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RBC Bearings (RBC Bearings) Intrinsic Value: Projected FCF : $145.34 (As of Apr. 25, 2024)


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What is RBC Bearings 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 (2024-04-25), RBC Bearings's Intrinsic Value: Projected FCF is $145.34. The stock price of RBC Bearings is $244.89. Therefore, RBC Bearings's Price-to-Intrinsic-Value-Projected-FCF of today is 1.7.

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

RBC' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.55   Med: 1.96   Max: 2.71
Current: 1.68

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of RBC Bearings was 2.71. The lowest was 1.55. And the median was 1.96.

RBC's Price-to-Projected-FCF is ranked worse than
53.98% of 1899 companies
in the Industrial Products industry
Industry Median: 1.53 vs RBC: 1.68

RBC Bearings Intrinsic Value: Projected FCF Historical Data

The historical data trend for RBC Bearings'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.

RBC Bearings Intrinsic Value: Projected FCF Chart

RBC Bearings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.86 72.34 72.64 100.98 125.01

RBC Bearings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 117.69 125.01 135.23 139.57 145.34

Competitive Comparison of RBC Bearings's Intrinsic Value: Projected FCF

For the Tools & Accessories subindustry, RBC Bearings'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.


RBC Bearings's Price-to-Projected-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, RBC Bearings's Price-to-Projected-FCF distribution charts can be found below:

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



RBC Bearings 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 RBC Bearings's Free Cash Flow(6 year avg) = $140.44.

RBC Bearings'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 (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(14.862653310476*140.43888+2696.6*0.8)/29.205
=145.34

* 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.


RBC Bearings  (NYSE:RBC) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=244.89/145.33724994869
=1.68

* 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.


RBC Bearings Intrinsic Value: Projected FCF Related Terms

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


RBC Bearings (RBC Bearings) Business Description

Traded in Other Exchanges
Address
102 Willenbrock Road, One Tribology Center, Oxford, CT, USA, 06478
RBC Bearings Inc is a manufacturer and marketer of precision bearings and products used in aircraft and mechanical systems. The offering includes plain bearings, roller bearings, ball bearings, and engineered products. The products reduce wear in moving parts, facilitate proper power transmission, reduce damage and energy loss, and control pressure and flow. The primary customers for RBC Bearings are industrial markets and aerospace markets such as construction and mining, oil and natural resource extraction, heavy truck, marine, rail and train, packaging, commercial, private and military aircraft engines, and guided weaponry. The end market is the United States of America.
Executives
Michael H. Ambrose director ONE TRIBOLOGY CENTER, 102 WILLENBROCK ROAD, OXFORD CT 06478
Michael J Hartnett officer: President and CEO RBC BEARINGS, INC., 102 WILLENBROCK ROAD, ONE TRIBOLOGY CENTER, OXFORD CT 06478
Richard R Crowell director AURORA CAPITAL PARTNERS LP, 10877 WILSHIRE BOULEVARD SUITE 2100, LOS ANGELES CA 90024
Dolores J Ennico director RBC BEARINGS INCORPORATED, ONE TRIBOLOGY CENTER, OXFORD CT 06478
Robert M Sullivan officer: Corporate Controller 103 STILLWOLD DRIVE, WETHERSFIELD CT 06109
John J. Feeney officer: Vice President and Secretary ONE TRIBOLOGY CENTER, 102 WILLENBROCK ROAD, OXFORD CT 06478
Steven H. Kaplan director 11 LINDEN SHORES, BRANFORD CT 06405
Patrick S. Bannon officer: V.P. and General Manager 131 WOODS WAY DRIVE, SOUTHBURY CT 06488
Richard J Edwards officer: V.P. and General Manager RBC BEARINGS INCORPORATED, ONE TRIBOLOGY CENTER, OXFORD CT 06478
Edward Stewart director 5715 EAST CHENEY DRIVE, PARADISE VALLEY AZ 85253
Daniel A Bergeron officer: VP and CFO
Alan B Levine director
Ernest D Hawkins officer: Vice President of Finance 102 WILLENBROCK ROAD, OXFORD CT 06478
Amir Faghri director RBC BEARINGS INCORPORATED, ONE TRIBOLOGY CENTER, OXFORD CT 06478
Joseph Salamunovich officer: General Counsel and Secretary RBC BEARINGS INCORPORATED, ONE TRIBOLOGY CENTER, OXFORD CT 06478