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Envestnet (Envestnet) Intrinsic Value: Projected FCF : $19.77 (As of Apr. 25, 2024)


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What is Envestnet 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), Envestnet's Intrinsic Value: Projected FCF is $19.77. The stock price of Envestnet is $62.29. Therefore, Envestnet's Price-to-Intrinsic-Value-Projected-FCF of today is 3.2.

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

ENV' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.83   Med: 2.33   Max: 5.64
Current: 3.15

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Envestnet was 5.64. The lowest was 1.83. And the median was 2.33.

ENV's Price-to-Projected-FCF is ranked worse than
75.55% of 1264 companies
in the Software industry
Industry Median: 1.585 vs ENV: 3.15

Envestnet Intrinsic Value: Projected FCF Historical Data

The historical data trend for Envestnet'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.

Envestnet Intrinsic Value: Projected FCF Chart

Envestnet 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 29.28 32.91 35.83 20.60 19.77

Envestnet 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 20.60 20.48 21.24 21.24 19.77

Competitive Comparison of Envestnet's Intrinsic Value: Projected FCF

For the Software - Application subindustry, Envestnet'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.


Envestnet's Price-to-Projected-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Envestnet's Price-to-Projected-FCF distribution charts can be found below:

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



Envestnet 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 Envestnet's Free Cash Flow(6 year avg) = $62.76.

Envestnet'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)
=(9.9881567514702*62.75968+568.191*0.8)/54.689
=19.77

* 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.


Envestnet  (NYSE:ENV) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=62.29/19.773744656368
=3.15

* 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.


Envestnet Intrinsic Value: Projected FCF Related Terms

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


Envestnet (Envestnet) Business Description

Industry
Traded in Other Exchanges
Address
1000 Chesterbrook Boulevard, Suite 250, Berwyn, Pennsylvania, IL, USA, 60601
Envestnet provides wealth-management technology and solutions to registered investment advisors, banks, broker/dealers, and other firms. Its Tamarac platform provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software to high-end RIAs. Envestnet's portfolio management consultants provide research services and consulting services to assist advisors, including vetted third-party managed account products. In November 2015, Envestnet acquired Yodlee, a provider of data aggregation, which is reported in the firm's data and analytics segment. In 2019, Envestnet acquired MoneyGuidePro to bolster its financial planning tools.
Executives
Barry D. Cooper officer: SVP, Head of Accounting Mgmt. 35 E. WACKER DRIVE, STE 2400, CHICAGO IL 60601
Barbara Turner director 5320 STONY RUN COURT, LIBERTY TOWNSHIP OH 45011
William Crager officer: President 489 FIFTH AVENUE, 26TH FLOOR, NEW YORK NY 10017
Matthew Majoros officer: Principal Accounting Officer 35 E. WACKER DRIVE, SUITE 2400, CHICAGO IL 60601
Shelly O'brien officer: General Counsel 35 E. WACKER DRIVE, SUITE 2400, CHICAGO IL 60601
Wendy E Lane director
Lauren Taylor Wolfe director 3100 CUMBERLAND BOULEVARD, SUITE 1700, ATLANTA GA 30339
Impactive Capital Llc director 152 WEST 57TH, 17TH FLOOR, NEW YORK CITY NY 10019
Impactive Capital Lp director 450 WEST 14 STREET, 12TH FLOOR, NEW YORK CITY NY 10014
Christian Asmar director 152 WEST 57TH STREET, 17TH FLOOR, NEW YORK CITY NY 10019
Stuart Depina officer: President* 11755 WILSHIRE BLVD., 20TH FLOOR, LOS ANGELES CA 90025
Anil Arora director C/O YODLEE, INC., 3600 BRIDGE PARKWAY, 2ND FLOOR, REDWOOD CITY CA 94065
Brandon Thomas officer: Chief Investment Officer 35 E. WACKER DRIVE, SUITE 2400, CHICAGO IL 60601
Joshua Mayer officer: Chief Operating Officer 35 EAST WACKER DRIVE, SUITE 2400, CHICAGO IL 60601
Scott D Grinis officer: Chief Technology Officer 150 MATHILDA PLACE, SUITE 306, SUNNYVALE CA 94086

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