates PHS:BEL with a GF Score™ of 75/100 and a GF Value™ of ₱1.39 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,270 Real Estate companies, Belle ranks better than 88.58% 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), Belle's Intrinsic Value: Projected FCF is ₱7.38. The stock price of Belle is ₱1.17. Therefore, Belle's Price-to-Intrinsic-Value-Projected-FCF of today is 0.2.
The historical rank and industry rank for Belle's Intrinsic Value: Projected FCF or its related term are showing as below:
PHS:BEL'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.16 Med: 0.29 Max: 1.4
Current: 0.16
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Belle was 1.40. The lowest was 0.16. And the median was 0.29.
PHS:BEL's Price-to-Projected-FCF is ranked better than 88.58% of 1270
companies
in the Real Estate industry
Industry Median: 0.63
vs PHS:BEL: 0.16
Belle (PHS:BEL) 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.
Belle's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
1.17
/
7.3789597145306
=
0.16
* 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.
Belle Intrinsic Value: Projected FCF Related Terms
Belle Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Belle'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.
Belle Intrinsic Value: Projected FCF Competitor Comparison
For the Real Estate - Diversified subindustry, Belle'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.
Belle Price-to-Projected-FCF vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Belle's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Belle's Price-to-Projected-FCF falls into.
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.
* 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 ₱7.38 mean?
Belle (PHS:BEL) has a Intrinsic Value: Projected FCF of ₱7.38 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 Belle and its competitors. According to the industry distribution chart, Belle ranks #145 out of 1270 companies in the Real Estate industry, placing it in the top 11.4%.
Is Belle's Intrinsic Value: Projected FCF too high?
Belle's current Intrinsic Value: Projected FCF is ₱7.38. Based on the distribution chart, Belle ranks #145 out of 1270 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Belle has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Belle's Intrinsic Value: Projected FCF compare to competitors?
According to the Real Estate industry distribution chart, Belle ranks #145 out of 1270 companies for Intrinsic Value: Projected FCF. This places Belle in the top 11% of its industry — outperforming the majority of peers. The industry median Intrinsic Value: Projected FCF is 0.63. 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 Real Estate company?
The median Intrinsic Value: Projected FCF among Real Estate companies is 0.63, based on 1,270 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 Belle and its competitors. For the Real Estate industry, the median Intrinsic Value: Projected FCF is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Belle's current Intrinsic Value: Projected FCF is ₱7.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belle stock overvalued right now?
Based on GuruFocus' analysis, Belle (PHS:BEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱1.39, compared to a current price of ₱1.17 — trading 15.8% below its estimated fair value. The current Intrinsic Value: Projected FCF is ₱7.38. Belle's overall GF Score™ is 75/100 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 Belle (PHS:BEL), the current Intrinsic Value: Projected FCF is ₱7.38 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 Belle (PHS:BEL) Overvalued in 2026?
Based on GuruFocus' analysis, Belle stock appears to be undervalued.
The current stock price of ₱1.17 is trading 15.8% below its estimated GF Value™ of ₱1.39.
GuruFocus considers Belle to be Modestly Undervalued.
Key valuation signals for PHS:BEL:
Intrinsic Value: Projected FCF: ₱7.38
GF Value™: ₱1.39 vs. price of ₱1.17 (15.8% below fair value)
No single metric tells the full story. See the PHS:BEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Belle Corporation is a developer of resort destinations, gaming, and leisure properties in the Philippines, such as City of Dreams Manila and Tagaytay Highlands. Additionally, it owns real estate assets in the Tagaytay Highlands, Midlands, and Greenlands complexes, where it develops premium residential resort projects south of Metro Manila and holds majority proprietary shares in its exclusive club and golf facilities. The Group's operating business segments are: Real Estate Development and Property Management, which generates maximum revenue; Gaming and Gaming Related Activities; and Others.
75GF Score
Get the complete analysis for PHS:BEL
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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