Intrinsic value of Fidelity National Financial, Inc. (FNF)

[per Chepakovich valuation model]

other valuations of FNF

[per Chepakovich valuation model]  See other valuations of FNF stock

Previous Close$47.02
Intrinsic Value
Upside potential
Previous Close
$47.02

VALUATION INPUT DATA

Revenue, mln $
Initial revenue growth rate (norm.), %
Variable cost ratio, %
Fixed operating expenses, mln $
Production assets / Revenue, %
Working capital / Revenue, %
Interest rate on debt, %
Life of production assets, yrs
Initial discount rate, %
Shares outstanding, mln
Adjusted equity ratio
Adjusted assets / Revenue
Based on fiscal year data as of 2020-12-31 and quarterly data as of 2020-12-31.
NOTE: The bar chart shows historic and forecasted yearly revenue growth rates. Its purpose is to help you in determining what initial revenue rate you want to base your stock valuation on. Please make sure that you are confident in the value you select - for most stocks it is by far the most important parameter in valuation.
  1. Annual
  2. Quarterly YoY
  3. Quarterly QoQ

Annual revenue growth rates, % (past and forecasted)

show cash flow forecast

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year2020(a)2021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045

INCOME STATEMENT

Revenue growth rate, %27.3NaN
Revenue, $10778NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m8994NaN
Operating income, $m1784NaN
EBITDA, $m2080NaN
Interest expense (income), $mNaN
Earnings before tax, $m1749NaN
Tax expense, $m322NaN
Net income, $m1427NaN

BALANCE SHEET

Cash and short-term investments, $m2719NaN
Total assets, $m50455NaN
Adjusted assets (=assets-cash), $m47736NaN
Average production assets, $m5536NaN
Working capital, $m-31192NaN
Total debt, $m2662NaN
Total liabilities, $m42063NaN
Total equity, $m8392NaN
Debt-to-equity ratio0.317NaN
Adjusted equity ratio0.119NaN

CASH FLOW

Net income, $m1427NaN
Depreciation, amort., depletion, $m296NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m1578NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-101NaN
Free cash flow, $m1679NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m-31192
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN