Discounted Cash Flow

Appian Corp.

APPN · Based on 10 years of SEC filings

DCF estimate unavailable — only_1_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 $132.9m $-12.5m $-8.7m -9.4% $-0.39
2017 $176.7m (33.0%) $-31.0m (-148.8%) $-9.6m (-9.4%) -17.5% (-87.1%) $-0.63 (-61.5%)
2018 $226.7m (28.3%) $-49.5m (-59.5%) $-38.3m (-301.0%) -21.8% (-24.3%) $-0.80 (-27.0%)
2019 $260.4m (14.8%) $-50.7m (-2.6%) $-41.3m (-7.9%) -19.5% (10.7%) $-0.77 (3.8%)
2020 $304.6m (17.0%) $-33.5m (34.0%) $-8.9m (78.5%) -11.0% (43.6%) $-0.48 (37.7%)
2021 $369.3m (21.2%) $-88.6m (-164.8%) $-60.0m (-576.1%) -24.0% (-118.4%) $-1.25 (-160.4%)
2022 $468.0m (26.7%) $-150.9m (-70.3%) $-115.6m (-92.8%) -32.2% (-34.3%) $-2.08 (-66.4%)
2023 $545.4m (16.5%) $-111.4m (26.2%) $-120.1m (-3.8%) -20.4% (36.6%) $-1.52 (26.9%)
2024 $617.0m (13.1%) $-92.3m (17.2%) $3.1m (102.6%) -15.0% (26.8%) $-1.26 (17.1%)
2025 $726.9m (17.8%) $1.2m (101.3%) $59.6m (1833.6%) 0.2% (101.1%) $0.02 (101.6%)

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

only_1_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.