Termovent SC livnica celika a.d. Backa Topola (XBEL:TLVC) Intrinsic Value: Projected FCF: RSD0.00 (As of Sep. 22, 2026)

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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
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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.

XBEL:TLVC Termovent SC livnica celika a.d. Backa Topola XBEL:TLVC
26 GF Score
Price RSD2,400.00
! 1 Warning Sign
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What is Termovent SC livnica celika a.d. Backa Topola Intrinsic Value: Projected FCF?

Termovent SC livnica celika a.d. Backa Topola XBEL:TLVC 26 Intrinsic Value: Projected FCF is RSD0.00 as of Sep. 22, 2026. GuruFocus rates XBEL:TLVC with a GF Score™ of 26/100. The stock has 1 warning sign investors should review.

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 (2026-09-22), Termovent SC livnica celika a.d. Backa Topola's Intrinsic Value: Projected FCF is RSD0.00. The stock price of Termovent SC livnica celika a.d. Backa Topola is RSD2400.00. Therefore, Termovent SC livnica celika a.d. Backa Topola's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Termovent SC livnica celika a.d. Backa Topola's Intrinsic Value: Projected FCF or its related term are showing as below:

XBEL:TLVC's Price-to-Projected-FCF is not ranked *
in the Steel industry.
Industry Median: 0.73
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Termovent SC livnica celika a.d. Backa Topola  (XBEL:TLVC) 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.

Termovent SC livnica celika a.d. Backa Topola's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=2400.00/
=

* 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.


Termovent SC livnica celika a.d. Backa Topola Intrinsic Value: Projected FCF Related Terms


Termovent SC livnica celika a.d. Backa Topola Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Termovent SC livnica celika a.d. Backa Topola'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.

Termovent SC livnica celika a.d. Backa Topola Intrinsic Value: Projected FCF Chart

Termovent SC livnica celika a.d. Backa Topola Annual Data
Trend
Intrinsic Value: Projected FCF

Termovent SC livnica celika a.d. Backa Topola Semi-Annual Data
Intrinsic Value: Projected FCF

Termovent SC livnica celika a.d. Backa Topola Intrinsic Value: Projected FCF Competitor Comparison

For the Steel subindustry, Termovent SC livnica celika a.d. Backa Topola'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.


Termovent SC livnica celika a.d. Backa Topola Price-to-Projected-FCF vs Steel Industry

For the Steel industry and Basic Materials sector, Termovent SC livnica celika a.d. Backa Topola's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Termovent SC livnica celika a.d. Backa Topola's Price-to-Projected-FCF falls into.


XBEL:TLVC
26GF Score
Termovent SC livnica celika a.d. Backa Topola XBEL:TLVC
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Termovent SC livnica celika a.d. Backa Topola 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 RSD0.00 mean?
Termovent SC livnica celika a.d. Backa Topola (XBEL:TLVC) has a Intrinsic Value: Projected FCF of RSD0.00 as of Sep. 22, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Termovent SC livnica celika a.d. Backa Topola and its competitors.
Is Termovent SC livnica celika a.d. Backa Topola's Intrinsic Value: Projected FCF too high?
Termovent SC livnica celika a.d. Backa Topola's current Intrinsic Value: Projected FCF is RSD0.00. Overall, Termovent SC livnica celika a.d. Backa Topola has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Termovent SC livnica celika a.d. Backa Topola's Intrinsic Value: Projected FCF compare to competitors?
Termovent SC livnica celika a.d. Backa Topola's Intrinsic Value: Projected FCF of RSD0.00 can be compared against companies in the Steel industry. The industry median Intrinsic Value: Projected FCF is 0.73. 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 Steel company?
The median Intrinsic Value: Projected FCF among Steel companies is 0.73, based on 447 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 Termovent SC livnica celika a.d. Backa Topola and its competitors. For the Steel industry, the median Intrinsic Value: Projected FCF is 0.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Termovent SC livnica celika a.d. Backa Topola's current Intrinsic Value: Projected FCF is RSD0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Termovent SC livnica celika a.d. Backa Topola stock overvalued right now?
Termovent SC livnica celika a.d. Backa Topola (XBEL:TLVC) has a current Intrinsic Value: Projected FCF of RSD0.00. The current Intrinsic Value: Projected FCF is RSD0.00. Termovent SC livnica celika a.d. Backa Topola's overall GF Score™ is 26/100 with 1 warning sign 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 Termovent SC livnica celika a.d. Backa Topola (XBEL:TLVC), the current Intrinsic Value: Projected FCF is RSD0.00 as of Sep. 22, 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.

Termovent SC livnica celika a.d. Backa Topola Business Description

Address Industrial Zone Bb, Backa Topola, SRB, 24300
Termovent SC livnica celika a.d. Backa Topola manufactures casting steel and alloyed steel products. The company products are used in thermal power plants, machinery manufacturing, the cement industry, the building materials industry, railways, and in the manufacture of reinforcing. Its products include pump housing, impellers, valve body, valve bonnet, hammers, teeth holders, snails, and other products.
26GF Score

Get the complete analysis for XBEL:TLVC

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

RSD2,400.00
Price