TPB (Turning Point Brands) Intrinsic Value: Projected FCF: $41.51 (As of Sep. 07, 2026)

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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.

TPB Turning Point Brands Inc TPB
88 GF Score
Price $75.22
GF Value $88.14
Valuation Modestly Undervalued
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What is Turning Point Brands Intrinsic Value: Projected FCF?

Turning Point Brands TPB -2.24% 88 Intrinsic Value: Projected FCF is $41.51 as of Sep. 07, 2026. GuruFocus rates TPB with a GF Score™ of 88/100 and a GF Value™ of $88.14 (Modestly Undervalued). Among 32 Tobacco Products companies, Turning Point Brands ranks worse than 68.75% 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 (2026-09-07), Turning Point Brands's Intrinsic Value: Projected FCF is $41.51. The stock price of Turning Point Brands is $75.22. Therefore, Turning Point Brands's Price-to-Intrinsic-Value-Projected-FCF of today is 1.8.

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

TPB' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.96   Med: 1.86   Max: 3.08
Current: 1.81

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Turning Point Brands was 3.08. The lowest was 0.96. And the median was 1.86.

TPB's Price-to-Projected-FCF is ranked worse than
68.75% of 32 companies
in the Tobacco Products industry
Industry Median: 1.31 vs TPB: 1.81

Turning Point Brands  (NYSE:TPB) 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.

Turning Point Brands's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=75.22/41.512986140646
=1.81

* 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.


Turning Point Brands Intrinsic Value: Projected FCF Related Terms


Turning Point Brands Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Turning Point Brands'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.

Turning Point Brands Intrinsic Value: Projected FCF Chart

Turning Point Brands 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 20.34 22.57 23.24 31.75 38.48

Turning Point Brands 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 33.53 37.61 38.48 38.70 41.51

TPB vs AIIR, UVV, ISPR: Intrinsic Value: Projected FCF Comparison

For the Tobacco subindustry, Turning Point Brands'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.


Turning Point Brands Price-to-Projected-FCF vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Turning Point Brands's Price-to-Projected-FCF distribution charts can be found below:

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


TPB
88GF Score
Turning Point Brands Inc TPB
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Turning Point Brands 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 Turning Point Brands's Free Cash Flow(6 year avg) = $43.92.

Turning Point Brands'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)
=(11.222205783355*43.91872+430.098*0.8)/20.161
=41.51

* 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 $41.51 mean?
Turning Point Brands (TPB) has a Intrinsic Value: Projected FCF of $41.51 as of Sep. 07, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Turning Point Brands and its competitors. According to the industry distribution chart, Turning Point Brands ranks #22 out of 32 companies in the Tobacco Products industry, placing it in the top 68.7%.
Is Turning Point Brands' Intrinsic Value: Projected FCF too high?
Turning Point Brands' current Intrinsic Value: Projected FCF is $41.51. The Tobacco Products industry median Intrinsic Value: Projected FCF is 1.31. Turning Point Brands' value of $41.51 is 3068.7% above this industry median. Based on the distribution chart, Turning Point Brands ranks #22 out of 32 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, Turning Point Brands has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Turning Point Brands' Intrinsic Value: Projected FCF compare to AIIR and UVV?
According to the Tobacco Products industry distribution chart, Turning Point Brands ranks #22 out of 32 companies for Intrinsic Value: Projected FCF. This places Turning Point Brands in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 1.31. Turning Point Brands' value of $41.51 is 3068.7% 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 Tobacco Products company?
The median Intrinsic Value: Projected FCF among Tobacco Products companies is 1.31, based on 32 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. Turning Point Brands's current Intrinsic Value: Projected FCF of $41.51 is 3068.7% 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 Turning Point Brands and its competitors. For the Tobacco Products industry, the median Intrinsic Value: Projected FCF is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turning Point Brands's current Intrinsic Value: Projected FCF is $41.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turning Point Brands stock overvalued right now?
Based on GuruFocus' analysis, Turning Point Brands (TPB) is currently considered Modestly Undervalued. The stock's GF Value™ is $88.14, compared to a current price of $75.22 — trading 14.7% below its estimated fair value. The current Intrinsic Value: Projected FCF is $41.51 and 3068.7% above the Tobacco Products industry median of 1.31. Turning Point Brands' overall GF Score™ is 88/100. 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 Turning Point Brands (TPB), the current Intrinsic Value: Projected FCF is $41.51 as of Sep. 07, 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 Turning Point Brands (TPB) Overvalued in 2026?

Based on GuruFocus' analysis, Turning Point Brands stock appears to be undervalued. The current stock price of $75.22 is trading 14.7% below its estimated GF Value™ of $88.14. GuruFocus considers Turning Point Brands to be Modestly Undervalued.

Key valuation signals for TPB:

  • Intrinsic Value: Projected FCF: $41.51
  • GF Value™: $88.14 vs. price of $75.22 (14.7% below fair value)
  • GF Score™: 88/100
  • Industry Position: 3068.7% above the Tobacco Products median (#22 of 32)

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


Turning Point Brands Business Description

Other Exchanges 0T5:Germany
Address 5201 Interchange Way, Louisville, KY, USA, 40229
Turning Point Brands Inc operates as a manufacturer, marketer, and provider of consumer products that include Other Tobacco Products (OTP) in the U.S. The company offers a wide variety across the OTP spectrum, including moist snuff tobacco (MST), loose-leaf chewing tobacco, premium cigarette papers, make- your-own (MYO) cigar wraps, cigars, liquid vapor products, and tobacco vaporizer products. It operates in two segments, namely Zig-Zag products and Stoker's products segment. The company generates maximum revenue from the Zig-Zag products segment.
88GF Score

Get the complete analysis for TPB

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

$75.22
Price
$88.14
GF Value