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Manulife Floating Rate Senior Loan Fund (TSX:MFR.UN) Intrinsic Value: Projected FCF : C$0.00 (As of Jun. 10, 2024)


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What is Manulife Floating Rate Senior Loan Fund 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 (2024-06-10), Manulife Floating Rate Senior Loan Fund's Intrinsic Value: Projected FCF is C$0.00. The stock price of Manulife Floating Rate Senior Loan Fund is C$5.92. Therefore, Manulife Floating Rate Senior Loan Fund's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Manulife Floating Rate Senior Loan Fund's Intrinsic Value: Projected FCF or its related term are showing as below:

TSX:MFR.UN's Price-to-Projected-FCF is not ranked *
in the Asset Management industry.
Industry Median: 0.93
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Manulife Floating Rate Senior Loan Fund Intrinsic Value: Projected FCF Historical Data

The historical data trend for Manulife Floating Rate Senior Loan Fund'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.

Manulife Floating Rate Senior Loan Fund Intrinsic Value: Projected FCF Chart

Manulife Floating Rate Senior Loan Fund Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Intrinsic Value: Projected FCF
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Manulife Floating Rate Senior Loan Fund Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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Competitive Comparison of Manulife Floating Rate Senior Loan Fund's Intrinsic Value: Projected FCF

For the Asset Management subindustry, Manulife Floating Rate Senior Loan Fund'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.


Manulife Floating Rate Senior Loan Fund's Price-to-Projected-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Manulife Floating Rate Senior Loan Fund's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Manulife Floating Rate Senior Loan Fund's Price-to-Projected-FCF falls into.



Manulife Floating Rate Senior Loan Fund 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)



Manulife Floating Rate Senior Loan Fund  (TSX:MFR.UN) 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.

Manulife Floating Rate Senior Loan Fund's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=5.92/
=

* 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.


Manulife Floating Rate Senior Loan Fund Intrinsic Value: Projected FCF Related Terms

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Manulife Floating Rate Senior Loan Fund (TSX:MFR.UN) Business Description

Traded in Other Exchanges
N/A
Address
200 Bloor Street East, North Tower, Toronto, ON, CAN, M4W 1E5
Manulife Floating Rate Senior Loan Fund is a Canada based closed-end investment fund. Its investment objective is to provide holders of units with monthly distributions; to preserve capital and to provide the opportunity for increased income if short-term interest rates rise. It is formed to invest in an actively managed portfolio of investments in senior floating rate loans and, to a lesser extent, short duration debt securities.

Manulife Floating Rate Senior Loan Fund (TSX:MFR.UN) Headlines

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