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


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What is LMI Aerospace 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), LMI Aerospace's Intrinsic Value: Projected FCF is $0.00. The stock price of LMI Aerospace is $13.99. Therefore, LMI Aerospace's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

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

LMIA'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.

LMI Aerospace Intrinsic Value: Projected FCF Historical Data

The historical data trend for LMI Aerospace'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.

LMI Aerospace Intrinsic Value: Projected FCF Chart

LMI Aerospace 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 18.23 9.54 12.46 11.89 6.97

LMI Aerospace Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 9.67 6.97 6.16 6.97 3.58

Competitive Comparison of LMI Aerospace's Intrinsic Value: Projected FCF

For the Aerospace & Defense subindustry, LMI Aerospace'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.


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

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

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



LMI Aerospace 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 LMI Aerospace's Free Cash Flow(6 year avg) = $-1.55.

LMI Aerospace'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 (Mar17)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-1.55296+80.771*0.8)/13.213
=3.77

* 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.


LMI Aerospace  (NAS:LMIA) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=13.99/3.771442880915
=3.71

* 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.


LMI Aerospace Intrinsic Value: Projected FCF Related Terms

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


LMI Aerospace (LMI Aerospace) Business Description

Traded in Other Exchanges
N/A
Address
LMI Aerospace Inc was founded in 1948. The Company is a supplier of structural assemblies, kits and components, and design engineering services to the aerospace and defense markets. The Company provides a array of manufacturing capabilities, as well as engineering and value-added services to the large commercial, corporate and regional, and military aircraft markets. It also provide prototyping, testing and design capabilities to customers in support of new product development and in-service aircraft. LMI Aerospace is a preferred supplier to aircraft original equipment manufacturers (OEMs) and Tier 1 aerospace suppliers. In addition to aerospace products, the Company produces components and assemblies for laser equipment used by semiconductor equipment manufacturers, electronic and electrical wire harnesses, cable assemblies, and mechanical sub-assemblies for the air and rail traffic control, medical equipment, telecommunications, and heavy equipment industries. The Company operates in two business segments consisting of: Aerostructures segment and Engineering Services segment. Its Aerostructures segment fabricates, machines, finishes, integrates, assembles and kits machined and formed close tolerance aluminum, specialty alloy and composite components and higher level assemblies for use by the aerospace and defense industries. The Company also offers its customers value-added services related to the design, production, assembly and distribution of aerospace components and deliver kits of products directly to customer points of use. Its Engineering Services segment provides a complete range of design, engineering and program management services, supporting aircraft product lifecycles from conceptual design, analysis and certification through production support, fleet support, and service life extensions via a complete turnkey engineering solution to OEMs and Tier 1 aerospace suppliers. Its competitors in the aerospace industry consist of a large, fragmented group of companies, including certain business units or affiliates of its customers. The Companys operations are subject to extensive and frequently changing federal, state and local laws and substantial regulation by government agencies.
Executives
Gregory L Summe director C/O GLEN CAPITAL PARTNERS LLC, 800 SOUTH STREET, SUITE 160, WALTHAM MA 02453
John S Eulich director 411 FOUNTAIN LAKES BLVD., ST. CHARLES MO 63301
Gerald E Daniels director
Daniel G. Korte director, officer: CEO & PRESIDENT C/O LMI AEROSPACE, INC., 411 FOUNTAIN LAKE BLVD., ST. CHARLES MO 63301
Lawrence J Resnick director
John M Roeder director 411 FOUNTAIN LAKES BLVD. ST. CHARLES MO 63301
Glen Capital Partners Focus Fund, L.p. 10 percent owner 75 ARLINGTON STREET, SUITE 500, BOSTON MA 02116
Glen Capital Partners Llc 10 percent owner 800 SOUTH STREET, SUITE 160, WALTHAM MA 02453
Glen Capital Partners Gp Llc 10 percent owner 800 SOUTH STREET, SUITE 160, WALTHAM MA 02453
Miller Paul L Jr director

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