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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.
The historical rank and industry rank for Steel Partners Holdings LP's Intrinsic Value: Projected FCF or its related term are showing as below:
SPLP'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.11 Med: 0.52 Max: 1.63
Current: 0.48
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Steel Partners Holdings LP was 1.63. The lowest was 0.11. And the median was 0.52.
SPLP's Price-to-Projected-FCF is not ranked
in the Conglomerates industry.
Industry Median: 0.84
vs SPLP: 0.48
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.
Steel Partners Holdings LP's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
50.00
/
104.95573059432
=
0.48
* 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.
Steel Partners Holdings LP Intrinsic Value: Projected FCF Related Terms
Steel Partners Holdings LP Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Steel Partners Holdings LP'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.
SPLP vs MATW, DLX, FIP: Intrinsic Value: Projected FCF Comparison
For the Conglomerates subindustry, Steel Partners Holdings LP'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.
Steel Partners Holdings LP Price-to-Projected-FCF vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Steel Partners Holdings LP's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Steel Partners Holdings LP'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 $104.96 mean?
Steel Partners Holdings LP (SPLP) has a Intrinsic Value: Projected FCF of $104.96 as of Aug. 02, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Steel Partners Holdings LP and its competitors. This is 20085% above median its historical median of 0.52. Over the past decade, Steel Partners Holdings LP's Intrinsic Value: Projected FCF has ranged from 0.11 to 1.63.
Is Steel Partners Holdings LP's Intrinsic Value: Projected FCF too high?
Steel Partners Holdings LP's current Intrinsic Value: Projected FCF of $104.96 is 20085% above median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 1.63. The Conglomerates industry median Intrinsic Value: Projected FCF is 0.84. Steel Partners Holdings LP's value of $104.96 is 12395.2% above this industry median. Overall, Steel Partners Holdings LP has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Steel Partners Holdings LP's Intrinsic Value: Projected FCF compare to MATW and DLX?
Steel Partners Holdings LP's Intrinsic Value: Projected FCF of $104.96 can be compared against companies in the Conglomerates industry. The industry median Intrinsic Value: Projected FCF is 0.84. Steel Partners Holdings LP's value of $104.96 is 12395.2% above this benchmark. Historically, Steel Partners Holdings LP's own Intrinsic Value: Projected FCF has ranged from 0.11 to 1.63 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.84, Steel Partners Holdings LP has consistently been above the industry average. 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 Conglomerates company?
The median Intrinsic Value: Projected FCF among Conglomerates companies is 0.84, based on 422 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. Steel Partners Holdings LP's current Intrinsic Value: Projected FCF of $104.96 is 12395.2% 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 Steel Partners Holdings LP and its competitors. For the Conglomerates industry, the median Intrinsic Value: Projected FCF is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Partners Holdings LP's current Intrinsic Value: Projected FCF is $104.96, which is 20085% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Partners Holdings LP stock overvalued right now?
Steel Partners Holdings LP (SPLP) has a current Intrinsic Value: Projected FCF of $104.96. The stock's GF Value™ is $51.26, compared to a current price of $50.00 — trading 2.5% below its estimated fair value. The current Intrinsic Value: Projected FCF is $104.96, which is 20085% above median its 10-year median of 0.52 and 12395.2% above the Conglomerates industry median of 0.84. Steel Partners Holdings LP's overall GF Score™ is 66/100 with 5 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 Steel Partners Holdings LP (SPLP), the current Intrinsic Value: Projected FCF is $104.96 as of Aug. 02, 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 Steel Partners Holdings LP (SPLP) Overvalued in 2026?
Based on GuruFocus' analysis, Steel Partners Holdings LP stock appears to be undervalued.
The current stock price of $50.00 is trading 2.5% below its estimated GF Value™ of $51.26.
Key valuation signals for SPLP:
Intrinsic Value: Projected FCF: $104.96 (20085% above median its 10-year median of 0.52)
GF Value™: $51.26 vs. price of $50.00 (2.5% below fair value)
Industry Position: 12395.2% above the Conglomerates median
No single metric tells the full story. See the SPLP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steel Partners Holdings LP operates in industrial products, energy, defense, supply chain management and logistics, banking, and youth sports industries. Its segments include the Diversified Industrial segment comprised of manufacturers of engineered niche industrial products, joining materials, tubing, building materials, performance materials etc; the Energy segment provides drilling and production services to the oil and gas industry and owns a youth sports business; the Financial Services segment consists of the operations of WebBank, a Utah chartered industrial bank, which engages in full range of banking activities; The Supply Chain segment consists of end-to-end world-wide supply; and Corporate and Other consists of equity method and other investments, and cash and cash equivalents.
66GF Score
Get the complete analysis for SPLP
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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