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Safari Investments RSA (JSE:SAR) Intrinsic Value: Projected FCF : R7.21 (As of May. 25, 2024)


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What is Safari Investments RSA 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), Safari Investments RSA's Intrinsic Value: Projected FCF is R7.21. The stock price of Safari Investments RSA is R5.25. Therefore, Safari Investments RSA's Price-to-Intrinsic-Value-Projected-FCF of today is 0.7.

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

JSE:SAR' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.64   Med: 0.93   Max: 1.13
Current: 0.73

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Safari Investments RSA was 1.13. The lowest was 0.64. And the median was 0.93.

JSE:SAR's Price-to-Projected-FCF is ranked worse than
56.49% of 547 companies
in the REITs industry
Industry Median: 0.66 vs JSE:SAR: 0.73

Safari Investments RSA Intrinsic Value: Projected FCF Historical Data

The historical data trend for Safari Investments RSA'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.

Safari Investments RSA Intrinsic Value: Projected FCF Chart

Safari Investments RSA Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.05 5.14 5.50 6.00 7.21

Safari Investments RSA Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 6.00 - 7.21 -

Competitive Comparison of Safari Investments RSA's Intrinsic Value: Projected FCF

For the REIT - Diversified subindustry, Safari Investments RSA'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.


Safari Investments RSA's Price-to-Projected-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Safari Investments RSA's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Safari Investments RSA's Price-to-Projected-FCF falls into.



Safari Investments RSA 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 Safari Investments RSA's Free Cash Flow(6 year avg) = R-5.69.

Safari Investments RSA'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 (Mar23)*0.8)/Shares Outstanding (Diluted Average)
=(14.862653310476*-5.6928571428571+2429.069*0.8)/257.885
=7.21

* 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.


Safari Investments RSA  (JSE:SAR) 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.

Safari Investments RSA's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=5.25/7.2072599722343
=0.73

* 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.


Safari Investments RSA Intrinsic Value: Projected FCF Related Terms

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Safari Investments RSA (JSE:SAR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
410 Lynnwood Road, Lynnwood, Pretoria, GT, ZAF, 0081
Safari Investments RSA Ltd is a real estate investment trust. The Company earns revenue from the leasing of investment property and recoveries of property expenses. The company's operating segment includes Atteridgeville, Mamelodi, Sebokeng, Limpopo, Heidelberg, and Namibia. It generates maximum revenue from the Atteridgeville segment.