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Clough Global Equity Fund (Clough Global Equity Fund) Intrinsic Value: Projected FCF : $20.46 (As of Apr. 26, 2024)


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What is Clough Global Equity Fund 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), Clough Global Equity Fund's Intrinsic Value: Projected FCF is $20.46. The stock price of Clough Global Equity Fund is $6.32. Therefore, Clough Global Equity Fund's Price-to-Intrinsic-Value-Projected-FCF of today is 0.3.

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

GLQ' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.26   Med: 0.33   Max: 0.53
Current: 0.31

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Clough Global Equity Fund was 0.53. The lowest was 0.26. And the median was 0.33.

GLQ's Price-to-Projected-FCF is ranked better than
91.5% of 929 companies
in the Asset Management industry
Industry Median: 0.92 vs GLQ: 0.31

Clough Global Equity Fund Intrinsic Value: Projected FCF Historical Data

The historical data trend for Clough Global Equity Fund'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.

Clough Global Equity Fund Intrinsic Value: Projected FCF Chart

Clough Global Equity Fund Annual Data
Trend Mar14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.86 35.70 33.60 20.86 20.46

Clough Global Equity Fund Semi-Annual Data
Mar14 Sep14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 33.60 - 20.86 - 20.46

Competitive Comparison of Clough Global Equity Fund's Intrinsic Value: Projected FCF

For the Asset Management subindustry, Clough Global Equity Fund'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.


Clough Global Equity Fund's Price-to-Projected-FCF Distribution in the Asset Management Industry

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

* The bar in red indicates where Clough Global Equity Fund's Price-to-Projected-FCF falls into.



Clough Global Equity Fund 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 Clough Global Equity Fund's Free Cash Flow(6 year avg) = $30.05.

Clough Global Equity Fund'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 (Oct23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*30.051857142857+121.519*0.8)/18.735
=20.46

* 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.


Clough Global Equity Fund  (AMEX:GLQ) 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.

Clough Global Equity Fund's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=6.32/20.460071850104
=0.31

* 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.


Clough Global Equity Fund Intrinsic Value: Projected FCF Related Terms

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Clough Global Equity Fund (Clough Global Equity Fund) Business Description

Traded in Other Exchanges
N/A
Address
1290 Broadway, Suite 1000, Denver, CO, USA, 80203
Clough Global Equity Fund is a closed-end management investment company. Its investment objective is to provide a high level of total return. The Fund invests in the equity, equity-related securities, and fixed-income securities in both U.S. and non-U.S. markets.
Executives
Charles Jr Clough other: person affiliated w/ Inv. Adv. 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Christopher Moore officer: Secretary 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jill Kerschen officer: Treasurer 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Clough Capital Partners, L.p. other: Investment Advisor of Fund 53 STATE STREET, 27TH FLOOR, SUITE 2702, BOSTON MA 02109
Lainey Ejiasa officer: President 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Dylan Riter Mikel other: Assistant Treasurer 2921 SOUTH COORS DRIVE, LAKEWOOD CO 80228
Adams Nicholas other: Secretary 1055 BROADWAY, 3RD FL, KANSAS CITY MT 64105
Ryan Johanson officer: Treasurer 1290 BROADWAY SUITE 1000, DENVER CO 80203
Alex James Marks officer: Assistant Secretary 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Erich Rettinger officer: Treasurer 1290 BROADWAY SUITE 1100, DENVER CO 80203
Michael Jason Hearle other: Person affiliated with Inv Adv 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Kevin Joseph Mcnally officer: Trustee 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Kelly Mcewen officer: Treasurer 5050 S. SYRACUSE ST., SUITE 1100, DENVER CO 80237
Karen Ann Digravio other: Trustee 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jerry G Rutledge director 2745 SPRINGMEDE COURT, COLORADO SPRINGS CO 80906