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CDL Investments New Zealand (NZSE:CDI) Intrinsic Value: Projected FCF : NZ$1.30 (As of Apr. 29, 2024)


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What is CDL Investments New Zealand 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 (2024-04-29), CDL Investments New Zealand's Intrinsic Value: Projected FCF is NZ$1.30. The stock price of CDL Investments New Zealand is NZ$0.80. Therefore, CDL Investments New Zealand's Price-to-Intrinsic-Value-Projected-FCF of today is 0.6.

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

NZSE:CDI' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.43   Med: 0.77   Max: 0.93
Current: 0.62

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of CDL Investments New Zealand was 0.93. The lowest was 0.43. And the median was 0.77.

NZSE:CDI's Price-to-Projected-FCF is ranked better than
51.19% of 1264 companies
in the Real Estate industry
Industry Median: 0.64 vs NZSE:CDI: 0.62

CDL Investments New Zealand Intrinsic Value: Projected FCF Historical Data

The historical data trend for CDL Investments New Zealand'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.

CDL Investments New Zealand Intrinsic Value: Projected FCF Chart

CDL Investments New Zealand 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 1.02 1.42 1.54 1.53 1.30

CDL Investments New Zealand Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.54 - 1.53 - 1.30

Competitive Comparison of CDL Investments New Zealand's Intrinsic Value: Projected FCF

For the Real Estate - Development subindustry, CDL Investments New Zealand'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.


CDL Investments New Zealand's Price-to-Projected-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CDL Investments New Zealand's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where CDL Investments New Zealand's Price-to-Projected-FCF falls into.



CDL Investments New Zealand 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 CDL Investments New Zealand's Free Cash Flow(6 year avg) = NZ$13.35.

CDL Investments New Zealand'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*13.353142857143+313.725*0.8)/290.126
=1.30

* 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.


CDL Investments New Zealand  (NZSE:CDI) 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.

CDL Investments New Zealand's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=0.80/1.3032496739732
=0.61

* 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.


CDL Investments New Zealand Intrinsic Value: Projected FCF Related Terms

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CDL Investments New Zealand (NZSE:CDI) Business Description

Traded in Other Exchanges
N/A
Address
Level 7, 23 Customs Street East, P O Box 3248, Shortland Street, Auckland, NZL, 1140
CDL Investments New Zealand Ltd is engaged in land-based investment and development. The principal activity of the company is the development and sale of residential land properties. The operating segments of the Group consist of property operations, comprising the development and sale of residential land sections and rental income from development properties and investment properties. The company's subdivisions include Magellan Heights, Northwood, Washbourn Terraces, and Stonebrook.

CDL Investments New Zealand (NZSE:CDI) Headlines