GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » McMillan Shakespeare Ltd (STU:NMN) » Definitions » Intrinsic Value: Projected FCF

McMillan Shakespeare (STU:NMN) Intrinsic Value: Projected FCF : €7.17 (As of Jun. 03, 2025)


View and export this data going back to 2024. Start your Free Trial

What is McMillan Shakespeare Intrinsic Value: Projected FCF?

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 (2025-06-03), McMillan Shakespeare's Intrinsic Value: Projected FCF is €7.17. The stock price of McMillan Shakespeare is €8.70. Therefore, McMillan Shakespeare's Price-to-Intrinsic-Value-Projected-FCF of today is 1.2.

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

STU:NMN' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.57   Med: 1.33   Max: 1.94
Current: 1.21

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of McMillan Shakespeare was 1.94. The lowest was 0.57. And the median was 1.33.

STU:NMN's Price-to-Projected-FCF is ranked worse than
65.72% of 671 companies
in the Business Services industry
Industry Median: 0.88 vs STU:NMN: 1.21

McMillan Shakespeare Intrinsic Value: Projected FCF Historical Data

The historical data trend for McMillan Shakespeare'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.

* Premium members only.

McMillan Shakespeare Intrinsic Value: Projected FCF Chart

McMillan Shakespeare Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 7.60

McMillan Shakespeare Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - - - 7.60 -

Competitive Comparison of McMillan Shakespeare's Intrinsic Value: Projected FCF

For the Staffing & Employment Services subindustry, McMillan Shakespeare'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.


McMillan Shakespeare's Price-to-Projected-FCF Distribution in the Business Services Industry

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

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


;
;

McMillan Shakespeare 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 McMillan Shakespeare's Free Cash Flow(6 year avg) = €51.44.

McMillan Shakespeare'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 (Jun24)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*51.435571428571+79.479*0.8)/70.208
=7.88

* 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.


McMillan Shakespeare  (STU:NMN) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=8.70/7.8804114137899
=1.10

* 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.


McMillan Shakespeare Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of McMillan Shakespeare's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


McMillan Shakespeare Business Description

Traded in Other Exchanges
Address
360 Elizabeth Street, Level 21, The Tower, Melbourne Central, Melbourne, VIC, AUS, 3000
McMillan Shakespeare is a provider of salary packaging, novated leasing, disability plan management and support co-ordination, and fleet management services. It actively works to cross-sell its products to clients, for example, selling its salary packaging services to its fleet management customers in Australia and New Zealand. McMillan dominates Australia's salary packaging market together with Smartgroup (also covered by Morningstar), and is also a large provider of novated leasing services by volumes—together with Smartgroup and SG Fleet. The group has three operating segments: group remuneration services, asset management services, and plan and support services. Most of the group's revenue is generated from the group remuneration services segment.

McMillan Shakespeare Headlines

No Headlines