Future PLC
F:FNWA

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Future PLC
F:FNWA
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Price: 3.9 EUR Market Closed
Market Cap: €442.7m

EV/FCFF

6.3
Current
24%
Cheaper
vs 3-y average of 8.3

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
6.3
=
Enterprise Value
€708.7m
/
Free Cash Flow to Firm
£101.1m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
6.3
=
Enterprise Value
€708.7m
/
Free Cash Flow to Firm
£101.1m

Valuation Scenarios

Future PLC is trading below its 3-year average

If EV/FCFF returns to its 3-Year Average (8.3), the stock would be worth €5.14 (32% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-100%
Maximum Upside
+44%
Average Downside
31%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 6.3 €3.9
0%
3-Year Average 8.3 €5.14
+32%
5-Year Average 9.1 €5.63
+44%
Industry Average 0 €0.01
-100%
Country Average 0 €0.02
-99%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
UK
Future PLC
F:FNWA
333.9m EUR 6.3 5.1
US
News Corp
NASDAQ:NWSA
14.7B USD 21.8 12.8
US
New York Times Co
NYSE:NYT
12.8B USD 22.2 37.2
UK
Pearson PLC
LSE:PSON
6.9B GBP 14.9 20.5
NO
Schibsted ASA
OSE:SCHA
78B NOK 114.1 6
DE
Springer Nature AG & Co KgaA
XETRA:SPG
3.9B EUR 12.7 11
ZA
Caxton and CTP Publishers and Printers Ltd
JSE:CAT
4.5B ZAR 2.9 7.6
CN
Jiangsu Phoenix Publishing & Media Corp Ltd
SSE:601928
24B CNY 7.6 13.4
CN
China Literature Ltd
HKEX:772
25.1B HKD 19.8 -28.1
JP
Kadokawa Corp
TSE:9468
522.9B JPY 287.3 233.9
CN
People.cn Co Ltd
SSE:603000
21B CNY 51 112.4

Market Distribution

Higher than 92% of companies in United Kingdom
Percentile
92st
Based on 1 823 companies
92st percentile
8.1
Low
0 — 0
Typical Range
0 — 0.1
High
0.1 —
Distribution Statistics
United Kingdom
Min 0
30th Percentile 0
Median 0
70th Percentile 0.1
Max 1 344.9

Future PLC
Glance View

Market Cap
442.7m EUR
Industry
Media

Future PLC, a dynamic force in the publishing and media landscape, emerged from the bustling entrepreneurial spirit of Bath, England, in 1985. Originally founded to publish computer and technology magazines, Future has continuously evolved, expanding its reach across various domains like gaming, music, and lifestyle. Over the years, the company has made strategic acquisitions that broadened its portfolio, integrating brands like TechRadar, PC Gamer, and Popular Science. This diverse range of properties enables Future to tap into niche audiences with specific interests, crafting compelling content tailored to their readers' passions and preferences. The company capitalizes on digital transformation by embracing multi-platform distribution, which helps Future maintain a significant presence both online and in print, allowing them to engage millions of consumers globally. The financial engine behind Future PLC's success is its unique revenue model that fuses traditional advertising with innovative digital solutions. By leveraging cutting-edge data analytics and consumer insights, the company enhances its advertising offerings, providing targeted solutions to advertisers seeking direct engagement with niche audiences. Beyond advertising, Future has built a robust e-commerce platform that allows readers to purchase products directly through content-driven recommendations, creating a seamless browsing and shopping experience. This integration of content and commerce forms the backbone of Future's monetization strategy, ensuring diversified income streams in the ever-evolving media landscape. The company’s knack for anticipating media trends and adapting quickly enables it to remain relevant and financially sound in an industry that is perpetually in flux.

FNWA Intrinsic Value
13.85 EUR
Undervaluation 72%
Intrinsic Value
Price €3.9
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