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Pfeiffer Vacuum Technology AG (XTER:PFV) Intrinsic Value: Projected FCF : €72.78 (As of Apr. 27, 2024)


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What is Pfeiffer Vacuum Technology AG 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), Pfeiffer Vacuum Technology AG's Intrinsic Value: Projected FCF is €72.78. The stock price of Pfeiffer Vacuum Technology AG is €154.40. Therefore, Pfeiffer Vacuum Technology AG's Price-to-Intrinsic-Value-Projected-FCF of today is 2.1.

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

XTER:PFV' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.94   Med: 1.68   Max: 2.68
Current: 2.12

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Pfeiffer Vacuum Technology AG was 2.68. The lowest was 0.94. And the median was 1.68.

XTER:PFV's Price-to-Projected-FCF is ranked worse than
63.59% of 1895 companies
in the Industrial Products industry
Industry Median: 1.53 vs XTER:PFV: 2.12

Pfeiffer Vacuum Technology AG Intrinsic Value: Projected FCF Historical Data

The historical data trend for Pfeiffer Vacuum Technology AG'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.

Pfeiffer Vacuum Technology AG Intrinsic Value: Projected FCF Chart

Pfeiffer Vacuum Technology AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.72 85.09 73.55 80.48 75.84

Pfeiffer Vacuum Technology AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 79.33 75.84 67.11 70.09 72.78

Competitive Comparison of Pfeiffer Vacuum Technology AG's Intrinsic Value: Projected FCF

For the Specialty Industrial Machinery subindustry, Pfeiffer Vacuum Technology AG'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.


Pfeiffer Vacuum Technology AG's Price-to-Projected-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pfeiffer Vacuum Technology AG's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Pfeiffer Vacuum Technology AG's Price-to-Projected-FCF falls into.



Pfeiffer Vacuum Technology AG 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 Pfeiffer Vacuum Technology AG's Free Cash Flow(6 year avg) = €19.55.

Pfeiffer Vacuum Technology AG'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 (Sep23)*0.8)/Shares Outstanding (Diluted Average)
=(12.695422498353*19.55472+587.419*0.8)/9.868
=72.78

* 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.


Pfeiffer Vacuum Technology AG  (XTER:PFV) 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.

Pfeiffer Vacuum Technology AG's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=154.40/72.779756002939
=2.12

* 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.


Pfeiffer Vacuum Technology AG Intrinsic Value: Projected FCF Related Terms

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Pfeiffer Vacuum Technology AG (XTER:PFV) Business Description

Traded in Other Exchanges
Address
Berliner Strasse 43, Asslar, HE, DEU, 35614
Pfeiffer Vacuum Technology AG is a Germany-based company that develops, manufactures, and markets parts and systems for vacuum generation, measurement, and analysis, and for leak detection. The company has an extensive line of solutions, products, and services, including turbo pumps, backing pumps, custom pumps, measurement and analysis equipment, and others. The company's customers primarily come from applications including semiconductors, coating, industrial purposes, and others. The company markets its products through its proprietary sales network and independent marketing agents. Pfeiffer Vacuum Technology has a global presence, with Europe, the United States, and Asia being the three biggest markets for the company.

Pfeiffer Vacuum Technology AG (XTER:PFV) Headlines

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