Discounted Cash Flow
Apartment Investment & Management Co. REIT
—
—
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) |
|---|---|---|---|---|---|
| 2016 | $995.9m | $430.4m | $377.7m | 43.2% | $2.68 |
| 2017 | $1.0b (1.0%) | $315.8m (-26.6%) | $394.1m (4.3%) | 31.4% (-27.3%) | $1.96 (-26.9%) |
| 2018 | $972.4m (-3.3%) | $666.2m (111.0%) | $396.4m (0.6%) | 68.5% (118.1%) | $4.21 (114.8%) |
| 2019 | $914.3m (-6.0%) | $474.1m (-28.8%) | $374.5m (-5.5%) | 51.9% (-24.3%) | $3.16 (-24.9%) |
| 2020 | $151.5m (-83.4%) | $-5.0m (-101.1%) | $47.8m (-87.2%) | -3.3% (-106.4%) | $-0.03 (-100.9%) |
| 2021 | $169.8m (12.1%) | $-5.9m (-17.2%) | $12.6m (-73.7%) | -3.5% (-4.5%) | $-0.04 (-33.3%) |
| 2022 | $190.3m (12.1%) | $74.6m (1362.9%) | $-33.3m (-364.5%) | 39.2% (1226.9%) | $0.50 (1350.0%) |
| 2023 | $187.0m (-1.8%) | $-166.2m (-322.7%) | $-222.0m (-566.9%) | -88.9% (-326.7%) | $-1.16 (-332.0%) |
| 2024 | $208.7m (11.6%) | $-104.0m (37.4%) | $-113.0m (49.1%) | -49.8% (43.9%) | $-0.75 (35.3%) |
| 2025 | $138.5m (-33.6%) | $547.2m (626.2%) | $-91.5m (19.0%) | 395.1% (892.9%) | $3.95 (626.7%) |
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.