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Tatton Asset Management (LSE:TAM) Intrinsic Value: Projected FCF : £2.37 (As of May. 12, 2024)


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What is Tatton Asset Management 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 (2024-05-12), Tatton Asset Management's Intrinsic Value: Projected FCF is £2.37. The stock price of Tatton Asset Management is £6.14. Therefore, Tatton Asset Management's Price-to-Intrinsic-Value-Projected-FCF of today is 2.6.

The historical rank and industry rank for Tatton Asset Management's Intrinsic Value: Projected FCF or its related term are showing as below:

LSE:TAM' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.89   Med: 2.28   Max: 2.59
Current: 2.59

During the past 9 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Tatton Asset Management was 2.59. The lowest was 1.89. And the median was 2.28.

LSE:TAM's Price-to-Projected-FCF is ranked worse than
88.97% of 934 companies
in the Asset Management industry
Industry Median: 0.93 vs LSE:TAM: 2.59

Tatton Asset Management Intrinsic Value: Projected FCF Historical Data

The historical data trend for Tatton Asset Management'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.

Tatton Asset Management Intrinsic Value: Projected FCF Chart

Tatton Asset Management Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only - - 1.54 1.94 2.37

Tatton Asset Management Semi-Annual Data
Mar15 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 - 1.94 - 2.37 -

Competitive Comparison of Tatton Asset Management's Intrinsic Value: Projected FCF

For the Asset Management subindustry, Tatton Asset Management'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.


Tatton Asset Management's Price-to-Projected-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tatton Asset Management's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Tatton Asset Management's Price-to-Projected-FCF falls into.



Tatton Asset Management 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 Tatton Asset Management's Free Cash Flow(6 year avg) = £7.78.

Tatton Asset Management'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*7.7835714285714+41.781*0.8)/62.807
=2.37

* 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.


Tatton Asset Management  (LSE:TAM) 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.

Tatton Asset Management's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=6.14/2.3740876599771
=2.59

* 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.


Tatton Asset Management Intrinsic Value: Projected FCF Related Terms

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Tatton Asset Management (LSE:TAM) Business Description

Traded in Other Exchanges
N/A
Address
Paradigm House, Lower Meadow Road, Brooke Court, Handforth, Wilmslow, Cheshire, GBR, SK9 3ND
Tatton Asset Management PLC offers on-platform only discretionary fund management, regulatory, compliance, and business consulting services, as well as a whole of market mortgage provision, to directly authorized financial advisers across the United Kingdom. The company's business segments include Tatton and Paradigm, with the maximum revenue derived from the Tatton segment.

Tatton Asset Management (LSE:TAM) Headlines

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