Discounted Cash Flow Calculation for BATS-CHIXE:OJMM 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.
BATS-CHIXE:OJMM 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.
Openjobmetis's share price is below the future cash flow value, and at a moderate discount (> 20%).
Openjobmetis's share price is below the future cash flow value, but not 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
Openjobmetis's earnings available for a low price, and how does
this compare to other companies in the same industry?
Openjobmetis's earnings are expected to grow by 8.9% yearly, however this is not considered high growth (20% yearly).
Openjobmetis's revenue is expected to grow by 2.4% yearly, however this is not considered high growth (20% yearly).
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.
Openjobmetis'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
1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
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.
Dott. Rosario Rasizza serves as Board Member at Green Arrow Capital SGR since 2019. Rosario Rasizza serves as the Chief Executive Officer and Managing Director at Openjobmetis S.p.A. In 1997, he started his career in the Employment Agency market and opened his first agency in Varese under the Temporary S.p.A. brand of Milan. In 2001, he took part in the setting-up of Openjob S.p.A. He made Openjob S.p.A. develop quickly between 2003 and 2011 thanks to the acquisition of various companies, the most recent in March 2011. On 27 December 2008, he was appointed Cavaliere al Merito della Repubblica Italiana (Order of Merit of the Republic). On 14 February, he was the Chairman of Assosomm, Associazione Italiana delle Agenzie per il Lavoro (National Association of Employment Agencies). He serves as a Director at Openjobmetis S.p.A. He is a Member of the Collegio dei Probiviri (Board of Arbitration) of the Ex Alumni Association of Liuc University of Castellanza. Mr. Rasizza obtained a diploma in electrical engineering from the Technical Institute of Gallarate.
Rosario's compensation has been consistent with company performance over the past year, both up more than 20%.
Rosario's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
MD & Director
Public Affairs Manager
Manager of Financial Reporting
Human Resources Director
Board of Directors
MD & Director
Chairman of Board of Statutory Auditors
Non Executive Member
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Openjobmetis S.p.A. operates as an employment agency in Italy. It offers temporary or permanent placement, staff leasing, personnel recruitment and selection, training, and outplacement services, as well as manages employment relationship from the bureaucratic-administrative aspects to training. The company also provides digital head hunting services; family assistants for elderly and non-self-sufficient; and online recruitment services for people with disabilities. It offers its services to the naval, industrial, health, large-scale retail trade, bank and finance, information and communication technology, agro-industrial, hotel, restaurant, and catering sectors. Openjobmetis S.p.A. was founded in 2011 and is headquartered in Gallarate, Italy.
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