Discounted Cash Flow

Codere Online Luxembourg, S.A. Foreign

CDRO · 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)
2019 $61.6m $-16.1m $-1.3m -26.2% $-3.63
2020 $70.5m (14.5%) $-14.8m (8.5%) $3.8m (388.6%) -20.9% (20.1%) $-3.65 (-0.6%)
2021 $80.3m (13.8%) $-67.0m (-354.0%) $-5.3m (-238.7%) -83.5% (-298.8%) $-10.18 (-178.9%)
2022 $115.7m (44.2%) $-43.4m (35.2%) $-42.5m (-706.5%) -37.5% (55.1%) $-1.03 (89.9%)
2023 $161.6m (39.7%) $-8.9m (79.4%) $-11.8m (72.2%) -5.5% (85.3%) $-0.05 (95.1%)
2024 $200.7m (24.2%) $3.9m (143.8%) $3.7m (131.2%) 1.9% (135.3%) $0.08 (260.0%)
2025 $210.4m (4.8%) $3.3m (-15.3%) $16.4m (345.4%) 1.6% (-19.2%) $0.03 (-62.5%)

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