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Esterline Technologies (Esterline Technologies) Intrinsic Value: Projected FCF : $0.00 (As of Apr. 26, 2024)


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What is Esterline Technologies 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), Esterline Technologies's Intrinsic Value: Projected FCF is $0.00. The stock price of Esterline Technologies is $122.49. Therefore, Esterline Technologies's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

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

ESL's Price-to-Projected-FCF is not ranked *
in the Aerospace & Defense industry.
Industry Median: 1.935
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Esterline Technologies Intrinsic Value: Projected FCF Historical Data

The historical data trend for Esterline Technologies'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.

Esterline Technologies Intrinsic Value: Projected FCF Chart

Esterline Technologies Annual Data
Trend Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Sep15 Sep16 Sep17 Sep18
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.56 94.44 102.60 109.78 113.05

Esterline Technologies Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 110.36 110.74 108.69 113.05 108.90

Competitive Comparison of Esterline Technologies's Intrinsic Value: Projected FCF

For the Aerospace & Defense subindustry, Esterline Technologies'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.


Esterline Technologies's Price-to-Projected-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Esterline Technologies's Price-to-Projected-FCF distribution charts can be found below:

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



Esterline Technologies 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 Esterline Technologies's Free Cash Flow(6 year avg) = $193.52.

Esterline Technologies'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 (Dec18)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*193.52416+1846.372*0.8)/29.887
=111.07

* 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.


Esterline Technologies  (NYSE:ESL) 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.

Esterline Technologies's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=122.49/111.06888096877
=1.10

* 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.


Esterline Technologies Intrinsic Value: Projected FCF Related Terms

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


Esterline Technologies (Esterline Technologies) Business Description

Traded in Other Exchanges
N/A
Address
500, 108th Avenue North East, Suite 1500, Bellevue, WA, USA, 98004
Esterline Technologies Corp is a specialized manufacturing company serving aerospace and defense markets. It designs, produces, and markets engineered products and systems. The company operates in three technology segments: Avionics & Controls, Sensors & Systems, and Advanced Materials. Its products have been implemented into military and commercial aircraft and land-based platforms. Additional sales result from aftermarket repairs and spare parts for existing systems. Esterline has worldwide sales and distribution channels and will try to strengthen customer relationships by targeting specific segments. Approximately half of its revenue is derived from the United States. The remainder of sales come from Canada, France, United Kingdom, and other smaller regions.
Executives
Stephen M Nolan officer: Executive VP, CFO 1300 WILSON BOULEVARD, SUITE 400, ARLINGTON VA 22209
Donald E. Walther officer: Executive VP, General Counsel 500 108TH AVENUE NE, SUITE 1500, BELLEVUE WA 98004
Mary L Howell director 1101 PENNSYLVANIA AVE STE 400, WASHINGTON DC 20004
Curtis C Reusser director, officer: Chairman, President & CEO C/O GOODRICH CORPORATION, 850 LAGOON DRIVE, CHULA VISTA CA 91910
Scott Ernest Kuechle director C/O GOODRICH CORPORATION, 2730 WEST TYVOLA ROAD, CHARLOTTE NC 28217
Michael J Covey director C/O POTLATCH CORPORATION, 601 W FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Michael J Cave director C/O ESTERLINE TECHNOLOGIES CORP, 500 108TH AVE NE, SUITE 1500, BELLEVUE WA 98004
Steven T Romick 10 percent owner 11400 W OLYMPIC BLVD, STE 1200, LOS ANGELES CA 90064
Mark Landecker 10 percent owner 11400 W. OLYMPIC BLVD., STE. 1200, LOS ANGELES CA 90064
J Richard Atwood 10 percent owner
Brian A. Selmo 10 percent owner 11400 W. OLYMPIC BLVD., STE. 1200, LOS ANGELES CA 90064
Gary E Pruitt director 701 WESTERN AVENUE, GLENDALE CA 91201
Winship Henry Ward Iv director PO BOX 8614, RANCHO SANTA FE CA 92067
Jerry D Leitman director
Richard Bradley Lawrence director, officer: Executive Chairman 500 108TH AVENUE NE, SUITE 1500, BELLEVUE WA 98004