Discounted Cash Flow

Bitventures Ltd. ADR

BVC · Based on 10 years of SEC filings · Converted from CNY to USD

DCF estimate unavailable — loss_in_2024

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)
2019 $261.2m $9.1m $17.2m 3.5% $3.69
2020 $246.1m (-5.8%) $15.7m (72.7%) $18.2m (5.4%) 6.4% (83.3%) $6.37 (72.6%)
2021 $277.1m (12.6%) $4.6m (-70.4%) $4.6m (-74.4%) 1.7% (-73.8%) $12.08 (89.6%)
2022 $300.8m (8.5%) $5.4m (16.5%) $29.9m (545.0%) 1.8% (7.3%) $12.63 (4.6%)
2023 $301.3m (0.2%) $2.8m (-48.8%) $2.8m (-90.8%) 0.9% (-48.9%) $0.33 (-97.4%)
2024 $28.0m (-90.7%) $-110.0k (-104.0%) $379.5k (-86.3%) -0.4% (-142.7%) $-0.01 (-103.0%)
2025 $0 (-100.0%) $-794.6k (-622.6%) $-959.6k (-352.9%) $-0.06 (-500.0%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

SEC filings report in CNY. Values above are converted to USD for comparison with the US-listed share price.

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

loss_in_2024

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.