Discounted Cash Flow

Camden Property Trust REIT

CPT · 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 $819.8m $443.1m $9.08
2017 $196.4m (-76.0%) $434.7m (-1.9%) $2.14 (-76.4%)
2018 $954.5m $156.1m (-20.5%) $503.7m (15.9%) 16.4% $1.63 (-23.8%)
2019 $8.7m (-99.1%) $219.6m (40.7%) $555.6m (10.3%) 2525.6% (15340.3%) $2.23 (36.8%)
2020 $10.8m (24.2%) $123.9m (-43.6%) $519.3m (-6.5%) 1147.3% (-54.6%) $1.24 (-44.4%)
2021 $10.5m (-2.5%) $303.9m (145.3%) $577.5m (11.2%) 2885.6% (151.5%) $2.97 (139.5%)
2022 $5.2m (-50.7%) $653.6m (115.1%) $295.3m (-48.9%) 12598.6% (336.6%) $6.07 (104.4%)
2023 $3.5m (-33.5%) $403.3m (-38.3%) $384.0m (30.1%) 11686.7% (-7.2%) $3.71 (-38.9%)
2024 $7.1m (106.8%) $163.3m (-59.5%) $381.1m (-0.7%) 2288.0% (-80.4%) $1.50 (-59.6%)
2025 $13.0m (81.7%) $384.5m (135.4%) $386.2m (1.3%) 2964.9% (29.6%) $3.54 (136.0%)

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