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Core-Mark Holding Co (Core-Mark Holding Co) Intrinsic Value: Projected FCF : $17.14 (As of May. 05, 2024)


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What is Core-Mark Holding Co 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 (2024-05-05), Core-Mark Holding Co's Intrinsic Value: Projected FCF is $17.14. The stock price of Core-Mark Holding Co is $45.65. Therefore, Core-Mark Holding Co's Price-to-Intrinsic-Value-Projected-FCF of today is 2.7.

The historical rank and industry rank for Core-Mark Holding Co's Intrinsic Value: Projected FCF or its related term are showing as below:

CORE' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.52   Med: 1.46   Max: 7.65
Current: 2.66

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Core-Mark Holding Co was 7.65. The lowest was 0.52. And the median was 1.46.

CORE's Price-to-Projected-FCF is not ranked
in the Retail - Defensive industry.
Industry Median: 0.89 vs CORE: 2.66

Core-Mark Holding Co Intrinsic Value: Projected FCF Historical Data

The historical data trend for Core-Mark Holding Co'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.

Core-Mark Holding Co Intrinsic Value: Projected FCF Chart

Core-Mark Holding Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.63 7.55 16.50 18.50 22.01

Core-Mark Holding Co Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 24.17 15.19 22.01 24.62 17.14

Competitive Comparison of Core-Mark Holding Co's Intrinsic Value: Projected FCF

For the Food Distribution subindustry, Core-Mark Holding Co'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.


Core-Mark Holding Co's Price-to-Projected-FCF Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Core-Mark Holding Co's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Core-Mark Holding Co's Price-to-Projected-FCF falls into.



Core-Mark Holding Co 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 Core-Mark Holding Co's Free Cash Flow(6 year avg) = $23.52.

Core-Mark Holding Co'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 (Jun21)*0.8)/Shares Outstanding (Diluted Average)
=(11.222205783355*23.52+645.1*0.8)/45.500
=17.14

* 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.


Core-Mark Holding Co  (NAS:CORE) 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.

Core-Mark Holding Co's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=45.65/17.143434725814
=2.66

* 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.


Core-Mark Holding Co Intrinsic Value: Projected FCF Related Terms

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


Core-Mark Holding Co (Core-Mark Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
1500 Solana Boulevard, Suite 3400, Westlake, TX, USA, 76262
Core-Mark Holding Co Inc is a wholesale distributor to the convenience retail industry in North America, providing sales, marketing, distribution, and logistics services to customers across the United States and Canada. The company offers customers a wide range of branded and private label products including cigarettes, food, candy, health and beauty products, and beverages. Geographically, it generates a majority of its revenue from the United States.
Executives
Christopher M Miller officer: Senior VP & CFO 200 FOURTH ST OAKLAND CA 94607
Scott E Mcpherson director, officer: President and CEO 395 OYSTER POINT BLVD, SUITE 415, SAN FRANCISCO CA 94080
Alan T Thomas officer: SVP, Western Divisions 395 OYSTER POINT BLVD SUITE 415 SOUTH SAN FRANCISCO CA 94080
Jennifer Hulett officer: Senior VP and Chief HR Officer 1500 SOLANA BLVD., SUITE 3400, WESTLAKE TX 76262
Christopher M Murray officer: SVP - Marketing 1500 SOLANA BLVD SUITE 3400 WESTLAKE TX 76262
Diane Randolph director 1500 SOLANA BLVD, SUITE 3400, WESTLAKE TX 76262
Stuart W Booth director C/O CENTRAL GARDEN & PET CO, 3697 MT DIABLO BLVD STE 310, LAFAYETTE CA 94549
David Jackson Lawrence officer: VP - Treasury & IR 1500 SOLANA BLVD BUILDING 3, SUITE 3400 WESTLAKE TX 76262
Jordana Daryl Kammerud officer: Senior VP and Chief HR Officer ONE RIVERFRONT PLAZA, CORNING NY 14831
Laura Jean Flanagan director 395 OYSTER POINT BLVD, SUITE 415, SOUTH SAN FRANCISCO CA 94080
Christopher Hobson officer: Senior VP US Distribution East 395 OYSTER POINT BLVD. SOUTH SAN FRANCISCO CA 94080
William Stein officer: Senior VP Enterprise Growth 395 OYSTER POINT BLVD SOUTH SAN FRANCISCO CA 94080
Eric Rolheiser officer: President - Canada Operations 395 OYSTER POINT BLVD. SUITE 415 SOUTH SAN FRANCISCO CA 94080
Rocky Dewbre director 46 FLORHAM PARK DR., SPRING TX 77379
Harvey L Tepner director 395 OYSTER POINT BLVD., SUITE 415, SAN FRANCISCO CA 94080

Core-Mark Holding Co (Core-Mark Holding Co) Headlines