Published on 8 Apr 2024 on Simply Wall St. via Yahoo Finance
Antofagasta plc (LON:ANTO) Shares Could Be 48% Below Their Intrinsic Value Estimate
Key Insights
Antofagasta's estimated fair value is UK£42.11 based on 2 Stage Free Cash Flow to EquityAntofagasta's UK£21.94 share price signals that it might be 48% undervaluedOur fair value estimate is 156% higher than Antofagasta's analyst price target of US$16.47
How far off is Antofagasta plc (LON:ANTO) from its intrinsic value? Using the most recent financial data, we'll take a look at whether the stock is fairly priced by taking the forecast future cash flows of the company and discounting them back to today's value. This will be done using the Discounted Cash Flow (DCF) model. There's really not all that much to it, even though it might appear quite complex.