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Joao Fortes Engenharia (BSP:JFEN3) Intrinsic Value: Projected FCF

: R$-23.34 (As of Today)
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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 (2023-06-02), Joao Fortes Engenharia's Intrinsic Value: Projected FCF is R$-23.34. The stock price of Joao Fortes Engenharia is R$2.29. Therefore, Joao Fortes Engenharia's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

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

BSP:JFEN3's Price-to-Projected-FCF is not ranked *
in the Real Estate industry.
Industry Median: 0.60
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Joao Fortes Engenharia Intrinsic Value: Projected FCF Historical Data

The historical data trend for Joao Fortes Engenharia'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.

Joao Fortes Engenharia Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Intrinsic Value: Projected FCF
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -89.05 -56.37 -30.20 -19.72 -23.34

Joao Fortes Engenharia Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Intrinsic Value: Projected FCF 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 Premium Member Only Premium Member Only Premium Member Only -19.72 -14.45 -16.60 -18.27 -23.34

Competitive Comparison

For the Real Estate Services subindustry, Joao Fortes Engenharia's Intrinsic Value: Projected FCF, along with its competitors' market caps and Intrinsic Value: 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.

   

Joao Fortes Engenharia Intrinsic Value: Projected FCF Distribution

For the Real Estate industry and Real Estate sector, Joao Fortes Engenharia's Intrinsic Value: Projected FCF distribution charts can be found below:

* The bar in red indicates where Joao Fortes Engenharia's Intrinsic Value: Projected FCF falls in comparison to its industry or sector. The grey bar indicates the Intrinsic Value: Projected FCF's extreme value range as defined by GuruFocus.



Joao Fortes Engenharia 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 Joao Fortes Engenharia's Free Cash Flow(6 year avg) = R$37.98.

Joao Fortes Engenharia'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 (Dec22)/0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*37.98416+-682.145/0.8)/21.041
=-23.34

* 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.


Joao Fortes Engenharia  (BSP:JFEN3) 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.

Joao Fortes Engenharia's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=2.29/-23.338182202491
=

* 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.


Joao Fortes Engenharia Intrinsic Value: Projected FCF Related Terms

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Joao Fortes Engenharia (BSP:JFEN3) Business Description

Joao Fortes Engenharia logo
Traded in Other Exchanges
N/A
Address
Av Das Americas, 500, Bl. 19, Salas 105 a 108, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22640100
Joao Fortes Engenharia SA is engaged in the development, marketing and management of residential, commercial and industrial building, such as residential houses, commercial and business centers, corporate headquarters, hotels and special projects.

Joao Fortes Engenharia (BSP:JFEN3) Headlines

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