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BNC Bancorp (BNC Bancorp) Intrinsic Value: Projected FCF : $0.00 (As of May. 05, 2024)


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What is BNC Bancorp 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 (2024-05-05), BNC Bancorp's Intrinsic Value: Projected FCF is $0.00. The stock price of BNC Bancorp is $35.15. Therefore, BNC Bancorp's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

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

BNCN's Price-to-Projected-FCF is not ranked *
in the Banks industry.
Industry Median: 0.44
* Ranked among companies with meaningful Price-to-Projected-FCF only.

BNC Bancorp Intrinsic Value: Projected FCF Historical Data

The historical data trend for BNC Bancorp'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.

BNC Bancorp Intrinsic Value: Projected FCF Chart

BNC Bancorp 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 11.16 9.10 12.79 15.64 17.21

BNC Bancorp 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 16.04 17.70 16.57 17.21 17.79

Competitive Comparison of BNC Bancorp's Intrinsic Value: Projected FCF

For the Banks - Regional subindustry, BNC Bancorp'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.


BNC Bancorp's Price-to-Projected-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, BNC Bancorp's Price-to-Projected-FCF distribution charts can be found below:

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



BNC Bancorp 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 BNC Bancorp's Free Cash Flow(6 year avg) = $21.87.

BNC Bancorp'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*21.87312+916.638*0.8)/52.357
=17.98

* 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.


BNC Bancorp  (NAS:BNCN) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=35.15/17.98327239721
=1.95

* 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.


BNC Bancorp Intrinsic Value: Projected FCF Related Terms

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


BNC Bancorp (BNC Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
BNC Bancorp was formed in 2002 to serve as a one-bank holding company for Bank of North Carolina, BNC. BNC is a full service commercial bank, incorporated under the laws of the State of North Carolina on November 15, 1991. The Bank is a full service commercial bank. It is engaged in the business of attracting deposits from the general public and using such deposits, together with other funding from its lines of credit, to make mainly consumer and commercial loans. Specifically, the Bank makes business loans secured by real estate, personal property and accounts receivable; unsecured business loans; consumer loans, which are secured by consumer products, such as automobiles and boats; unsecured consumer loans; commercial real estate loans; and other loans. It also offers a range of banking services, including checking and savings accounts, commercial, installment and personal loans, safe deposit boxes, and other associated services. Deposits are the main source of the Bank's funds for lending and other investment purposes. The Bank attracts both short-term and long-term deposits from the general public locally and out-of-state by offering a number of accounts and rates. It offers statement savings accounts, negotiable order of withdrawal accounts, money market demand accounts, noninterest-bearing accounts, and fixed interest rate certificates with varying maturities. Its operations are managed along two operating segments consisting of banking operations and mortgage origination. The purpose of the mortgage origination operating segment is the origination and subsequent sale of residential mortgage loans, while all other banking activities are performed in the banking operations segment. BNC is also subject to certain regulations of the Federal Reserve governing the reserves to be maintained against deposits and other matters.
Executives
G Kennedy Thompson director 3000 HANOVER STREET, PALO ALTO CA 94304
Boxley Abney S Iii director P.O. BOX 13007, ROANOKE VA 24030
Callicutt Richard D Ii director, officer: President & CEO 3980 PREMIER DRIVE, SUITE 210, HIGH POINT NC 27265
Thomas R Sloan director 3980 PREMIER DRIVE, SUITE 210, HIGH POINT NC 27265
Ronald J Gorczynski officer: EVP/Chief Accounting Officer 3980 PREMIER DRIVE, SUITE 210, HIGH POINT NC 27265
R. Mark Graf director C/O DISCOVER FINANCIAL SERVICES, 2500 LAKE COOK ROAD, RIVERWOODS IL 60015

BNC Bancorp (BNC Bancorp) Headlines

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