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Eurocommercial Properties NV (Eurocommercial Properties NV) Intrinsic Value: Projected FCF : $52.70 (As of Apr. 26, 2024)


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What is Eurocommercial Properties NV 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), Eurocommercial Properties NV's Intrinsic Value: Projected FCF is $52.70. The stock price of Eurocommercial Properties NV is $27.27. Therefore, Eurocommercial Properties NV's Price-to-Intrinsic-Value-Projected-FCF of today is 0.5.

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

EUCMF' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.47   Med: 0.54   Max: 0.56
Current: 0.52

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Eurocommercial Properties NV was 0.56. The lowest was 0.47. And the median was 0.54.

EUCMF's Price-to-Projected-FCF is ranked better than
64.48% of 549 companies
in the REITs industry
Industry Median: 0.66 vs EUCMF: 0.52

Eurocommercial Properties NV Intrinsic Value: Projected FCF Historical Data

The historical data trend for Eurocommercial Properties NV'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.

Eurocommercial Properties NV Intrinsic Value: Projected FCF Chart

Eurocommercial Properties NV Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.22 38.22 51.64 - -

Eurocommercial Properties NV Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Sep20 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 - - - - -

Competitive Comparison of Eurocommercial Properties NV's Intrinsic Value: Projected FCF

For the REIT - Retail subindustry, Eurocommercial Properties NV'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.


Eurocommercial Properties NV's Price-to-Projected-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Eurocommercial Properties NV's Price-to-Projected-FCF distribution charts can be found below:

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



Eurocommercial Properties NV 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 Eurocommercial Properties NV's Free Cash Flow(6 year avg) = $53.25.

Eurocommercial Properties NV'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*53.2536+2188.855*0.8)/52.147
=43.30

* 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.


Eurocommercial Properties NV  (GREY:EUCMF) 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.

Eurocommercial Properties NV's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=27.27/43.302145775421
=0.63

* 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.


Eurocommercial Properties NV Intrinsic Value: Projected FCF Related Terms

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Eurocommercial Properties NV (Eurocommercial Properties NV) Business Description

Address
Herengracht 469, Amsterdam, NLD, 1017 BS
Eurocommercial Properties NV is a Netherlands-based property investment company that invests, owns, and manages retail properties. The company operates in France, Belgium, Italy and Sweden and the Netherlands. The company generates revenue from leasing its shopping center properties to tenants.

Eurocommercial Properties NV (Eurocommercial Properties NV) Headlines