Discounted Cash Flow

ATA Creativity Global ADR

AACG · Based on 10 years of SEC filings · Converted from CNY to USD

DCF estimate unavailable — only_2_profitable_out_of_10

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $64.7m $3.9m $9.5m 6.0% $0.09
2017 $68.6m (6.1%) $-37.5k (-101.0%) $9.0m (-4.6%) -0.1% (-100.9%) $-0.03 (-133.3%)
2018 $194.7k (-99.7%) $126.5m (337475.3%) $-46.4m (-613.5%) 64987.8% (118925884.1%) $18.25 (60933.3%)
2019 $14.0m (7113.4%) $-18.1m (-114.3%) $-8.6m (81.5%) -128.8% (-100.2%) $-2.52 (-113.8%)
2020 $24.9m (77.0%) $-859.0k (95.3%) $-4.2m (50.7%) -3.5% (97.3%) $-1.57 (37.7%)
2021 $31.7m (27.7%) $-302.9k (64.7%) $-302.9k (92.9%) -1.0% (72.4%) $-0.57 (63.7%)
2022 $30.0m (-5.5%) $-103.8k (65.7%) $-103.8k (65.7%) -0.3% (63.7%) $-0.11 (80.7%)
2023 $31.2m (4.1%) $-7.4k (92.8%) $1.2m (1302.9%) -0.0% (93.1%) $-0.08 (27.3%)
2024 $36.7m (17.7%) $-14 (99.8%) $-901.1k (-172.2%) -0.0% (99.8%) $-0.08 (0.0%)
2025 $38.3m (4.4%) $-4 (69.5%) $2.9m (425.0%) -0.0% (70.8%) $-0.11 (-37.5%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

SEC filings report in CNY. Values above are converted to USD for comparison with the US-listed share price.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

only_2_profitable_out_of_10

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.