TSDOF (Tessenderlo Group NV) Intrinsic Value: Projected FCF: $50.98 (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

TSDOF Tessenderlo Group NV TSDOF
65 GF Score
Price $26.80
GF Value $32.72
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Tessenderlo Group NV Intrinsic Value: Projected FCF?

Tessenderlo Group NV TSDOF +6.43% 65 Intrinsic Value: Projected FCF is $50.98 as of Sep. 21, 2026. GuruFocus rates TSDOF with a GF Score™ of 65/100 and a GF Value™ of $32.72 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 184 Agriculture companies, Tessenderlo Group NV ranks better than 82.07% 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 (2026-09-21), Tessenderlo Group NV's Intrinsic Value: Projected FCF is $50.98. The stock price of Tessenderlo Group NV is $26.80. Therefore, Tessenderlo Group NV's Price-to-Intrinsic-Value-Projected-FCF of today is 0.5.

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

TSDOF' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.46   Med: 0.86   Max: 3.63
Current: 0.53

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Tessenderlo Group NV was 3.63. The lowest was 0.46. And the median was 0.86.

TSDOF's Price-to-Projected-FCF is ranked better than
82.07% of 184 companies
in the Agriculture industry
Industry Median: 0.995 vs TSDOF: 0.53

Tessenderlo Group NV  (OTCPK:TSDOF) 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.

Tessenderlo Group NV's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=26.80/45.135226976317
=0.59

* 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.


Tessenderlo Group NV Intrinsic Value: Projected FCF Related Terms


Tessenderlo Group NV Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Tessenderlo Group NV'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.

Tessenderlo Group NV Intrinsic Value: Projected FCF Chart

Tessenderlo Group NV 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 50.60 58.51 46.49 43.29 46.61

Tessenderlo Group NV Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 43.93 43.88 47.78 45.94 46.60

TSDOF vs CTVA, CF, MOS: Intrinsic Value: Projected FCF Comparison

For the Agricultural Inputs subindustry, Tessenderlo Group NV'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.


Tessenderlo Group NV Price-to-Projected-FCF vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Tessenderlo Group NV's Price-to-Projected-FCF distribution charts can be found below:

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


TSDOF
65GF Score
Tessenderlo Group NV TSDOF
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tessenderlo Group NV 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 Tessenderlo Group NV's Free Cash Flow(6 year avg) = $120.59.

Tessenderlo Group NV'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 (Dec25)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*120.58912714286+1984.703055*0.8)/60.613705
=45.14

* 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 $50.98 mean?
Tessenderlo Group NV (TSDOF) has a Intrinsic Value: Projected FCF of $50.98 as of Sep. 21, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Tessenderlo Group NV and its competitors. According to the industry distribution chart, Tessenderlo Group NV ranks #33 out of 184 companies in the Agriculture industry, placing it in the top 17.9%.
Is Tessenderlo Group NV's Intrinsic Value: Projected FCF too high?
Tessenderlo Group NV's current Intrinsic Value: Projected FCF is $50.98. The Agriculture industry median Intrinsic Value: Projected FCF is 1.00. Tessenderlo Group NV's value of $50.98 is 5023.6% above this industry median. Based on the distribution chart, Tessenderlo Group NV ranks #33 out of 184 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, Tessenderlo Group NV has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tessenderlo Group NV's Intrinsic Value: Projected FCF compare to CTVA and CF?
According to the Agriculture industry distribution chart, Tessenderlo Group NV ranks #33 out of 184 companies for Intrinsic Value: Projected FCF. This places Tessenderlo Group NV in the top 18% of its industry — outperforming the majority of peers. The industry median Intrinsic Value: Projected FCF is 1.00. Tessenderlo Group NV's value of $50.98 is 5023.6% 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 an Agriculture company?
The median Intrinsic Value: Projected FCF among Agriculture companies is 1.00, based on 184 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. Tessenderlo Group NV's current Intrinsic Value: Projected FCF of $50.98 is 5023.6% 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 Tessenderlo Group NV and its competitors. For the Agriculture industry, the median Intrinsic Value: Projected FCF is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tessenderlo Group NV's current Intrinsic Value: Projected FCF is $50.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tessenderlo Group NV stock overvalued right now?
Based on GuruFocus' analysis, Tessenderlo Group NV (TSDOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $32.72, compared to a current price of $26.80 — trading 18.1% below its estimated fair value. The current Intrinsic Value: Projected FCF is $50.98 and 5023.6% above the Agriculture industry median of 1.00. Tessenderlo Group NV's overall GF Score™ is 65/100 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 Tessenderlo Group NV (TSDOF), the current Intrinsic Value: Projected FCF is $50.98 as of Sep. 21, 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 Tessenderlo Group NV (TSDOF) Overvalued in 2026?

Based on GuruFocus' analysis, Tessenderlo Group NV stock appears to be undervalued. The current stock price of $26.80 is trading 18.1% below its estimated GF Value™ of $32.72. GuruFocus considers Tessenderlo Group NV to be Modestly Undervalued.

Key valuation signals for TSDOF:

  • Intrinsic Value: Projected FCF: $50.98
  • GF Value™: $32.72 vs. price of $26.80 (18.1% below fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 5023.6% above the Agriculture median (#33 of 184)

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


Tessenderlo Group NV Business Description

Address Troonstraat 130 Rue du Trone, Brussels, BEL, 1050
Tessenderlo Group NV focuses on agriculture, valorizing bio-residuals, machinery, mechanical engineering, electronics, energy, and providing industrial solutions with a focus on water. The firm produces and sells products across five segments: Agro, Industrial Solutions, Bio-Valorization, T-Power, and Machines & Technologies. The majority of its revenue comes from the Agro segment. The Agro segment encompasses activities in agriculture, including crop nutrition and crop protection products. This segment includes the business units Tessenderlo Kerley North America, Tessenderlo Kerley International, and Violleau. Its geographical segments include Europe, North America, South America, Asia, and the rest of the world, with Europe generating the maximum revenue.
65GF Score

Get the complete analysis for TSDOF

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

$26.80
Price
$32.72
GF Value