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Delta Natural Gas Co (Delta Natural Gas Co) Intrinsic Value: Projected FCF : $0.00 (As of May. 12, 2024)


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What is Delta Natural Gas Co 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), Delta Natural Gas Co's Intrinsic Value: Projected FCF is $0.00. The stock price of Delta Natural Gas Co is $30.69. Therefore, Delta Natural Gas Co's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

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

DGAS's Price-to-Projected-FCF is not ranked *
in the Utilities - Regulated industry.
Industry Median: 1.07
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Delta Natural Gas Co Intrinsic Value: Projected FCF Historical Data

The historical data trend for Delta Natural Gas Co'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.

Delta Natural Gas Co Intrinsic Value: Projected FCF Chart

Delta Natural Gas Co Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.25 19.48 20.71 19.16 17.83

Delta Natural Gas Co Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 19.16 19.36 20.01 18.10 17.83

Competitive Comparison of Delta Natural Gas Co's Intrinsic Value: Projected FCF

For the Utilities - Regulated Gas subindustry, Delta Natural Gas Co'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.


Delta Natural Gas Co's Price-to-Projected-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Delta Natural Gas Co's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Delta Natural Gas Co's Price-to-Projected-FCF falls into.



Delta Natural Gas Co 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 Delta Natural Gas Co's Free Cash Flow(6 year avg) = $6.25.

Delta Natural Gas Co'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 (Jun17)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*6.24576+76.495*0.8)/7.129
=16.92

* 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.


Delta Natural Gas Co  (NAS:DGAS) 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.

Delta Natural Gas Co's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=30.69/16.924930731381
=1.81

* 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.


Delta Natural Gas Co Intrinsic Value: Projected FCF Related Terms

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Delta Natural Gas Co (Delta Natural Gas Co) Business Description

Traded in Other Exchanges
N/A
Address
Delta Natural Gas Co Inc was incorporated under the laws of the Commonwealth of Kentucky on October 7, 1949. The Company distributes or transports natural gas. Its distribution and transmission systems are located in central and southeastern Kentucky, and it owns and operates an underground natural gas storage field in southeastern Kentucky. The Company transport natural gas to industrial customers who purchase their natural gas in the open market. It also transports natural gas on behalf of local producers and customers not on its distribution system and extract liquids from natural gas in its storage field and on its pipeline systems that are sold at market prices. The Company operates through two segments, a regulated segment and a non-regulated segment. Through regulated segment, the company distributes natural gas to their retail customers in 23 predominantly rural counties. In addition, the regulated segment transports natural gas to large-volume customers on its system who purchase their natural gas in the open market. The regulated segment also transports natural gas on behalf of local producers and other customers not on its distribution system. The non-regulated segment includes three wholly-owned subsidiaries. Two of these subsidiaries, Delta Resources and Delgasco, purchase natural gas in the open market, including natural gas from Kentucky producers. The Company resells this natural gas to industrial customers on its distribution system and to others not on its system. The competes with alternate sources of energy for its regulated distribution customers. These alternate sources include electricity, geo-thermal, coal, oil, propane, wood and solar.

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