Latest news with #GDI
Yahoo
4 days ago
- Business
- Yahoo
A Look At The Intrinsic Value Of GDI Integrated Facility Services Inc. (TSE:GDI)
Key Insights Using the 2 Stage Free Cash Flow to Equity, GDI Integrated Facility Services fair value estimate is CA$34.26 GDI Integrated Facility Services' CA$31.86 share price indicates it is trading at similar levels as its fair value estimate The CA$44.13 analyst price target for GDI is 29% more than our estimate of fair value Today we will run through one way of estimating the intrinsic value of GDI Integrated Facility Services Inc. (TSE:GDI) by taking the forecast future cash flows of the company and discounting them back to today's value. This will be done using the Discounted Cash Flow (DCF) model. Don't get put off by the jargon, the math behind it is actually quite straightforward. We would caution that there are many ways of valuing a company and, like the DCF, each technique has advantages and disadvantages in certain scenarios. If you still have some burning questions about this type of valuation, take a look at the Simply Wall St analysis model. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Crunching The Numbers We use what is known as a 2-stage model, which simply means we have two different periods of growth rates for the company's cash flows. Generally the first stage is higher growth, and the second stage is a lower growth phase. To start off with, we need to estimate the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. Generally we assume that a dollar today is more valuable than a dollar in the future, so we discount the value of these future cash flows to their estimated value in today's dollars: 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Levered FCF (CA$, Millions) CA$54.7m CA$62.6m CA$51.5m CA$45.6m CA$42.2m CA$40.3m CA$39.4m CA$39.0m CA$39.1m CA$39.4m Growth Rate Estimate Source Analyst x2 Analyst x1 Est @ -17.66% Est @ -11.62% Est @ -7.38% Est @ -4.42% Est @ -2.35% Est @ -0.90% Est @ 0.12% Est @ 0.83% Present Value (CA$, Millions) Discounted @ 6.9% CA$51.1 CA$54.8 CA$42.2 CA$34.9 CA$30.3 CA$27.1 CA$24.8 CA$23.0 CA$21.5 CA$20.3 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = CA$330m The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (2.5%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 6.9%. Terminal Value (TV)= FCF2035 × (1 + g) ÷ (r – g) = CA$39m× (1 + 2.5%) ÷ (6.9%– 2.5%) = CA$926m Present Value of Terminal Value (PVTV)= TV / (1 + r)10= CA$926m÷ ( 1 + 6.9%)10= CA$477m The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is CA$807m. In the final step we divide the equity value by the number of shares outstanding. Compared to the current share price of CA$31.9, the company appears about fair value at a 7.0% discount to where the stock price trades currently. Remember though, that this is just an approximate valuation, and like any complex formula - garbage in, garbage out. Important Assumptions The calculation above is very dependent on two assumptions. The first is the discount rate and the other is the cash flows. Part of investing is coming up with your own evaluation of a company's future performance, so try the calculation yourself and check your own assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at GDI Integrated Facility Services as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 6.9%, which is based on a levered beta of 1.007. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. Check out our latest analysis for GDI Integrated Facility Services SWOT Analysis for GDI Integrated Facility Services Strength Earnings growth over the past year exceeded the industry. Debt is well covered by cash flow. Weakness Interest payments on debt are not well covered. Opportunity Annual earnings are forecast to grow for the next 3 years. Current share price is below our estimate of fair value. Threat Annual earnings are forecast to grow slower than the Canadian market. Looking Ahead: Whilst important, the DCF calculation is only one of many factors that you need to assess for a company. The DCF model is not a perfect stock valuation tool. Preferably you'd apply different cases and assumptions and see how they would impact the company's valuation. If a company grows at a different rate, or if its cost of equity or risk free rate changes sharply, the output can look very different. For GDI Integrated Facility Services, there are three important elements you should consider: Risks: Take risks, for example - GDI Integrated Facility Services has 2 warning signs (and 1 which is concerning) we think you should know about. Future Earnings: How does GDI's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart. Other Solid Businesses: Low debt, high returns on equity and good past performance are fundamental to a strong business. Why not explore our interactive list of stocks with solid business fundamentals to see if there are other companies you may not have considered! PS. Simply Wall St updates its DCF calculation for every Canadian stock every day, so if you want to find the intrinsic value of any other stock just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Cision Canada
23-07-2025
- Business
- Cision Canada
REMINDER / GDI INTEGRATED FACILITY SERVICES INC.: FINANCIAL RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2025 Français
LASALLE, QC, July 23, 2025 /CNW/ - GDI Integrated Facility Services Inc. (" GDI") (TSX: GDI) will release its financial results for the second quarter ended June 30, 2025, on Wednesday August 6, 2025, following market close. GDI will hold a conference call on Thursday August 7, 2025, at 9:00 a.m. (Eastern Time) to discuss its financial and operating results. Participants will include Claude Bigras, President and Chief Executive Officer, Charles-Etienne Girouard, Senior Vice-President and Chief Financial Officer and David Hinchey, Executive Vice President, Corporate Development. Members of the financial community are invited to access the conference call, and analysts will be able to submit questions. Media representatives may attend as listeners only. Please dial in 10 minutes before the start of the conference call by using the following telephone numbers: North America Toll-Free: 1-800-990-4777 Local: 289-819-1299 (Toronto) or 514-400-3794 (Montreal) RapidConnect URL: A replay of the conference call will be available until Thursday, August 14, 2025, by dialing: North America Toll-Free: 1-888 660 6345 Local: 289-819-1450 (Toronto) Confirmation number: 28072# SOURCE GDI Integrated Facility Services Inc.
Daily Mail
22-07-2025
- Politics
- Daily Mail
Fears frail and elderly British couple arrested by the Taliban without charge could die in custody, anguished family say
The children of an unwell elderly British couple imprisoned by the Taliban without charge said they fear their parents will die in custody if they are not released soon. UN human rights experts also remain deeply concerned by the plight of Peter and Barbie Reynolds, who have spent months in 'degrading' high security Afghan prisons, largely away from each other, unaware of what they have done wrong. No charges have been issued - nor any explanation given - for why the pair were arrested on February 1, along with their local interpreter and a visiting Chinese-American friend, Faye Hall. They were detained after flying in a small plane from Kabul to an airstrip near their home in the central province of Bamiyan, known for its giant Buddha statues, which were blown up by the previous Taliban regime. The couple, who have been married for 55 years, have a history of health issues but remain held by the General Directorate of Intelligence (GDI) in Kabul, and are said to be sleeping on mattresses on the floor. Mr Reynolds, 80, has had heart conditions and is said to be in urgent need of medical care, while his wife, 76, is anaemic and has frequently collapsed since being detained. They have lived in Afghanistan for the last 18 years after founding a research and training business. The Reynolds' four grown-up children, who live in the UK and the US, have now renewed calls for their release. The quartet said: 'This is another urgent plea to the Taliban to release our parents before it is too late, and they die in their custody. 'They have dedicated their lives to the people of Afghanistan for the last 18 years.' Five UN experts, who specialise in reporting on torture, treatment and punishments, including in Afghanistan, added: 'We see no reason why this older couple should be detained at all, and have requested an immediate review of the grounds of their detention. 'It is inhumane to keep them locked up in such degrading conditions and more worrying when their health is so fragile.' In their last message to their children, Mrs Reynolds said that her husband urgently needed to be transported to a hospital in Dubai or the UK where he could receive the medical care he so desperately needs. The Reynolds' children said they had written privately to the Taliban leadership twice and made public appeals for the release of their parents. Their daughter Sarah Entwistle said the siblings had held off from making a public appeal during the last two months in the hope it would encourage the Taliban to release their parents, but that there had been no progress. She said they had privately pleaded with the Taliban 'to uphold their beliefs of compassion, mercy, fairness and human dignity,' adding: 'We do so again now publicly.' The couple moved to Afghanistan after falling in love with the country when they travelled there as students at Bath University. Mr Reynolds has also pleaded with his family not to pay any ransom and demanded the Taliban apologise for detaining them. 'No money should be paid in hush money or hostage money, it doesn't solve anything if millions of dollars are paid,' he said in calls from prison which were shared with The Sunday Times. 'This government needs to face up to the fact it has made a mistake, it has done wrong.' After taking power, the Taliban introduced a ban on women working and education for girls older than 12. The couple, who married in Afghanistan in 1970, were held at the Pul-e-Charkhi prison in the capital, Kabul, until eight weeks ago. They were then transferred to the GDI and promised they would be released within two to three days - but to no avail. Friend Ms Hall was released from Taliban jail at the end of March after the Trump administration lifted huge bounties from the heads of senior Taliban figures. However, the local interpreter and the Reynolds remain in custody. While in Pul-e-Charkhi prison, the couple were said to have had access to phones and called their children every day from the prison yard. The children said their parents had better conditions at the GDI but still had no bed or furniture and slept on a mattress on the floor. A Foreign Office spokesman said: 'We are supporting the family of two British nationals who are detained in Afghanistan.'
NDTV
21-07-2025
- Politics
- NDTV
Elderly UK Couple In Taliban Custody, Family's "Before It's Too Late" Plea
The children of an elderly British couple imprisoned in Afghanistan have implored the Taliban to release their parents, adding their deteriorating health puts them at risk of dying in custody. Peter Reynolds, 80, and his wife, Barbie Reynolds, 76, were arrested by Taliban authorities on February 1 while travelling to their home in Bamyan province, central Afghanistan. The couple have lived in Afghanistan for nearly two decades and have run education and training programmes through their charity. Their children, who live in the UK and the US, say the couple have now been held without charge for five-and-a-half months and are suffering from serious medical conditions. "This is another urgent plea to the Taliban to release our parents before it is too late and they die in their custody. They have dedicated their lives to the people of Afghanistan for the last 18 years," the Reynolds children said, as per The Guardian. They revealed that up until eight weeks ago, Ms Barbie and Mr Peter were being held separately in Pul-e-Charkhi, a maximum-security prison in Kabul, before being transferred to a detention facility operated by the Taliban's General Directorate of Intelligence (GDI). They promised to release them within days. It remains unfulfilled. A remote medical assessment by a cardiologist showed Mr Reynolds may have suffered a stroke or a silent heart attack in detention. Ms Reynolds continues to struggle with numbness in her feet, which has been linked to anaemia, the family reported. The couple, who had their 55th wedding anniversary this week, are reportedly sleeping on mattresses on the floor with no furniture, though their conditions at the GDI are said to be somewhat better than in their previous prison. One of their daughters, Sarah Entwistle, said the family kept quiet until now, hoping to negotiate privately and respecting Taliban processes. "For the past two months, we have maintained a media blackout, hoping to demonstrate our intention to show respect to the Taliban, and 'trust the process'," she said. "The UN will be making a statement on Monday calling for the immediate release. In the light of this, we are also publicly appealing again to the Taliban for this." The last communication the children had with their parents was five weeks ago. UK Foreign Office officials were allowed to visit the couple in detention last Thursday to check on their welfare. The UK government has said it continues to press for their release through diplomatic channels. No formal charges have been announced against the Reynolds. The family said they had previously written privately to the Taliban leadership on two occasions, apart from issuing earlier public appeals. The Taliban earlier said the case was not "anything serious". Interior ministry spokesman Abdul Mateen Qani said that they would be "treated according to sharia", or Islamic law. The United Nations is expected to issue a statement on July 21, calling for the couple's immediate release.
Egypt Independent
12-07-2025
- Business
- Egypt Independent
Egypt and China sign 1st phase of debt-for-development swap program
Minister of Planning, Economic Development and International Cooperation, Rania al-Mashat, and the Chairman of the China International Development Cooperation Agency (CIDCA), Chen Xiaodong on Thursday signed five new cooperation documents aimed at boosting Egyptian-Chinese strategic relations. These include a Memorandum of Understanding for the first development cooperation strategy between the two countries for 2025/2029, and the first phase of the debt-for-development swap program. The documents were signed at the Cabinet headquarters in the New Administrative Capital. The signing was witnessed by Egyptian Prime Minister Mostafa Madbouly, and Premier of the State Council of China, Li Qiang. The two sides signed an MoU on the first development cooperation strategy between Egypt and China from 2025-2029. This aims to promote development cooperation between the two countries in line with Egypt's National Development Strategy 2030 and the Global Development Initiative (GDI). The MoU stipulates enhancing cooperation in priority areas for both sides, including healthcare, connectivity, climate change and green development, digital economy, space, education, and industrial localization, which will serve as an opportunity for joint initiatives, as well as any other areas that the two sides may agree upon during this period. The strategy also encourages exploration of additional projects that align with the GDI and Egypt's Vision 2030, including those that promote green transformation and industrial localization. This initiative builds upon the MoU signed by Mashat during her participation in the GDI meetings in July 2023. The two parties also signed the framework agreement for the first phase of a Debt Swap for Development Program, activating an MoU originally signed in October 2023. Egypt is the first country with which CIDCA has entered into this kind of development financing agreement. The Governor of the Central Bank of Egypt (CBE) Hassan Abdalla also signed a MoU with Governor of the People's Bank of China (PBOC) Pan Gongsheng, on Friday, to boost joint collaboration across various areas of mutual interest between the two banks. The signing ceremony at the Egyptian Cabinet was witnessed by the Egyptian Prime Minister Mostafa Madbouly, and Li Qiang, Premier of the State Council of the People's Republic of China, alongside senior officials from both countries. The MoU aims to promote the use of local currency settlements for cross-border financial and trade transactions, while facilitating direct investments between both sides to foster economic integration. It also includes provisions to strengthen cooperation on Central Bank Digital Currencies (CBDC). Additionally, it supports financial innovation using modern technology through conducting joint research and studies, as well as exchanging technical information and expertise. Abdalla affirmed that 'This MoU reflects the evolution of the historic ties between Egypt and China. It demonstrates both institutions' commitment to strengthening partnerships between their respective financial institutions in light of global economic developments.' Further agreements Mashat also signed the exchange of letters for a feasibility study grant for the national project to develop the prosthetics system, amounting to 1,520,000 Chinese Yuan. This project aims to make Egypt a regional hub in the Middle East and Africa for providing prosthetic limbs and assistive devices for people with disabilities, as well as possessing the manufacturing capability for them according to internationally approved standard specifications. Mashat, and the Chairman of the CIDCA, also signed an MoU on strengthening cooperation in human resources development, complementing the Ministry's role as a national coordinator for the annual training program provided by the Chinese side to the Egyptian government. Through this, the Chinese side will provide up to 2,000 training opportunities for Egypt in bilateral and multilateral training programs during the period from 2025-2027. The two sides also signed exchange of letters for the grant for the establishment of a Level-III Biosafety Laboratory, which will provide a secure environment for research, diagnosis, and the development of control measures for highly hazardous pathogens that require strict containment procedures, such as highly infectious viruses like COVID-19 and its variants.
