Discounted Cash Flow

51talk Online Education Group ADR

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

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 $60.2m $-11.0m $3.5m -18.2%
2017 $130.3m (116.3%) $-13.2m (-20.4%) $7.3m (112.3%) -10.1% (44.3%)
2018 $166.6m (27.8%) $-9.0m (32.1%) $4.0m (-45.2%) -5.4% (46.9%)
2019 $212.4m (27.5%) $-2.2m (75.2%) $-2.2m (-155.1%) -1.0% (80.6%)
2020 $314.8m (48.2%) $3.3m (250.2%) $3.3m (250.2%) 1.1% (201.3%) $0.07
2021 $342.3m (8.7%) $2.8m (-16.0%) $2.8m (-16.0%) 0.8% (-22.7%) $0.06 (-14.3%)
2022 $15.0m (-95.6%) $-6.3m (-324.9%) $-6.8m (-341.6%) -41.9% (-5216.7%)
2023 $27.1m (80.2%) $-2.2m (64.7%) $40.3k (100.6%) -8.2% (80.4%)
2024 $50.7m (87.0%) $-1.1m (51.9%) $817.5k (1930.9%) -2.1% (74.3%)
2025 $95.6m (88.6%) $-2.5m (-132.3%) $1.4m (72.3%) -2.6% (-23.2%) $-0.05

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

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.