GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tokyu Reit Inc (OTCPK:TKURF) » Definitions » Intrinsic Value: Projected FCF

Tokyu Reit (Tokyu Reit) Intrinsic Value: Projected FCF : $1,172.51 (As of Apr. 28, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Tokyu Reit 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 (2024-04-28), Tokyu Reit's Intrinsic Value: Projected FCF is $1,172.51. The stock price of Tokyu Reit is $1180.00. Therefore, Tokyu Reit's Price-to-Intrinsic-Value-Projected-FCF of today is 1.0.

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

TKURF' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.01   Med: 1.2   Max: 1.82
Current: 1.01

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Tokyu Reit was 1.82. The lowest was 1.01. And the median was 1.20.

TKURF's Price-to-Projected-FCF is ranked worse than
76.32% of 549 companies
in the REITs industry
Industry Median: 0.66 vs TKURF: 1.01

Tokyu Reit Intrinsic Value: Projected FCF Historical Data

The historical data trend for Tokyu Reit'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.

Tokyu Reit Intrinsic Value: Projected FCF Chart

Tokyu Reit Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 811.89 1,351.80 975.16 1,327.63 1,182.66

Tokyu Reit Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - 1,327.63 - 1,182.66 -

Competitive Comparison of Tokyu Reit's Intrinsic Value: Projected FCF

For the REIT - Diversified subindustry, Tokyu Reit'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.


Tokyu Reit's Price-to-Projected-FCF Distribution in the REITs Industry

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

* The bar in red indicates where Tokyu Reit's Price-to-Projected-FCF falls into.



Tokyu Reit 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 Tokyu Reit's Free Cash Flow(6 year avg) = $39.69.

Tokyu Reit'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 (Jul23)*0.8)/Shares Outstanding (Diluted Average)
=(9.7180950547477*39.690714285714+871.444*0.8)/0.978
=1,107.23

* 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.


Tokyu Reit  (OTCPK:TKURF) 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.

Tokyu Reit's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=1180.00/1107.2324480771
=1.07

* 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.


Tokyu Reit Intrinsic Value: Projected FCF Related Terms

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


Tokyu Reit (Tokyu Reit) Business Description

Industry
Traded in Other Exchanges
Address
1-12-1, Dogenzaka, Tokyo, JPN
Tokyu Reit Inc is a Japanese real estate company. It is engaged in asset investment and management based on principles of growth, stability, and transparency. The company invests predominantly in retail and office properties located in Chiyoda, Chuo, Minato, Shinjuku and Shibuya wards. It also conducts replacement of properties and other measures as needed in order to maintain and improve the portfolio quality, aiming to enhance its asset value and increase net income per unit.

Tokyu Reit (Tokyu Reit) Headlines

No Headlines