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LEG Immobilien SE (XTER:LEG) Intrinsic Value: Projected FCF : €89.45 (As of Apr. 30, 2024)


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What is LEG Immobilien SE 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 (2024-04-30), LEG Immobilien SE's Intrinsic Value: Projected FCF is €89.45. The stock price of LEG Immobilien SE is €77.52. Therefore, LEG Immobilien SE's Price-to-Intrinsic-Value-Projected-FCF of today is 0.9.

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

XTER:LEG' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.62   Med: 1.1   Max: 1.63
Current: 0.87

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of LEG Immobilien SE was 1.63. The lowest was 0.62. And the median was 1.10.

XTER:LEG's Price-to-Projected-FCF is ranked worse than
61.68% of 1263 companies
in the Real Estate industry
Industry Median: 0.64 vs XTER:LEG: 0.87

LEG Immobilien SE Intrinsic Value: Projected FCF Historical Data

The historical data trend for LEG Immobilien SE'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.

LEG Immobilien SE Intrinsic Value: Projected FCF Chart

LEG Immobilien SE 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 90.75 104.33 122.81 98.55 89.45

LEG Immobilien SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 98.55 126.55 127.71 130.06 89.45

Competitive Comparison of LEG Immobilien SE's Intrinsic Value: Projected FCF

For the Real Estate Services subindustry, LEG Immobilien SE'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.


LEG Immobilien SE's Price-to-Projected-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, LEG Immobilien SE's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where LEG Immobilien SE's Price-to-Projected-FCF falls into.



LEG Immobilien SE 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 LEG Immobilien SE's Free Cash Flow(6 year avg) = €329.62.

LEG Immobilien SE'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 (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(9.7180950547477*329.616+7463.2*0.8)/102.559
=89.45

* 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.


LEG Immobilien SE  (XTER:LEG) 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.

LEG Immobilien SE's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=77.52/89.448996378336
=0.87

* 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.


LEG Immobilien SE Intrinsic Value: Projected FCF Related Terms

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


LEG Immobilien SE (XTER:LEG) Business Description

Industry
Traded in Other Exchanges
Address
Flughafenstrasse 99, Dusseldorf, NW, DEU, D-40474
LEG Immobilien SE is a general real estate company. The company's portfolio consists primarily of residential units, followed by garages, parking spaces, and commercial units. The business model is supplemented by the targeted development of innovative value-added services. LEG is primarily focused on the German market of the North Rhine-Westphalia region. The company divides its portfolio into three groups: high growth markets, stable markets, and higher-yielding markets. LEG considers merger and acquisition investment as a potential component of its operational growth strategy.
Executives
Dr. Volker Wiegel Board of Directors
Dr. Kathrin Köhling Board of Directors
Michael Zimmer Supervisory Board
Lars Von Lackum Board of Directors
Susanne Schröter-crossan Board of Directors
Martin Wiesmann Supervisory Board

LEG Immobilien SE (XTER:LEG) Headlines

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