Discounted Cash Flow Calculation for DB:NGF using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for
is arrived at by discounting future cash flows to their present value using the 2 stage method.
We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
Note: Free cash flow to equity valuations ignore the company's cash or debt.
DB:NGF DCF 1st Stage: Next 10 year cash flow forecast
Amount off the current price
is available for.
Share price is
vs Future cash flow value of
Current Discount Checks
to be considered undervalued it must be available for at least 20% below the
current price. Less than 40% is even better.
Blossomvale Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
Blossomvale Holdings's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Blossomvale Holdings's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Blossomvale Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Energy Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Blossomvale Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Blossomvale Holdings's earnings growth to the Germany market average as no estimate data is available.
Unable to compare Blossomvale Holdings's revenue growth to the Germany market average as no estimate data is available.
Unable to determine if Blossomvale Holdings is high growth as no earnings estimate data is available.
Unable to determine if Blossomvale Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Blossomvale Holdings's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Blossomvale Holdings's finances.
The net worth of a company is the difference between its assets and liabilities.
Blossomvale Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Blossomvale Holdings has no long term commitments.
This treemap shows a more detailed breakdown of
Blossomvale Holdings's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 31.3x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Robin Nigel King has been the Chief Executive Officer of Neptune Marine Services Limited since June 06, 2011 and Executive Director since June 25, 2013. Mr. King has worked in the international oil and gas industry since 1982, focusing mainly in the offshore and subsea sectors. He served as an Acting Chief Executive Officer at Neptune Marine Services Limited from November 24, 2010 to June 6, 2011. He served as the Regional Vice President of Australia New Zealand and Papua New Guinea at Neptune Marine Services Ltd. from June 2010 to November 24, 2010. He joined Neptune from Technip, where he held the dual role of Chief Executive Officer of Subsea 7 Asia Pacific and Senior Vice President Subsea (Asia Pacific) of Technip Oceania, responsible for operations throughout Oceania and South East Asia. He served as Director of Seamec Limited since October 30, 2002. Mr. King holds a Masters of Business Administration and a Bachelor of Civil Engineering (First Class Honours).
Robin Nigel's compensation has been consistent with company performance over the past year, both up more than 20%.
Robin Nigel's remuneration is about average for companies of similar size in Germany.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Blossomvale Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.
Robin Nigel King
CEO & Executive Director
Chief Financial Officer
Group Financial Controller
Business Development Manager
General Manager of Allied Diving Services Pty Ltd
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the Blossomvale Holdings board of directors is about average.
Board of Directors
Boon Wee Kuah
Chairman of the Board
Robin Nigel King
CEO & Executive Director
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Blossomvale Holdings Ltd. does not have significant operations. Previously, it was engaged in providing integrated inspection, and repair and maintenance solutions for oil and gas, marine, and renewable energy industries. The company was formerly known as Neptune Marine Services Limited and changed its name to Blossomvale Holdings Ltd. in November 2019. The company was founded in 2003 and is based in Subiaco, Australia. Blossomvale Holdings Ltd. is a subsidiary of MTQ Corporation Limited.
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