Discounted Cash Flow
CBL & Associates Properties Inc.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $1.0b | $172.9m | — | 16.8% | $0.75 |
| 2017 | $927.3m (-9.8%) | $120.9m (-30.0%) | — | 13.0% (-22.4%) | $0.44 (-41.3%) |
| 2018 | $25.3m (-97.3%) | $-78.6m (-165.0%) | — | -311.0% (-2484.5%) | $-0.72 (-263.6%) |
| 2019 | $25.2m (-0.3%) | $-108.8m (-38.4%) | $273.4m | -431.8% (-38.8%) | $-0.89 (-23.6%) |
| 2020 | $18.5m (-26.4%) | $-295.1m (-171.3%) | $133.4m (-51.2%) | -1591.5% (-268.6%) | $-1.75 (-96.6%) |
| 2021 | $13.8m (-25.8%) | $-470.6m (-59.5%) | $107.1m (-19.7%) | -3421.5% (-115.0%) | $-2.39 (-36.6%) |
| 2022 | $17.9m (29.8%) | $-93.5m (80.1%) | $208.2m (94.5%) | -523.7% (84.7%) | $-3.20 (-33.9%) |
| 2023 | $18.9m (5.8%) | $6.5m (107.0%) | $6.5m (-96.9%) | 34.7% (106.6%) | $0.17 (105.3%) |
| 2024 | $18.6m (-1.6%) | $59.0m (800.9%) | $202.2m (2989.3%) | 317.5% (815.7%) | $1.87 (1000.0%) |
| 2025 | $16.2m (-12.5%) | $136.0m (130.6%) | $249.7m (23.5%) | 837.1% (163.6%) | $4.41 (135.8%) |
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): —
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.