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Exactech (Exactech) Intrinsic Value: Projected FCF : $0.00 (As of May. 12, 2024)


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What is Exactech 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 (2024-05-12), Exactech's Intrinsic Value: Projected FCF is $0.00. The stock price of Exactech is $49.25. Therefore, Exactech's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

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

EXAC's Price-to-Projected-FCF is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 1.8
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Exactech Intrinsic Value: Projected FCF Historical Data

The historical data trend for Exactech'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.

Exactech Intrinsic Value: Projected FCF Chart

Exactech Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.64 7.52 12.13 12.96 15.55

Exactech Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 15.00 15.55 16.27 16.72 17.22

Competitive Comparison of Exactech's Intrinsic Value: Projected FCF

For the Medical Devices subindustry, Exactech'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.


Exactech's Price-to-Projected-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Exactech's Price-to-Projected-FCF distribution charts can be found below:

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



Exactech 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 Exactech's Free Cash Flow(6 year avg) = $4.98.

Exactech'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 (Sep17)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*4.98128+250.302*0.8)/14.613
=16.95

* 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.


Exactech  (NAS:EXAC) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=49.25/16.94827461835
=2.91

* 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.


Exactech Intrinsic Value: Projected FCF Related Terms

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Exactech (Exactech) Business Description

Traded in Other Exchanges
N/A
Address
Exactech Inc develops, manufactures, markets, distributes and sells orthopaedic implant devices, related surgical instrumentation and biologic services to hospitals and physicians in the United States and internationally.
Executives
Krusen W Andrew Jr director C/O FLORIDA BANKS INC, 5210 BELFORD ROAD - SUITE 310, JACKSONVILLE FL 32256
James G Binch director C/O MEMRY CORPORATION, 3 BERKSHIRE BOULEVARD, BETHEL CT 06801

Exactech (Exactech) Headlines

From GuruFocus

Exactech Inc. (EXAC) CEO and Chairman, 10% Owner R William Petty sells 20,000 Shares

By GuruFocus Research GuruFocus Editor 12-12-2009

Mario Gabelli Ups His Holdings in EXAC, TWIN and LAYN

By Monica Wolfe Monica Wolfe 06-28-2013

Meridian Funds Comments on Exact Sciences Corp

By Holly LaFon Holly LaFon 03-08-2016

Exactech Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 05-05-2010

Exactech Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 11-05-2009

Exactech Inc. (EXAC) CFO and Treasurer Joel C Phillips sells 2,497 Shares

By GuruFocus Research GuruFocus Editor 05-04-2010

Exactech Inc. Reports Operating Results (10-K)

By gurufocus 10qk 03-16-2011

Exactech Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 11-09-2010