Discounted Cash Flow

Chegg, Inc.

CHGG · Based on 10 years of SEC filings

DCF estimate unavailable — only_2_profitable_out_of_10

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 $254.1m $-42.2m $249.0k -16.6%
2017 $255.1m (0.4%) $-20.3m (52.0%) $25.0m (9942.6%) -8.0% (52.2%)
2018 $321.1m (25.9%) $-14.9m (26.6%) $43.9m (75.5%) -4.6% (41.7%)
2019 $410.9m (28.0%) $-9.6m (35.5%) $71.1m (61.9%) -2.3% (49.6%) $-0.08
2020 $644.3m (56.8%) $-6.2m (35.2%) $155.1m (118.2%) -1.0% (58.7%) $-0.05 (37.5%)
2021 $776.3m (20.5%) $-1.5m (76.6%) $179.0m (15.4%) -0.2% (80.5%) $-0.01 (80.0%)
2022 $766.9m (-1.2%) $266.6m (18387.9%) $152.6m (-14.7%) 34.8% (18611.3%) $2.09 (21000.0%)
2023 $716.3m (-6.6%) $18.2m (-93.2%) $163.1m (6.9%) 2.5% (-92.7%) $0.16 (-92.3%)
2024 $617.6m (-13.8%) $-837.1m (-4704.3%) $50.3m (-69.2%) -135.5% (-5440.4%) $-8.10 (-5162.5%)
2025 $376.9m (-39.0%) $-103.4m (87.6%) $-12.6m (-125.1%) -27.4% (79.8%) $-0.96 (88.1%)

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

only_2_profitable_out_of_10

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