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Brighthouse Financial (Brighthouse Financial) Intrinsic Value: Projected FCF : $214.33 (As of Apr. 25, 2024)


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What is Brighthouse Financial 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 (2024-04-25), Brighthouse Financial's Intrinsic Value: Projected FCF is $214.33. The stock price of Brighthouse Financial is $50.50. Therefore, Brighthouse Financial's Price-to-Intrinsic-Value-Projected-FCF of today is 0.2.

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

BHF' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.13   Med: 0.19   Max: 0.25
Current: 0.24

During the past 10 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Brighthouse Financial was 0.25. The lowest was 0.13. And the median was 0.19.

BHF's Price-to-Projected-FCF is ranked better than
88.49% of 391 companies
in the Insurance industry
Industry Median: 0.66 vs BHF: 0.24

Brighthouse Financial Intrinsic Value: Projected FCF Historical Data

The historical data trend for Brighthouse Financial'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.

Brighthouse Financial Intrinsic Value: Projected FCF Chart

Brighthouse Financial 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 - - 408.74 274.73 214.33

Brighthouse Financial 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 274.73 249.32 232.32 211.07 214.33

Competitive Comparison of Brighthouse Financial's Intrinsic Value: Projected FCF

For the Insurance - Life subindustry, Brighthouse Financial'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.


Brighthouse Financial's Price-to-Projected-FCF Distribution in the Insurance Industry

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

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



Brighthouse Financial 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 Brighthouse Financial's Free Cash Flow(6 year avg) = $1,027.20.

Brighthouse Financial'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*1027.2+4943*0.8)/64.078
=214.33

* 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.


Brighthouse Financial  (NAS:BHF) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=50.50/214.32793094939
=0.24

* 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.


Brighthouse Financial Intrinsic Value: Projected FCF Related Terms

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


Brighthouse Financial (Brighthouse Financial) Business Description

Address
11225 North Community House Road, Gragg Building, Charlotte, NC, USA, 28277
Brighthouse Financial Inc is a United States-based provider of annuity products and life insurance through independent distribution channels and marketing arrangements with distribution partners. Its segments are Annuities, Life, and Run-off. It derives a majority of the revenue from the Annuities segment which includes variable, fixed, index-linked and income annuities. The life segment includes variable, term, universal and whole life policies.
Executives
Philip V Bancroft director
Allie Lin officer: EVP & General Counsel 11225 N COMMUNITY HOUSE RD, CHARLOTTE NC 28277
Carol Juel director 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Kristine Toscano officer: Chief Accounting Officer 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Vonda Huss officer: EVP, Chief HR Officer 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Stephen C Hooley director 2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
Patrick J. Shouvlin director 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
William Francis Wallace director 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Edward A. Spehar officer: EVP & Chief Financial Officer 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Christine M. Debiase officer: EVP,Chief LegalOfficer&CorpSec 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
C Edward Chaplin director C/O MBIA, 113 KING STREET, ARMONK NY 10504
Eric T Steigerwalt director, officer: President and CEO 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
John Rosenthal officer: EVP & Chief Investment Officer 334 MADISON AVENUE, MORRISTOWN NJ 07960
Myles Lambert officer: EVP,Chief Dist. & Mktg.Officer 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Murphy Conor officer: Chief Product&Strategy Officer 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 11225