Published on 7 Jan 2024 on Simply Wall St. via Yahoo Finance
Angi Inc. (NASDAQ:ANGI) Shares Could Be 40% Below Their Intrinsic Value Estimate
Key Insights
The projected fair value for Angi is US$3.70 based on 2 Stage Free Cash Flow to EquityAngi's US$2.23 share price signals that it might be 40% undervaluedOur fair value estimate is 5.8% lower than Angi's analyst price target of US$3.93
How far off is Angi Inc. (NASDAQ:ANGI) 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!