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Energy Developments (ASX:ENE) Intrinsic Value: Projected FCF : A$4.02 (As of May. 26, 2024)


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What is Energy Developments 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 (2024-05-26), Energy Developments's Intrinsic Value: Projected FCF is A$4.02. The stock price of Energy Developments is A$7.98. Therefore, Energy Developments's Price-to-Intrinsic-Value-Projected-FCF of today is 2.0.

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

ASX:ENE' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.77   Med: 1.82   Max: 2.58
Current: 1.99

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Energy Developments was 2.58. The lowest was 1.77. And the median was 1.82.

ASX:ENE's Price-to-Projected-FCF is not ranked
in the Utilities - Regulated industry.
Industry Median: 1.085 vs ASX:ENE: 1.99

Energy Developments Intrinsic Value: Projected FCF Historical Data

The historical data trend for Energy Developments'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.

Energy Developments Intrinsic Value: Projected FCF Chart

Energy Developments Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.20 -0.62 1.77 2.93 4.02

Energy Developments Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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 1.77 - 2.93 - 4.02

Competitive Comparison of Energy Developments's Intrinsic Value: Projected FCF

For the Utilities - Regulated Electric subindustry, Energy Developments'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.


Energy Developments's Price-to-Projected-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Energy Developments's Price-to-Projected-FCF distribution charts can be found below:

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



Energy Developments 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 Energy Developments's Free Cash Flow(6 year avg) = A$23.01.

Energy Developments'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 (Jun15)*0.8)/Shares Outstanding (Diluted Average)
=(14.560228559972*23.013285714286+371.013*0.8)/173.936
=3.63

* 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.


Energy Developments  (ASX:ENE) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=7.98/3.6328827839892
=2.20

* 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.


Energy Developments Intrinsic Value: Projected FCF Related Terms

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Energy Developments (ASX:ENE) Business Description

Traded in Other Exchanges
N/A
Address
Energy Developments Limited is an provider of low emissions, renewable and remote energy. It is involved in project development, finance, design, operation and maintenance of international power generating and energy delivery projects.

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