Discounted Cash Flow

Array Digital Infrastructure, Inc.

AD · Based on 10 years of SEC filings

DCF estimate unavailable — loss_in_2024

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 $3.9b $48.0m $58.0m 1.2% $0.56
2017 $3.9b (-1.2%) $12.0m (-75.0%) $4.0m (-93.1%) 0.3% (-74.7%) $0.14 (-75.0%)
2018 $3.9b (0.3%) $150.0m (1150.0%) $197.0m (4825.0%) 3.8% (1146.5%) $1.75 (1150.0%)
2019 $3.9b (1.2%) $127.0m (-15.3%) $74.0m (-62.4%) 3.2% (-16.3%) $1.47 (-16.0%)
2020 $4.0b (0.3%) $229.0m (80.3%) $248.0m (235.1%) 5.8% (79.8%) $2.66 (81.0%)
2021 $4.0b (2.0%) $155.0m (-32.3%) $78.0m (-68.5%) 3.8% (-33.6%) $1.80 (-32.3%)
2022 $4.1b (0.9%) $30.0m (-80.6%) $230.0m (194.9%) 0.7% (-80.8%) $0.35 (-80.6%)
2023 $3.8b (-6.6%) $54.0m (80.0%) $258.0m (12.2%) 1.4% (92.8%) $0.64 (82.9%)
2024 $3.7b (-3.6%) $-39.0m (-172.2%) $346.0m (34.1%) -1.1% (-174.9%) $-0.46 (-171.9%)
2025 $163.0m (-95.6%) $48.8m (225.0%) $173.6m (-49.8%) 29.9% (2913.1%) $0.57 (223.9%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

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

loss_in_2024

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