Discounted Cash Flow

Blackberry Ltd.

BB · Based on 10 years of SEC filings

DCF estimate unavailable — only_4_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)
2017 $1.3b $-1.2b $-241.0m -92.1% $-2.30
2018 $932.0m (-28.8%) $405.0m (133.6%) $689.0m (385.9%) 43.5% (147.2%) $0.76 (133.0%)
2019 $904.0m (-3.0%) $93.0m (-77.0%) $83.0m (-88.0%) 10.3% (-76.3%) $0.17 (-77.6%)
2020 $1.0b (15.0%) $-152.0m (-263.4%) $14.0m (-83.1%) -14.6% (-242.1%) $-0.27 (-258.8%)
2021 $893.0m (-14.1%) $-1.1b (-626.3%) $74.0m (428.6%) -123.6% (-745.9%) $-1.97 (-629.6%)
2022 $718.0m (-19.6%) $12.0m (101.1%) $-36.0m (-148.6%) 1.7% (101.4%) $0.02 (101.0%)
2023 $656.0m (-8.6%) $-734.0m (-6216.7%) $-270.0m (-650.0%) -111.9% (-6794.8%) $-1.27 (-6450.0%)
2024 $853.0m (30.0%) $-130.0m (82.3%) $-10.0m (96.3%) -15.2% (86.4%) $-0.22 (82.7%)
2025 $534.9m (-37.3%) $-79.0m (39.2%) $13.4m (234.0%) -14.8% (3.1%) $-0.13 (40.9%)
2026 $549.1m (2.7%) $53.2m (167.3%) $46.5m (247.0%) 9.7% (165.6%) $0.09 (169.2%)

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

only_4_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.