Discounted Cash Flow

Accuray Inc.

ARAY · 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 $398.8m $-25.5m $25.5m -6.4%
2017 $383.4m (-3.9%) $-29.6m (-16.0%) $-5.4m (-121.2%) -7.7% (-20.6%) $-0.36
2018 $404.9m (5.6%) $-23.9m (19.2%) $12.1m (322.8%) -5.9% (23.5%) $-0.28 (22.2%)
2019 $418.8m (3.4%) $-16.4m (31.3%) $-34.0m (-381.6%) -3.9% (33.5%) $-0.19 (32.1%)
2020 $382.9m (-8.6%) $3.8m (123.3%) $-5.0m (85.2%) 1.0% (125.5%) $0.04 (121.1%)
2021 $396.3m (3.5%) $-6.3m (-264.9%) $36.2m (820.0%) -1.6% (-259.3%) $-0.07 (-275.0%)
2022 $429.9m (8.5%) $-5.3m (15.3%) $-7.1m (-119.7%) -1.2% (21.9%) $-0.06 (14.3%)
2023 $447.6m (4.1%) $-9.3m (-73.6%) $2.9m (141.1%) -2.1% (-66.7%) $-0.10 (-66.7%)
2024 $446.6m (-0.2%) $-15.5m (-67.5%) $-15.5m (-630.1%) -3.5% (-67.9%) $-0.16 (-60.0%)
2025 $458.5m (2.7%) $-1.6m (89.8%) $-1.4m (90.9%) -0.3% (90.0%) $-0.02 (87.5%)

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.