Discounted Cash Flow

China Automotive Systems, Inc. Foreign

CAAS · Based on 10 years of SEC filings

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 $83.1m $1.0m $1.0m 1.3% $0.68
2018 $100.1m (20.4%) $-0 (-100.0%) $-15.3m (-1560.6%) -0.0% (-100.0%) $0.36 (-47.1%)
2019 $85.0m (-15.0%) $-5.2m $-541.0k (96.5%) -6.1% $-0.36 (-200.0%)
2020 $65.5m (-23.0%) $-15.7m (-204.6%) $-4.3m (-702.2%) -24.0% (-295.7%) $-1.11 (-208.3%)
2021 $85.2m (30.2%) $1.5m (109.6%) $-9.0m (-106.8%) 1.8% (107.4%) $0.11 (109.9%)
2022 $106.3m (24.8%) $17.4m (1051.7%) $4.1m (145.3%) 16.3% (823.1%) $1.24 (1027.3%)
2023 $0 (-100.0%) $5.0m (-70.9%) $1.7m (-58.9%) $1.42 (14.2%)
2024 $542.2k $7.9m (56.4%) $-33.9m (-2127.5%) 1456.6% $1.26 (-11.3%)
2025 $79.4m (14538.3%) $9.1m (14.9%) $74.4m (319.7%) 11.4% (-99.2%) $1.72 (37.0%)

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