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National Bank of Canada (TSX:NA.PR.E.PFD) Intrinsic Value: Projected FCF : C$0.00 (As of Apr. 27, 2024)


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What is National Bank of Canada 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 (2024-04-27), National Bank of Canada's Intrinsic Value: Projected FCF is C$0.00. The stock price of National Bank of Canada is C$22.78. Therefore, National Bank of Canada's Price-to-Intrinsic-Value-Projected-FCF of today is 0.3.

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

TSX:NA.PR.E.PFD' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.22   Med: 0.41   Max: 1.74
Current: 0.33

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of National Bank of Canada was 1.74. The lowest was 0.22. And the median was 0.41.

TSX:NA.PR.E.PFD's Price-to-Projected-FCF is ranked better than
67.02% of 1213 companies
in the Banks industry
Industry Median: 0.44 vs TSX:NA.PR.E.PFD: 0.33

National Bank of Canada Intrinsic Value: Projected FCF Historical Data

The historical data trend for National Bank of Canada'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.

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National Bank of Canada Intrinsic Value: Projected FCF Chart

National Bank of Canada Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Intrinsic Value: Projected FCF
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National Bank of Canada Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of National Bank of Canada's Intrinsic Value: Projected FCF

For the Banks - Diversified subindustry, National Bank of Canada'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.


National Bank of Canada's Price-to-Projected-FCF Distribution in the Banks Industry

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

* The bar in red indicates where National Bank of Canada's Price-to-Projected-FCF falls into.



National Bank of Canada 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 National Bank of Canada's Free Cash Flow(6 year avg) = C$7,333.76.

National Bank of Canada'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 (Jan24)*0.8)/Shares Outstanding (Diluted Average)
=(*7333.76+23899*0.8)/0
=

* 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.


National Bank of Canada  (TSX:NA.PR.E.PFD) 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.

National Bank of Canada's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=22.78/
=

* 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.


National Bank of Canada Intrinsic Value: Projected FCF Related Terms

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National Bank of Canada (TSX:NA.PR.E.PFD) Business Description

Address
600 Rue De La Gauchetiere West, 4th Floor, Montreal, QC, CAN, H3B 4L2
National Bank of Canada is the sixth-largest Canadian bank. The bank offers integrated financial services, primarily in the province of Quebec as well as the city of Toronto. Operational segments include personal and commercial banking, wealth management, and a financial markets group.

National Bank of Canada (TSX:NA.PR.E.PFD) Headlines

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