Discounted Cash Flow Calculation for DB:IEF 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.
DB:IEF 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.
Videlio's share price is below the future cash flow value, and at a moderate discount (> 20%).
Videlio'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
Videlio's earnings available for a low price, and how does
this compare to other companies in the same industry?
Videlio's earnings are expected to grow by 16.6% yearly, however this is not considered high growth (20% yearly).
Unable to determine if Videlio 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.
Videlio'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.
Mr. Hervé de Galbert is a Co-Founder Qualis SCA in 1996 and serves as its Managing Partner. Mr. de Galbert serves as Chief Executive Officer and Member of the Management Board at Videlio SA. He began his career in operational control and management, first at Groupe Servier and then at Leroy Merlin, where he became a Member of the Executive Committee with extended responsibilities as a Human Resource Director and Regional Director. In 1992, he acquired CTN and Française de Palettes. He served as the Chairman of Videlio SA. He serves as a Director of Korreden S.A. (formerly, Akerys). Mr. de Galbert is a Graduate of Institut Supérieur de Gestion.
Insufficient data for Hervé to compare compensation growth.
Hervé's remuneration is lower than average for companies of similar size in Germany.
Hervé de Galbert
CEO & Member of the Management Board
CEO & Vice Chairman of the Management Board
President of Management Board & Member of Supervisory Board
Director of Operations
Chief Marketing & Communication Manager
Human Resources Director
Chief Executive Officer of VIDELIO - HMS
Chief Executive Officer of VIDELIO - IEC
Chief Executive Officer of VIDELIO - Cap'Ciné
Chief Executive Officer of Media
Board of Directors Tenure
Average tenure of the
board of directors in years:
The tenure for the Videlio board of directors is about average.
Board of Directors
Chairman of the Supervisory Board
Vice-Chairman of the Supervisory Board
President of Management Board & Member of Supervisory Board
Videlio SA provides video solutions and services for private and public companies in France and internationally. The company designs, rolls-out, operates, and maintains video systems and solutions. It also leases and sells virtual editing systems, special effects, and audio editing equipment, as well as video and audio broadcasting equipment. In addition, the company offers made-to-measure and technical solutions for the dissemination and enhancement of messages during conventions, conferences, sports and cultural events, etc. Further, it provides marine video solutions; systems of video-conference, projection, sound-engineering, and automation; solutions of video broadcast; and video company concierge services. Additionally, the company operates as an audiovisual integrator; and maintains fixed or temporary technological installations. Videlio SA is based in Gennevilliers, France.
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