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Polycom (Polycom) Intrinsic Value: Projected FCF : $0.00 (As of Apr. 26, 2024)


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What is Polycom 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), Polycom's Intrinsic Value: Projected FCF is $0.00. The stock price of Polycom is $12.47. Therefore, Polycom's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

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

PLCM's Price-to-Projected-FCF is not ranked *
in the Hardware industry.
Industry Median: 1.4
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Polycom Intrinsic Value: Projected FCF Historical Data

The historical data trend for Polycom'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.

Polycom Intrinsic Value: Projected FCF Chart

Polycom Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.17 14.41 12.96 16.78 15.59

Polycom Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 16.63 16.28 15.59 15.88 15.79

Competitive Comparison of Polycom's Intrinsic Value: Projected FCF

For the Communication Equipment subindustry, Polycom'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.


Polycom's Price-to-Projected-FCF Distribution in the Hardware Industry

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

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



Polycom 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 Polycom's Free Cash Flow(6 year avg) = $130.15.

Polycom'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 (Jun16)*0.8)/Shares Outstanding (Diluted Average)
=(9.7849180867139*130.14576+1080.041*0.8)/135.700
=15.75

* 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.


Polycom  (NAS:PLCM) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=12.47/15.751646285432
=0.79

* 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.


Polycom Intrinsic Value: Projected FCF Related Terms

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


Polycom (Polycom) Business Description

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Polycom Inc was incorporated in December 1990 in Delaware. The Company provides an open, standards-based unified communications and collaboration (UC&C) solutions for voice, video and content collaboration solutions. Its solutions are powered by the Polycom RealPresence Platform, comprehensive software infrastructure and rich application programming interfaces (APIs) that interoperate with a set of communication, business, mobile, and cloud applications and devices to deliver secure face-to-face video collaboration across different environments. The Company is engaged in helping organizations achieve new levels of teamwork, efficiency and productivity by unleashing the power of human collaboration. The Company sells its solutions through a high-touch sales model that leverages its network of channel partners, including distributors, value-added resellers, system integrators; communications services providers, and retailers. The Company serves in three geographical segments; Americas, EMEA and APAC. Its products and solutions are; UC Group Systems, which includes immersive telepresence, group video and group voice systems. UC Platform, which includes collaboration servers, virtualization management "distributed media optimization", resource management, recording and streaming, open API's and remote access technologies that constitute the RealPresence Platform, and UC Personal Devices, which includes desktop video devices and desktop voice products. It competes in the UC&C market with products and solutions that enable voice, video and content collaboration on-premises, across intranets, extranets, mobile devices, and the Internet via its customer premises-based RealPresence Platform, web-based social-collaboration business platforms, and video collaboration-as-a-service offerings delivered from the cloud. These competitors include but are not limited to Cisco Systems, Inc., Acano, Avaya Inc., Blue Jeans Networks, Inc., ClearOne Communications, Inc., Huawei Technologies Co., Ltd., Logitech International S.A./LifeSize, PexIP, Snom Technology Ag, Vidyo, Inc., Yamaha Corporation/Revolabs, Inc., Yealink, ZTE Corporation and others. Its products and services are subject to various federal, state, local, and foreign laws and regulations.
Executives
Laura Durr officer: CFO C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Peter Leav director, officer: President & CEO 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Martha Helena Bejar director C/O POLYCOM, INC., 6001 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Gary James Daichendt director 2633 RIVIERA DRIVE, LAGUNA BEACH CA 92651
Robert J Frankenberg director 701 E. SUNBURST LN, ALPINE UT 84004
Betsy S Atkins director, other: Former Director
William Arthur Owens director C/O CENTURYLINK, INC., 100 CENTURYLINK DRIVE, MONROE LA 71203
Eric F Brown officer: CFO, COO & EVP C/O POLYCOM, INC., 4750 WILLOW ROAD, PLEASANTON CA 94588
Tracey Newell officer: EVP Global Sales 4750 WILLOW ROAD, PLEASANTON CA 94588
Andrew M. Miller director, officer: President and CEO 6001 AMERICA CENTER DR., SAN JOSE CA 95164
David G Dewalt director
Sudhakar Ramakrishna officer: Pres. of Products & Services 4750 WILLOW RD., PLEASANTON CA 94588
Michael R Kourey officer: Former EVP, Fin & Admin. & CFO
Robert C Hagerty director, officer: President/CEO
Kevin Kennedy other: Former Director

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