Discounted Cash Flow

Cresud Inc. ADR

CRESY · 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)
2017 $67.9b $-5.2b $16.5b -7.7% $-1.25
2018 $39.0b (-42.6%) $5.4b (203.4%) $16.9b (2.1%) 13.8% (280.2%) $10.86 (968.8%)
2019 $82.7b (112.0%) $-18.7b (-447.7%) $17.9b (5.8%) -22.7% (-264.0%) $-38.34 (-453.0%)
2020 $121.3b (46.7%) $3.9b (121.0%) $35.7b (99.9%) 3.2% (114.3%) $-7.87 (79.5%)
2021 $42.4b (-65.0%) $9.9b (152.6%) $14.6b (-59.2%) 23.4% (622.2%) $-23.84 (-202.9%)
2022 $95.8b (126.0%) $65.0b (554.7%) $-11.3b (-177.7%) 67.8% (189.7%) $4836.78 (20388.5%)
2023 $190.4b (98.6%) $5.5b (-91.6%) $5.5b (148.2%) 2.9% (-95.8%) $3731.35 (-22.9%)
2024 $711.4b (273.6%) $78.5b (1337.5%) $-43.7b (-900.2%) 11.0% (284.8%) $2129.09 (-42.9%)
2025 $914.2b (28.5%) $96.1b (22.5%) $151.3b (446.5%) 10.5% (-4.6%) $1594.61 (-25.1%)

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