Discounted Cash Flow

Cango Inc. ADR

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

DCF estimate unavailable — loss_in_2025

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 $1.1b $69.3m $85.8m 6.6%
2018 $1.1b (3.7%) $58.6m (-15.5%) $25.2m (-70.6%) 5.4% (-18.5%)
2019 $1.4b (31.9%) $72.2m (23.2%) $56.2m (122.9%) 5.0% (-6.6%)
2020 $2.1b (42.5%) $554.0m (667.3%) $-92.8m (-265.0%) 27.0% (438.4%)
2021 $3.9b (91.1%) $1.8m (-99.7%) $-62.6m (32.5%) 0.0% (-99.8%)
2022 $2.0b (-49.5%) $-129.4m (-7205.1%) $-84.7m (-35.1%) -6.5% (-14169.5%)
2023 $1.7b (-14.1%) $-960 (100.0%) $814.0k (101.0%) -0.0% (100.0%) $0.01
2024 $804.5m (-52.7%) $44.6m (4640824.6%) $-11.9m (-1559.2%) 5.5% (9817686.8%) $0.02 (100.0%)
2025 $688.1m (-14.5%) $-66.9m (-250.1%) $-15.5m (-30.6%) -9.7% (-275.5%) $-1.60 (-8100.0%)

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_2025

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