GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Commerce Holdings Inc (NAS:BOCH) » Definitions » Intrinsic Value: Projected FCF

Bank of Commerce Holdings (Bank of Commerce Holdings) Intrinsic Value: Projected FCF : $19.03 (As of Apr. 25, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Bank of Commerce 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 (2024-04-25), Bank of Commerce Holdings's Intrinsic Value: Projected FCF is $19.03. The stock price of Bank of Commerce Holdings is $15.17. Therefore, Bank of Commerce Holdings's Price-to-Intrinsic-Value-Projected-FCF of today is 0.8.

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

BOCH' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.33   Med: 0.58   Max: 1.68
Current: 0.8

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Bank of Commerce Holdings was 1.68. The lowest was 0.33. And the median was 0.58.

BOCH's Price-to-Projected-FCF is not ranked
in the Banks industry.
Industry Median: 0.44 vs BOCH: 0.80

Bank of Commerce Holdings Intrinsic Value: Projected FCF Historical Data

The historical data trend for Bank of Commerce 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.

Bank of Commerce Holdings Intrinsic Value: Projected FCF Chart

Bank of Commerce Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.54 17.39 15.46 15.25 18.11

Bank of Commerce Holdings Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 16.94 17.68 18.11 18.35 19.03

Competitive Comparison of Bank of Commerce Holdings's Intrinsic Value: Projected FCF

For the Banks - Regional subindustry, Bank of Commerce 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.


Bank of Commerce Holdings's Price-to-Projected-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Commerce Holdings's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Bank of Commerce Holdings's Price-to-Projected-FCF falls into.



Bank of Commerce 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 Bank of Commerce Holdings's Free Cash Flow(6 year avg) = $15.86.

Bank of Commerce 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 (Jun21)*0.8)/Shares Outstanding (Diluted Average)
=(10.993856731996*15.86016+182.137*0.8)/16.823
=19.03

* 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.


Bank of Commerce Holdings  (NAS:BOCH) 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.

Bank of Commerce 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
=15.17/19.025971989926
=0.80

* 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.


Bank of Commerce Holdings Intrinsic Value: Projected FCF Related Terms

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


Bank of Commerce Holdings (Bank of Commerce Holdings) Business Description

Traded in Other Exchanges
N/A
Address
555 Capitol Mall, Suite 1255, Sacramento, CA, USA, 95814
Bank of Commerce Holdings Inc is a banking company. The company provides banking and related services to businesses, not-for-profit organizations, professional service providers and consumers in northern California. It provides financial services and products including checking, interest-bearing checking, savings, certificates of deposit, money market deposits. The company also offers to weep arrangements, commercial loans, construction loans, term loans, consumer loans, safe deposit boxes, and electronic banking services. It also accepts as collateral for loans, real estate, listed and unlisted securities, savings and time deposits.
Executives
James A Sundquist officer: EVP Chief Financial Officer C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
David J Inderkum director C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
Lyle L Tullis director C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
Carl W Rood officer: EVP Chief Operating Officer C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
Gary Burks director C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
Terence John Street director C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
Jon Halfhide director C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
Joseph Gibson director C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
Karl L Silberstein director 1901 CHURN CREEK ROAD REDDING CA 96002
Orin N Bennett director C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
Robert H Muttera officer: EVP Chief Credit Officer C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
Samuel D Jimenez officer: EVP Chief Operating Officer C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
Randall S Eslick director, officer: President & CEO C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
Linda J Miles director C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
Patrick J Moty officer: EVP & Regional President C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002

Bank of Commerce Holdings (Bank of Commerce Holdings) Headlines