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Health Italia SpA (FRA:6I50) Intrinsic Value: Projected FCF : €85.48 (As of May. 25, 2024)


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What is Health Italia SpA 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 (2024-05-25), Health Italia SpA's Intrinsic Value: Projected FCF is €85.48. The stock price of Health Italia SpA is €123.00. Therefore, Health Italia SpA's Price-to-Intrinsic-Value-Projected-FCF of today is 1.4.

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

FRA:6I50' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.36   Med: 2.23   Max: 6.09
Current: 1.44

During the past 9 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Health Italia SpA was 6.09. The lowest was 1.36. And the median was 2.23.

FRA:6I50's Price-to-Projected-FCF is ranked worse than
92.31% of 13 companies
in the Healthcare Plans industry
Industry Median: 0.81 vs FRA:6I50: 1.44

Health Italia SpA Intrinsic Value: Projected FCF Historical Data

The historical data trend for Health Italia SpA'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.

Health Italia SpA Intrinsic Value: Projected FCF Chart

Health Italia SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only - - 24.21 46.49 84.98

Health Italia SpA Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 24.21 - 46.49 - 84.98

Competitive Comparison of Health Italia SpA's Intrinsic Value: Projected FCF

For the Healthcare Plans subindustry, Health Italia SpA'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.


Health Italia SpA's Price-to-Projected-FCF Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Health Italia SpA's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Health Italia SpA's Price-to-Projected-FCF falls into.



Health Italia SpA 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 Health Italia SpA's Free Cash Flow(6 year avg) = €-1.24.

Health Italia SpA'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)
=(9.5203515959648*-1.2365714285714+35.75*0.8)/0.189
=89.03

* 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.


Health Italia SpA  (FRA:6I50) 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.

Health Italia SpA's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=123.00/89.033890087172
=1.38

* 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.


Health Italia SpA Intrinsic Value: Projected FCF Related Terms

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Health Italia SpA (FRA:6I50) Business Description

Traded in Other Exchanges
Address
Via di Santa Cornelia, 9, Formello, ITA, 00060
Health Italia SpA is an Italy based company engaged in offering integrated healthcare services. It operates in the promotion of integrated and alternative healthcare solutions and provides administrative, liquidation, information technology and consulting services for health funds, health care funds and mutual-aid companies. In addition, the group is also active in the corporate welfare market and manages outsourced flexible benefit welfare plans.

Health Italia SpA (FRA:6I50) Headlines

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