GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » American Axle & Mfg Holdings Inc (NYSE:AXL) » Definitions » Intrinsic Value: Projected FCF

American Axle & Mfg Holdings (American Axle & Mfg Holdings) Intrinsic Value: Projected FCF : $23.26 (As of Apr. 27, 2024)


View and export this data going back to 1999. Start your Free Trial

What is American Axle & Mfg Holdings 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 (2024-04-27), American Axle & Mfg Holdings's Intrinsic Value: Projected FCF is $23.26. The stock price of American Axle & Mfg Holdings is $7.52. Therefore, American Axle & Mfg Holdings's Price-to-Intrinsic-Value-Projected-FCF of today is 0.3.

The historical rank and industry rank for American Axle & Mfg Holdings's Intrinsic Value: Projected FCF or its related term are showing as below:

AXL' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.32   Med: 0.47   Max: 37.84
Current: 0.32

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of American Axle & Mfg Holdings was 37.84. The lowest was 0.32. And the median was 0.47.

AXL's Price-to-Projected-FCF is ranked better than
93.8% of 887 companies
in the Vehicles & Parts industry
Industry Median: 1.08 vs AXL: 0.32

American Axle & Mfg Holdings Intrinsic Value: Projected FCF Historical Data

The historical data trend for American Axle & Mfg Holdings'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.

American Axle & Mfg Holdings Intrinsic Value: Projected FCF Chart

American Axle & Mfg Holdings 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 21.22 18.29 24.04 23.28 23.26

American Axle & Mfg Holdings 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 23.28 22.60 23.20 24.17 23.26

Competitive Comparison of American Axle & Mfg Holdings's Intrinsic Value: Projected FCF

For the Auto Parts subindustry, American Axle & Mfg Holdings'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.


American Axle & Mfg Holdings's Price-to-Projected-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, American Axle & Mfg Holdings's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where American Axle & Mfg Holdings's Price-to-Projected-FCF falls into.



American Axle & Mfg Holdings 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 American Axle & Mfg Holdings's Free Cash Flow(6 year avg) = $234.78.

American Axle & Mfg Holdings'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)
=(9.5203515959648*234.784+604.9*0.8)/116.900
=23.26

* 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.


American Axle & Mfg Holdings  (NYSE:AXL) 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.

American Axle & Mfg Holdings's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=7.52/23.260446784491
=0.32

* 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.


American Axle & Mfg Holdings Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of American Axle & Mfg Holdings's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


American Axle & Mfg Holdings (American Axle & Mfg Holdings) Business Description

Traded in Other Exchanges
Address
One Dauch Drive, Detroit, MI, USA, 48211-1198
American Axle & Mfg Holdings Inc is engaged in manufacturing, engineering, designing and validation of driveline systems and related components and chassis modules for light trucks, SUVs, crossover vehicles, passenger cars, and commercial vehicles. The company's segment includes Driveline and Metal Forming. It generates maximum revenue from the Driveline segment.
Executives
Terri M. Kemp officer: Senior VP Human Resources ONE DAUCH DRIVE, DETROIT MI 48211
Matthew K. Paroly officer: VP & General Counsel ONE DAUCH DRIVE, DETROIT MI 48211
Norman Willemse officer: VP, Metal Form Prod. Bus. Unit ONE DAUCH DRIVE, DETROIT MI 48211-1198
James A Mccaslin director
Herbert K Parker director 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
John F. Smith director ONE DAUCH DR., DETROIT MI 48211
Tolga I Oal officer: President, AAM North America 201 ISABELLA STREET, PITTSTBURGH PA 15212
Alberto L Satine officer: VP-Procurement ONE DAUCH DRIVE, DETROIT MI 48211
Sandra E. Pierce director 2555 TELEGRAPH RD., BLOOMFIELD HILLS MI 48302
Miller William P Ii director 20 S. WACKER DR., CHICAGO IL 60606
Michael Joseph Lynch officer: VP Finance & Controller ONE DAUCH DRIVE, DETROIT MI 48211
Michael K Simonte officer: VP & Treasurer ONE DAUCH DRIVE, DETROIT MI 48211-1198
Bowes Timothy Earl Joseph officer: Senior VP Corporate Planning 2135 WEST MAPLE ROAD, TROY MI 48084
Elizabeth Anne Chappell director ONE DAUCH DRIVE, DETROIT MI 48211
Christopher John May officer: VP & CFO ONE DAUCH DRIVE, DETROIT MI 48211