Discounted Cash Flow

Archer-daniels-midland Co.

ADM · Based on 10 years of SEC filings

DCF estimate unavailable — no_upward_trend_net_income_yr1_2709000000.0_gte_yrN_1078000000.0_window_5

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 $62.3b $1.3b $593.0m 2.1% $2.18
2017 $60.8b (-2.4%) $1.6b (24.7%) $1.2b (96.0%) 2.6% (27.8%) $2.80 (28.4%)
2018 $64.3b (5.8%) $1.8b (13.5%) $-5.6b (-584.2%) 2.8% (7.3%) $3.21 (14.6%)
2019 $64.7b (0.5%) $1.4b (-23.8%) $-455.0m (91.9%) 2.1% (-24.2%) $2.45 (-23.7%)
2020 $64.4b (-0.5%) $1.8b (28.5%) $-478.0m (-5.1%) 2.8% (29.1%) $3.16 (29.0%)
2021 $85.2b (32.5%) $2.7b (52.9%) $-893.0m (-86.8%) 3.2% (15.4%) $4.80 (51.9%)
2022 $101.6b (19.1%) $4.3b (60.2%) $2.2b (341.8%) 4.3% (34.5%) $7.72 (60.8%)
2023 $93.9b (-7.5%) $3.5b (-19.7%) $3.0b (37.4%) 3.7% (-13.2%) $6.44 (-16.6%)
2024 $85.5b (-8.9%) $1.8b (-48.3%) $1.2b (-58.6%) 2.1% (-43.2%) $3.66 (-43.2%)
2025 $80.3b (-6.2%) $1.1b (-40.1%) $4.2b (242.6%) 1.3% (-36.2%) $2.23 (-39.1%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Values abbreviated: b = billions, m = millions, k = thousands.

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

no_upward_trend_net_income_yr1_2709000000.0_gte_yrN_1078000000.0_window_5

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