SST (System1) Intrinsic Value: Projected FCF: $0.00 (As of Sep. 09, 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.

SST System1 Inc SST
43 GF Score
Price $4.41
GF Value $4.29
Valuation Fairly Valued
! 6 Warning Signs
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What is System1 Intrinsic Value: Projected FCF?

System1 SST -11.80% 43 Intrinsic Value: Projected FCF is $0.00 as of Sep. 09, 2026. GuruFocus rates SST with a GF Score™ of 43/100 and a GF Value™ of $4.29 (Fairly Valued). The stock has 6 warning signs investors should review. Among 686 Business Services companies, System1 ranks worse than 145772.45% 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 (2026-09-09), System1's Intrinsic Value: Projected FCF is $0.00. The stock price of System1 is $4.41. Therefore, System1's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for System1's Intrinsic Value: Projected FCF or its related term are showing as below:

SST's Price-to-Projected-FCF is not ranked *
in the Business Services industry.
Industry Median: 0.86
* Ranked among companies with meaningful Price-to-Projected-FCF only.

System1  (NYSE:SST) 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.

System1's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=4.41/
=

* 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.


System1 Intrinsic Value: Projected FCF Related Terms


System1 Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for System1'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.

System1 Intrinsic Value: Projected FCF Chart

System1 Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

System1 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 0.00 0.00 0.00 0.00 0.00

SST vs SFRX, SMX, PMEC: Intrinsic Value: Projected FCF Comparison

For the Specialty Business Services subindustry, System1'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.


System1 Price-to-Projected-FCF vs Business Services Industry

For the Business Services industry and Industrials sector, System1's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where System1's Price-to-Projected-FCF falls into.


SST
43GF Score
System1 Inc SST
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

System1 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)


What does a Intrinsic Value: Projected FCF of $0.00 mean?
System1 (SST) has a Intrinsic Value: Projected FCF of $0.00 as of Sep. 09, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on System1 and its competitors. According to the industry distribution chart, System1 ranks #999999 out of 686 companies in the Business Services industry.
Is System1's Intrinsic Value: Projected FCF too high?
System1's current Intrinsic Value: Projected FCF is $0.00. Based on the distribution chart, System1 ranks #999999 out of 686 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, System1 has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does System1's Intrinsic Value: Projected FCF compare to SFRX and SMX?
According to the Business Services industry distribution chart, System1 ranks #999999 out of 686 companies for Intrinsic Value: Projected FCF. This places System1 in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.86. 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 Business Services company?
The median Intrinsic Value: Projected FCF among Business Services companies is 0.86, based on 686 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 System1 and its competitors. For the Business Services industry, the median Intrinsic Value: Projected FCF is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. System1's current Intrinsic Value: Projected FCF is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is System1 stock overvalued right now?
Based on GuruFocus' analysis, System1 (SST) is currently considered Fairly Valued. The stock's GF Value™ is $4.29, compared to a current price of $4.41 — trading 2.8% above its estimated fair value. The current Intrinsic Value: Projected FCF is $0.00. System1's overall GF Score™ is 43/100 with 6 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 System1 (SST), the current Intrinsic Value: Projected FCF is $0.00 as of Sep. 09, 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 System1 (SST) Overvalued in 2026?

Based on GuruFocus' analysis, System1 stock appears to be overvalued. The current stock price of $4.41 is trading 2.8% above its estimated GF Value™ of $4.29. GuruFocus considers System1 to be Fairly Valued.

Key valuation signals for SST:

  • Intrinsic Value: Projected FCF: $0.00
  • GF Value™: $4.29 vs. price of $4.41 (2.8% above fair value)
  • GF Score™: 43/100 with 6 warning signs

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


System1 Business Description

Address 4235 Redwood Avenue, Los Angeles, CA, USA, 90066
System1 Inc develops technology and data science to operate a responsive acquisition marketing platform. It operate several flagship brands across multiple consumer verticals, including shopping, travel and search, and a customer acquisition and marketing platform powered by Artificial Intelligence and machine learning. The company's segment includes Marketing and Products. It generates maximum revenue from the Marketing segment. Geographically, it operates in United States and Other countries.
43GF Score

Get the complete analysis for SST

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

$4.41
Price
$4.29
GF Value