GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Spire Inc (NYSE:SR) » Definitions » Intrinsic Value: Projected FCF

Spire (SR) Intrinsic Value: Projected FCF : $-6.61 (As of Apr. 26, 2024)


View and export this data going back to 1950. Start your Free Trial

What is Spire 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), Spire's Intrinsic Value: Projected FCF is $-6.61. The stock price of Spire is $61.91. Therefore, Spire's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

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

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Spire was 24.96. The lowest was 1.05. And the median was 2.42.

SR's Price-to-Projected-FCF is not ranked *
in the Utilities - Regulated industry.
Industry Median: 1.03
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Spire Intrinsic Value: Projected FCF Historical Data

The historical data trend for Spire'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.

Spire Intrinsic Value: Projected FCF Chart

Spire Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.48 15.79 5.65 -7.33 -9.21

Spire 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 -12.37 -2.49 -7.07 -9.21 -6.61

Competitive Comparison of Spire's Intrinsic Value: Projected FCF

For the Utilities - Regulated Gas subindustry, Spire'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.


Spire's Price-to-Projected-FCF Distribution in the Utilities - Regulated Industry

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

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



Spire 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 Spire's Free Cash Flow(6 year avg) = $-293.55.

Spire'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*-293.552+3050.8*0.8)/53.600
=-6.61

* 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.


Spire  (NYSE:SR) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=61.91/-6.6059375316915
=

* 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.


Spire Intrinsic Value: Projected FCF Related Terms

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


Spire (SR) Business Description

Industry
Traded in Other Exchanges
Address
700 Market Street, Saint Louis, MO, USA, 63101
Spire Inc is a public utility holding company with three reportable business segments: Gas Utility , Gas Marketing and Midstream. The Gas Utility segment includes the regulated operations of Laclede Gas, Alabama Gas Corporation (Alagasco), and EnergySouth Inc. The Utilities businesses operations include the purchase, retail, distribution, and sale of natural gas in Missouri, Alabama, and Mississippi. The Gas Utility segment generates a majority of the company's revenue but is subject to seasonal fluctuations. The Gas Marketing segment includes Laclede Energy Resources, Inc, whose operations include the marketing of natural gas and related activities on a non-regulated basis and the Midstream segment includes transportation and storage of natural gas.
Executives
Paul D Koonce director P O BOX 26532, RICHMOND VA 23261
Adam W. Woodard officer: Treasurer 700 MARKET STREET, ST. LOUIS MO 63101
Steven P Rasche officer: Executive Vice President 700 MARKET STREET, ST. LOUIS MO 63101
Stephen M Mills officer: Senior Vice President 700 MARKET STREET, ST. LOUIS MO 63101
Vincent J Ferrari director 12555 MANCHESTER ROAD, DES PERES MO 63131
Brenda D Newberry director 700 MARKET STREET, ST. LOUIS MO 63101
Carrie J Hightman director C/O NISOURCE INC., 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Stupp John P Jr director STUPP JOHN P JR, #18 ST. ANDREWS DR., ST LOUIS MO 63124
Joseph B. Hampton officer: President, AL & MS 700 MARKET STREET, ST. LOUIS MO 63101
Scott B. Carter officer: SVP, COO of Distribution Ops 700 MARKET STREET, ST. LOUIS MO 63101
Stephen S Schwartz director 46897 BAYSIDE PARKWAY, FREMONT CA 94538
Rob L. Jones director 555 EAST AIRTEX DRIVE, HOUSTON TX 77073
Edward L Glotzbach director C/O VISUAL NETWORKS INC, 2092 GAITHER ROAD, ROCKVILLE MD 20850
Mark A Borer director
Van Lokeren Mary Ann director

Spire (SR) Headlines

From GuruFocus

Spire Announces Leadership Succession Plan

By PRNewswire PRNewswire 03-29-2023

Treasurer Adam Woodard Sells 779 Shares of Spire Inc

By GuruFocus Research 09-15-2023

Spire Reports FY23 Third Quarter Results

By PRNewswire 08-02-2023

Spire to Host Earnings Conference Call on Nov. 16

By PRNewswire PRNewswire 11-09-2022

Spire to Host Earnings Conference Call on May 3

By PRNewswire PRNewswire 04-14-2023