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Mavenome and Growth VCT 3 (LSE:MIG3) Intrinsic Value: Projected FCF : £0.36 (As of Apr. 30, 2024)


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What is Mavenome and Growth VCT 3 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 (2024-04-30), Mavenome and Growth VCT 3's Intrinsic Value: Projected FCF is £0.36. The stock price of Mavenome and Growth VCT 3 is £0.48. Therefore, Mavenome and Growth VCT 3's Price-to-Intrinsic-Value-Projected-FCF of today is 1.3.

The historical rank and industry rank for Mavenome and Growth VCT 3's Intrinsic Value: Projected FCF or its related term are showing as below:

LSE:MIG3' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.07   Med: 1.32   Max: 1.45
Current: 1.33

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Mavenome and Growth VCT 3 was 1.45. The lowest was 1.07. And the median was 1.32.

LSE:MIG3's Price-to-Projected-FCF is ranked worse than
74.52% of 930 companies
in the Asset Management industry
Industry Median: 0.93 vs LSE:MIG3: 1.33

Mavenome and Growth VCT 3 Intrinsic Value: Projected FCF Historical Data

The historical data trend for Mavenome and Growth VCT 3'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.

Mavenome and Growth VCT 3 Intrinsic Value: Projected FCF Chart

Mavenome and Growth VCT 3 Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.37 0.40 0.41 0.36

Mavenome and Growth VCT 3 Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 0.40 - 0.41 - 0.36

Competitive Comparison of Mavenome and Growth VCT 3's Intrinsic Value: Projected FCF

For the Asset Management subindustry, Mavenome and Growth VCT 3'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.


Mavenome and Growth VCT 3's Price-to-Projected-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mavenome and Growth VCT 3's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Mavenome and Growth VCT 3's Price-to-Projected-FCF falls into.



Mavenome and Growth VCT 3 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 Mavenome and Growth VCT 3's Free Cash Flow(6 year avg) = £-0.73.

Mavenome and Growth VCT 3'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 (Nov23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-0.73157142857143+59.337*0.8)/112.032
=0.36

* 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.


Mavenome and Growth VCT 3  (LSE:MIG3) 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.

Mavenome and Growth VCT 3's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=0.48/0.36154654725826
=1.33

* 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.


Mavenome and Growth VCT 3 Intrinsic Value: Projected FCF Related Terms

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Mavenome and Growth VCT 3 (LSE:MIG3) Business Description

Traded in Other Exchanges
N/A
Address
205 West George Street, Kintyre House, Glasgow, GBR, G2 2LW
Maven Income and Growth VCT 3 PLC is a part of the financial services sector. It operating as a venture capital trust, the company aims to achieve long-term capital growth and income for its shareholders. It follows a strategy of investing most of its funds in shares and securities of unquoted UK companies and AIM-quoted companies. The company funds portfolio includes Greater Manchester Loan Fund, Private Equity, and Property Fund.

Mavenome and Growth VCT 3 (LSE:MIG3) Headlines

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