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QNB (QNBC) Intrinsic Value: Projected FCF : $58.71 (As of Apr. 28, 2024)


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What is QNB 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 (2024-04-28), QNB's Intrinsic Value: Projected FCF is $58.71. The stock price of QNB is $23.59. Therefore, QNB's Price-to-Intrinsic-Value-Projected-FCF of today is 0.4.

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

QNBC' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.4   Med: 0.63   Max: 0.88
Current: 0.4

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of QNB was 0.88. The lowest was 0.40. And the median was 0.63.

QNBC's Price-to-Projected-FCF is ranked better than
56.39% of 1213 companies
in the Banks industry
Industry Median: 0.44 vs QNBC: 0.40

QNB Intrinsic Value: Projected FCF Historical Data

The historical data trend for QNB'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.

QNB Intrinsic Value: Projected FCF Chart

QNB 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 60.01 63.83 75.25 56.48 58.71

QNB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 59.00 57.50 54.42 58.71 -

Competitive Comparison of QNB's Intrinsic Value: Projected FCF

For the Banks - Regional subindustry, QNB'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.


QNB's Price-to-Projected-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, QNB's Price-to-Projected-FCF distribution charts can be found below:

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



QNB 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 QNB's Free Cash Flow(6 year avg) = $14.26.

QNB'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 (Mar24)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*14.25888+93.686*0.8)/3.655
=57.65

* 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.


QNB  (OTCPK:QNBC) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=23.59/57.646607651073
=0.41

* 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.


QNB Intrinsic Value: Projected FCF Related Terms

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


QNB (QNBC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
15 North Third Street, P.O. Box 9005, Quakertown, PA, USA, 18951-9005
QNB Corp is a bank holding company based in the United States. It operates through its wholly-owned subsidiary, QNB Bank which engages in the general commercial banking business and offering a full range of banking services to its customers. Its business activities involve attracting deposits and using funds in making commercial loans, residential mortgage loans, consumer loans, and purchasing investment securities. The loan portfolio includes commercial loans, such as commercial and industrial, construction, and loans secured by commercial real estate and residential real estate, and retail loans, including home equity loans and lines, and consumer loans. It generates revenue from net interest income.
Executives
Jennifer L Mann director P. O. BOX 9005, QUAKERTOWN PA 18951
Randy S. Bimes director P.O. BOX 9005, QUAKERTOWN PA 18951-9005
Laurie Bergman director 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Ranajoy Ray-chaudhuri director PO BOX 9005, QUAKERTOWN PA 18951-9005
Brown Kenneth F Jr director P.O. BOX 9005, QUAKERTOWN PA 18951
Dennis Helf director P.O. BOX 9005, QUAKERTOWN PA 18951
Thomas J Bisko director, officer: President/CEO P.O. BOX 9005, QUAKERTOWN PA 18951
Autumn R Bayles director QNB CORP, P.O. BOX 9005, QUAKERTOWN PA 18951
W Randall Stauffer director P.O. BOX 9005, QUAKERTOWN PA 18951
Scott R Stevenson director P.O. BOX 9005, QUAKERTOWN PA 18951
Covelens Courtney Lee officer: EVP, Chief Retail Officer PO BOX 9005, QUAKERTOWN PA 18951-9005
Christina S Mcdonald officer: EVP, Marketing 523 KINGSTON ROAD, ORELAND PA 19075
Jeffrey Lehocky officer: EVP, Chief Financial Officer 15 NORTH THIRD STREET, P.O. BOX 9005, QUAKERTOWN PA 18951-9005
Mary Elizabeth Liddle officer: SVP Chief Acc Off, acting CFO P.O. BOX 9005, QUAKERTOWN PA 18951-8005
David W. Freeman officer: President/COO P.O. BOX 9005, QUAKERTOWN PA 18951

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