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Barnes Group (Barnes Group) Intrinsic Value: Projected FCF : $44.95 (As of Apr. 26, 2024)


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What is Barnes Group 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), Barnes Group's Intrinsic Value: Projected FCF is $44.95. The stock price of Barnes Group is $34.47. Therefore, Barnes Group's Price-to-Intrinsic-Value-Projected-FCF of today is 0.8.

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

B' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.73   Med: 1.12   Max: 1.56
Current: 0.77

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Barnes Group was 1.56. The lowest was 0.73. And the median was 1.12.

B's Price-to-Projected-FCF is ranked better than
76.25% of 1899 companies
in the Industrial Products industry
Industry Median: 1.53 vs B: 0.77

Barnes Group Intrinsic Value: Projected FCF Historical Data

The historical data trend for Barnes Group'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.

Barnes Group Intrinsic Value: Projected FCF Chart

Barnes Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.11 54.26 53.27 47.82 44.95

Barnes Group 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 47.82 47.83 46.60 45.47 44.95

Competitive Comparison of Barnes Group's Intrinsic Value: Projected FCF

For the Specialty Industrial Machinery subindustry, Barnes Group'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.


Barnes Group's Price-to-Projected-FCF Distribution in the Industrial Products Industry

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

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



Barnes Group 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 Barnes Group's Free Cash Flow(6 year avg) = $127.06.

Barnes Group'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)
=(9.5203515959648*127.06384+1362.263*0.8)/51.152
=44.95

* 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.


Barnes Group  (NYSE:B) 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.

Barnes Group's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=34.47/44.954309351216
=0.77

* 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.


Barnes Group Intrinsic Value: Projected FCF Related Terms

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


Barnes Group (Barnes Group) Business Description

Traded in Other Exchanges
Address
123 Main Street, Bristol, CT, USA, 06010
Barnes Group Inc is a U.S. based industrial and aerospace manufacturer and service provider. The company operates through two segments: Industrial and Aerospace. The industrial segment manufactures precision parts, products, and systems for critical applications in end markets including transportation, industrial equipment, and consumer products. The aerospace segment provides machined components and assemblies for original equipment manufacturer turbine engine, airframe and industrial gas turbine builders, and the military. This segment also provides aftermarket maintenance, overhaul and repair services for turbine engine manufacturers, airlines, and the military. The company generates around half of its revenue from the domestic American market.
Executives
Mylle H Mangum director 3231 S E SIXTH AVENUE, TOPEKA KS 66607
Thomas O Barnes director C/O BARNES GROUP INC, PO BOX 489, BRISTOL CT 06011-0489
Hans-peter Manner director 123 MAIN STREET, BRISTOL CT 06010
Marian Acker officer: VP, Controller 123 MAIN STREET, BRISTOL CT 06010
Jay B Knoll officer: SVP, Gen. Counsel & Secretary 2225 W CHANDLER BLVD, CHANDLER AZ 85224
Thomas J Hook director 810 INNOVATION DR, KNOXVILLE TN 37932
Elijah Kent Barnes director 123 MAIN STREET, BRISTOL CT 06010
Neal J Keating director C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Julie K Streich officer: SVP, Finance and CFO 123 MAIN STREET, BRISTOL CT 06010
Dawn N Edwards officer: SVP, Human Resources 123 MAIN STREET, BRISTOL CT 06010
Richard J Hipple director 10035 HUNTING DRIVE, BRECKSVILLE OH 44141
Ian Malcolm Reason officer: SVP, BGI; Pres., Barnes Aero C/O BARNES GROUP INC., 123 MAIN STREET, BRISTOL CT 06010
Michael Andrew Beck officer: SVP, BGI; Pres., Barnes Aero 123 MAIN STREET, BRISTOL CT 06010
Jakki L. Haussler director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Lukas Hovorka officer: SVP, Corporate Development 123 MAIN STREET, BRISTOL CT 06010

Barnes Group (Barnes Group) Headlines

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