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Ashford (Ashford) Intrinsic Value: Projected FCF : $82.66 (As of Apr. 26, 2024)


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What is Ashford 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 (2024-04-26), Ashford's Intrinsic Value: Projected FCF is $82.66. The stock price of Ashford is $4.85. Therefore, Ashford's Price-to-Intrinsic-Value-Projected-FCF of today is 0.1.

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

AINC' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.04   Med: 0.09   Max: 0.38
Current: 0.06

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Ashford was 0.38. The lowest was 0.04. And the median was 0.09.

AINC's Price-to-Projected-FCF is ranked better than
98.82% of 929 companies
in the Asset Management industry
Industry Median: 0.92 vs AINC: 0.06

Ashford Intrinsic Value: Projected FCF Historical Data

The historical data trend for Ashford'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.

Ashford Intrinsic Value: Projected FCF Chart

Ashford 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 238.83 220.47 198.52 118.37 82.66

Ashford 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 118.37 102.72 85.23 88.62 82.66

Competitive Comparison of Ashford's Intrinsic Value: Projected FCF

For the Asset Management subindustry, Ashford'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.


Ashford's Price-to-Projected-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ashford's Price-to-Projected-FCF distribution charts can be found below:

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



Ashford 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 Ashford's Free Cash Flow(6 year avg) = $8.40.

Ashford'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)
=(14.862653310476*8.40432+166.428*0.8)/3.122
=82.66

* 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.


Ashford  (AMEX:AINC) 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.

Ashford's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=4.85/82.656276255701
=0.06

* 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.


Ashford Intrinsic Value: Projected FCF Related Terms

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Ashford (Ashford) Business Description

Traded in Other Exchanges
Address
14185 Dallas Parkway, Suite 1200, Dallas, TX, USA, 75254
Ashford Inc is a provider of asset management and advisory services to other entities, primarily within the hospitality industry. The company's operating segments include REIT Advisory, Remington, Premier, INSPIRE, RED and OpenKey, and Corporate and Other. It generates maximum revenue from the Remington segment. INSPIRE segment provides event technology and creative communications solutions services. The REIT Advisory segment provides asset management and advisory services to other entities. Its Remington segment provides hotel management services. Geographically, it derives a majority of its revenue from the United States and also has a presence in Mexico and All other countries.
Executives
Darrell T Hail director 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Jeremy Welter officer: EVP - Asset Management 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Alex Rose officer: Exec. VP, GC and Secretary 14185 DALLAS PARKWAY, SUITE 1200, DALLAS TX 75254
Deric S Eubanks officer: CFO and Treasurer 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Robert G. Haiman officer: Exec. VP, GC and Secretary 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Mark Nunneley officer: Chief Accounting Officer 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Ashford Hospitality Trust Inc 10 percent owner 14185 DALLAS PARKWAY SUITE 1100, DALLAS TX 75254
W Michael Murphy director 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Hays J Robison Iii officer: Chief Strategy Officer 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Archie Jr Bennett 10 percent owner 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Ashford Hospitality Lp 10 percent owner 14180 DALLAS PARKWAY, 9TH FLOOR, DALLAS TX 75254
Uno Immanivong director 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Richard J Stockton other: CEO of Ashford Hosp. Prime Inc 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Ashford Op Ltd Partner Llc 10 percent owner 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Brian Wheeler director 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254