Published on 11 Apr 2024 on Simply Wall St. via Yahoo Finance
Appen Limited's (ASX:APX) Intrinsic Value Is Potentially 68% Above Its Share Price
Key Insights
The projected fair value for Appen is AU$1.30 based on 2 Stage Free Cash Flow to EquityAppen's AU$0.77 share price signals that it might be 41% undervalued Analyst price target for APX is US$0.51 which is 61% below our fair value estimate
How far off is Appen Limited (ASX:APX) from its intrinsic value? Using the most recent financial data, we'll take a look at whether the stock is fairly priced by estimating the company's future cash flows and discounting them to their present value. Our analysis will employ the Discounted Cash Flow (DCF) model. Believe it or not, it's not too difficult to follow, as you'll see from our example!