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CrossAmerica Partners LP (CrossAmerica Partners LP) Intrinsic Value: Projected FCF : $29.92 (As of May. 13, 2024)


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What is CrossAmerica Partners LP 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 (2024-05-13), CrossAmerica Partners LP's Intrinsic Value: Projected FCF is $29.92. The stock price of CrossAmerica Partners LP is $20.24. Therefore, CrossAmerica Partners LP's Price-to-Intrinsic-Value-Projected-FCF of today is 0.7.

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

CAPL' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.67   Med: 1.03   Max: 1.98
Current: 0.68

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of CrossAmerica Partners LP was 1.98. The lowest was 0.67. And the median was 1.03.

CAPL's Price-to-Projected-FCF is ranked better than
61.3% of 677 companies
in the Oil & Gas industry
Industry Median: 0.83 vs CAPL: 0.68

CrossAmerica Partners LP Intrinsic Value: Projected FCF Historical Data

The historical data trend for CrossAmerica Partners LP'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.

CrossAmerica Partners LP Intrinsic Value: Projected FCF Chart

CrossAmerica Partners LP 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 16.33 17.95 19.19 28.75 29.92

CrossAmerica Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 28.75 28.52 29.82 29.67 29.92

Competitive Comparison of CrossAmerica Partners LP's Intrinsic Value: Projected FCF

For the Oil & Gas Refining & Marketing subindustry, CrossAmerica Partners LP'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.


CrossAmerica Partners LP's Price-to-Projected-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CrossAmerica Partners LP's Price-to-Projected-FCF distribution charts can be found below:

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



CrossAmerica Partners LP 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 CrossAmerica Partners LP's Free Cash Flow(6 year avg) = $76.55.

CrossAmerica Partners LP'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 (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(14.862653310476*76.54672+3.007*0.8)/38.099
=29.92

* 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.


CrossAmerica Partners LP  (NYSE:CAPL) 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.

CrossAmerica Partners LP's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=20.24/29.924485194206
=0.68

* 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.


CrossAmerica Partners LP Intrinsic Value: Projected FCF Related Terms

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


CrossAmerica Partners LP (CrossAmerica Partners LP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
645 Hamilton Street, Suite 400, Allentown, PA, USA, 18101
CrossAmerica Partners LP is a US-based limited partnership which is engaged in the wholesale distribution of motor fuel and the ownership and leasing of real estate used in the retail distribution of motor fuel. The company operates through two business segments namely Wholesale and Retail. The Wholesale segment is a key revenue driver, includes the wholesale distribution of motor fuel to lessee dealers, independent dealers, commission agents, DMS, Circle K and through company operated retail sites. The Retail segment includes the sale of convenience merchandise items, the retail sale of motor fuel at company-operated retail sites and the retail sale of motor fuel at retail sites operated by commission agents.
Executives
Topper Joseph V. Jr. director, 10 percent owner 702 WEST HAMILTON STREET, SUITE 203, ALLENTOWN PA 18101
Robert Brecker officer: Executive Vice Pres Operations 107 SACRAMENTO DRIVE, QUAKERTOWN PA 18951
Stephen J Lattig officer: Senior Vice President Retail 6109 COTTONWOOD LANE, BLACKSHEAR GA 31516
Thomas E Kelso director 14921 OLD YORK ROAD, PHOENIX MD 21131
Matthew Evan Naylor officer: Senior Vice President Retail 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Mickey Kim director 500 S. COUNTRY CLUB ROAD, COLUMBUS IN 47201
2008 Irrevocable Agreement Of Trust Of John B Reilly Jr 10 percent owner 1577 SAUCON VALLEY ROAD, BETHLEHEM PA 18105
Dunne Manning Cap Holdings I Llc 10 percent owner 645 HAMILTON STREET, SUITE 500, ALLENTOWN PA 18101
Reilly John B. Iii director ONE SAUCON VIEW DRIVE, BETHLEHEM PA 18015
Eric M Javidi officer: Chief Financial Officer 500 TECHNOLOGY DRIVE, 2ND FLOOR, CANONSBURG PA 15317
Maura Topper director 1762 ARDEN LANE, BETHLEHEM PA 18015
Keenan D Lynch director, officer: Corporate Secretary 645 HAMILTON STREET, SUITE 500, ALLENTOWN PA 18101
Patricia Dunne Topper Trust 10 percent owner 645 HAMILTON STREET, SUITE 500, ALLENTOWN PA 18101
Dm Partners Management Co. Llc 10 percent owner 645 HAMILTON STREET, SUITE 500, ALLENTOWN PA 18101
Dunne Manning Partners Llc 10 percent owner 645 HAMILTON STREET, SUITE 500, ALLENTOWN PA 18101