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Bank Handlowy w Warszawie (WAR:BHW) Intrinsic Value: Projected FCF : zł133.24 (As of Jun. 09, 2024)


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What is Bank Handlowy w Warszawie 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 (2024-06-09), Bank Handlowy w Warszawie's Intrinsic Value: Projected FCF is zł133.24. The stock price of Bank Handlowy w Warszawie is zł102.40. Therefore, Bank Handlowy w Warszawie's Price-to-Intrinsic-Value-Projected-FCF of today is 0.8.

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

WAR:BHW' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.16   Med: 0.69   Max: 2.16
Current: 0.77

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Bank Handlowy w Warszawie was 2.16. The lowest was 0.16. And the median was 0.69.

WAR:BHW's Price-to-Projected-FCF is ranked worse than
79.56% of 1218 companies
in the Banks industry
Industry Median: 0.44 vs WAR:BHW: 0.77

Bank Handlowy w Warszawie Intrinsic Value: Projected FCF Historical Data

The historical data trend for Bank Handlowy w Warszawie'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.

Bank Handlowy w Warszawie Intrinsic Value: Projected FCF Chart

Bank Handlowy w Warszawie Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 112.98 134.46 142.16 85.99 123.95

Bank Handlowy w Warszawie Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 129.09 126.86 128.22 123.95 133.24

Competitive Comparison of Bank Handlowy w Warszawie's Intrinsic Value: Projected FCF

For the Banks - Regional subindustry, Bank Handlowy w Warszawie'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.


Bank Handlowy w Warszawie's Price-to-Projected-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank Handlowy w Warszawie's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Bank Handlowy w Warszawie's Price-to-Projected-FCF falls into.



Bank Handlowy w Warszawie 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 Bank Handlowy w Warszawie's Free Cash Flow(6 year avg) = zł614.52.

Bank Handlowy w Warszawie'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 (Mar24)*0.8)/Shares Outstanding (Diluted Average)
=(14.862653310476*614.51904+10344.051*0.8)/130.660
=133.24

* 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.


Bank Handlowy w Warszawie  (WAR:BHW) 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.

Bank Handlowy w Warszawie's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=102.40/133.23606493346
=0.77

* 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.


Bank Handlowy w Warszawie Intrinsic Value: Projected FCF Related Terms

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Bank Handlowy w Warszawie (WAR:BHW) Business Description

Traded in Other Exchanges
Address
Senatorska 16 Street, Warsaw, POL, 00-923
Bank Handlowy w Warszawie SA is the parent company of the Bank Handlowy w Warszawie S.A. Group that operates in Poland. The parent company's principal shareholder is the U.S.-based Citibank Overseas Investment Corporation, which owns the vast majority of its outstanding shares. The subsidiary group's operations include traditional retail, commercial, and investment banking, as well as leasing activities. The group's earning assets are mostly split between loans and advances from customers and debt securities available-for-sale. A majority of the bank's loan portfolio consists of loans made to institutional clients. Its loan book is well diversified with notable exposure to the wholesale trade industry and the utility sector.

Bank Handlowy w Warszawie (WAR:BHW) Headlines

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