Discounted Cash Flow
Affirm Holdings, Inc.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2019 | $264.4m | $-120.5m | $-107.1m | -45.6% | $-2.54 |
| 2020 | $509.5m (92.7%) | $-112.6m (6.5%) | $-92.3m (13.8%) | -22.1% (51.5%) | $-2.35 (7.5%) |
| 2021 | $870.5m (70.8%) | $-430.9m (-282.7%) | $-213.4m (-131.1%) | -49.5% (-124.0%) | $-2.72 (-15.6%) |
| 2022 | $1.3b (55.0%) | $-707.4m (-64.2%) | $-248.5m (-16.5%) | -52.4% (-5.9%) | $-2.51 (7.7%) |
| 2023 | $1.6b (17.7%) | $-985.3m (-39.3%) | $-108.6m (56.3%) | -62.1% (-18.4%) | $-3.34 (-32.9%) |
| 2024 | $2.3b (46.3%) | $-517.8m (47.5%) | $290.8m (367.8%) | -22.3% (64.1%) | $-1.67 (49.9%) |
| 2025 | $3.2b (38.8%) | $52.2m (110.1%) | $52.2m (-82.1%) | 1.6% (107.3%) | $0.16 (109.7%) |
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): —
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.