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GoldMoney (TSX:XAU) Intrinsic Value: Projected FCF : C$17.09 (As of Jun. 10, 2024)


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What is GoldMoney 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), GoldMoney's Intrinsic Value: Projected FCF is C$17.09. The stock price of GoldMoney is C$7.61. Therefore, GoldMoney's Price-to-Intrinsic-Value-Projected-FCF of today is 0.5.

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

TSX:XAU' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.45   Med: 2.03   Max: 17.77
Current: 0.45

During the past 11 years, the highest Price-to-Intrinsic-Value-Projected-FCF of GoldMoney was 17.77. The lowest was 0.45. And the median was 2.03.

TSX:XAU's Price-to-Projected-FCF is ranked better than
79.22% of 539 companies
in the Capital Markets industry
Industry Median: 1.04 vs TSX:XAU: 0.45

GoldMoney Intrinsic Value: Projected FCF Historical Data

The historical data trend for GoldMoney'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.

GoldMoney Intrinsic Value: Projected FCF Chart

GoldMoney Annual Data
Trend Sep13 Sep14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.72 4.53 4.88 4.92 8.85

GoldMoney Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 7.30 8.85 13.94 14.57 17.09

Competitive Comparison of GoldMoney's Intrinsic Value: Projected FCF

For the Capital Markets subindustry, GoldMoney'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.


GoldMoney's Price-to-Projected-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, GoldMoney's Price-to-Projected-FCF distribution charts can be found below:

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



GoldMoney 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 GoldMoney's Free Cash Flow(6 year avg) = C$9.95.

GoldMoney'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*9.94736+174.206*0.8)/13.697
=17.09

* 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.


GoldMoney  (TSX:XAU) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=7.61/17.088936603025
=0.45

* 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.


GoldMoney Intrinsic Value: Projected FCF Related Terms

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GoldMoney (TSX:XAU) Business Description

Traded in Other Exchanges
Address
334 Adelaide Street West, Suite 307, Toronto, ON, CAN, M5V 1R4
GoldMoney Inc is engaged in precious metal focused global business. It operates through subsidiaries and is engaged in precious metal sales to its clients, including arranging delivery and storage of precious metals for its clients, coin retailing, and lending. Goldmoney has a client base in more than a hundred countries and holds precious metal assets. The company's operating subsidiaries include Goldmoney.com and SchiffGold.com. In addition to the company's principal business segments, the company holds a significant interest in Mene Inc., which crafts pure 24-karat gold and platinum investment jewelry that is sold by gram weight. Through these businesses and other investment activities, the firm gains long-term exposure to precious metals.
Executives
Roy Sebag 10% Security Holder, Director, Senior Officer

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