Discounted Cash Flow

Cameco Corp. Foreign

CCJ · 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)
2016 $2.4b $-61.6m $102.6m -2.5% $-0.16
2017 $2.2b (-11.3%) $-204.9m (-232.6%) $596.0m (480.8%) -9.5% (-275.0%) $-0.52 (-225.0%)
2018 $2.1b (-3.0%) $166.3m (181.2%) $667.5m (12.0%) 8.0% (183.7%) $0.42 (180.8%)
2019 $1.9b (-10.9%) $74.0m (-55.5%) $527.0m (-21.0%) 4.0% (-50.0%) $0.19 (-54.8%)
2020 $1.8b (-3.4%) $-53.2m (-171.8%) $56.9m (-89.2%) -3.0% (-174.4%) $-0.13 (-168.4%)
2021 $1.5b (-18.1%) $-102.6m (-92.9%) $458.3m (705.6%) -7.0% (-135.4%) $-0.26 (-100.0%)
2022 $1.9b (26.6%) $89.4m (187.1%) $161.2m (-64.8%) 4.8% (168.8%) $0.22 (184.6%)
2023 $2.6b (38.5%) $360.8m (303.7%) $534.5m (231.7%) 13.9% (191.4%) $0.83 (277.3%)
2024 $3.1b (21.2%) $171.9m (-52.4%) $693.7m (29.8%) 5.5% (-60.7%) $0.40 (-51.8%)
2025 $3.5b (11.0%) $589.6m (243.1%) $1.1b (55.0%) 16.9% (209.0%) $1.35 (237.5%)

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