GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Deutsche Real Estate AG (FRA:DRE2) » Definitions » Intrinsic Value: Projected FCF

Deutsche Real Estate AG (FRA:DRE2) Intrinsic Value: Projected FCF : €21.13 (As of May. 11, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Deutsche Real Estate 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 (2024-05-11), Deutsche Real Estate AG's Intrinsic Value: Projected FCF is €21.13. The stock price of Deutsche Real Estate AG is €7.20. Therefore, Deutsche Real Estate AG's Price-to-Intrinsic-Value-Projected-FCF of today is 0.3.

The historical rank and industry rank for Deutsche Real Estate AG's Intrinsic Value: Projected FCF or its related term are showing as below:

FRA:DRE2' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.1   Med: 0.28   Max: 0.56
Current: 0.34

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Deutsche Real Estate AG was 0.56. The lowest was 0.10. And the median was 0.28.

FRA:DRE2's Price-to-Projected-FCF is ranked better than
74.31% of 1273 companies
in the Real Estate industry
Industry Median: 0.65 vs FRA:DRE2: 0.34

Deutsche Real Estate AG Intrinsic Value: Projected FCF Historical Data

The historical data trend for Deutsche Real Estate 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.

Deutsche Real Estate AG Intrinsic Value: Projected FCF Chart

Deutsche Real Estate AG 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 29.28 26.01 25.55 23.89 21.13

Deutsche Real Estate AG Semi-Annual Data
Jun14 Dec14 Jun15 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 Premium Member Only Premium Member Only Premium Member Only 25.55 - 23.89 - 21.13

Competitive Comparison of Deutsche Real Estate AG's Intrinsic Value: Projected FCF

For the Real Estate Services subindustry, Deutsche Real Estate 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.


Deutsche Real Estate AG's Price-to-Projected-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Deutsche Real Estate AG's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Deutsche Real Estate AG's Price-to-Projected-FCF falls into.



Deutsche Real Estate 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 Deutsche Real Estate AG's Free Cash Flow(6 year avg) = €12.44.

Deutsche Real Estate 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 (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*12.438571428571+395.509*0.8)/20.582
=21.13

* 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.


Deutsche Real Estate AG  (FRA:DRE2) 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.

Deutsche Real Estate 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
=7.20/21.126555891144
=0.34

* 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.


Deutsche Real Estate AG Intrinsic Value: Projected FCF Related Terms

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


Deutsche Real Estate AG (FRA:DRE2) Business Description

Traded in Other Exchanges
Address
Oudenarder Street 16, Berlin, DEU, 13347
Deutsche Real Estate AG is engaged in investing in building a portfolio with focus on office, logistics and retail properties in the growth regions of Germany.

Deutsche Real Estate AG (FRA:DRE2) Headlines

No Headlines