Discounted Cash Flow

Clearwater Analytics Holdings, Inc.

CWAN · Based on 10 years of SEC filings

DCF estimate unavailable — loss_in_2025

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 $168.0m $7.7m $7.7m 4.6%
2020 $203.2m (21.0%) $-44.2m (-672.0%) $-7.0m (-190.2%) -21.8% (-572.9%)
2021 $252.0m (24.0%) $119.0k (100.3%) $3.0m (143.5%) 0.0% (100.2%) $-0.05
2022 $303.4m (20.4%) $1.3m (968.9%) $57.7m (1799.0%) 0.4% (787.8%) $-0.04 (20.8%)
2023 $368.2m (21.3%) $-1.5m (-214.5%) $84.2m (46.0%) -0.4% (-194.3%) $-0.12 (-220.4%)
2024 $451.8m (22.7%) $3.2m (320.3%) $74.3m (-11.7%) 0.7% (279.5%) $1.95 (1786.6%)
2025 $731.4m (61.9%) $-1.4m (-145.1%) $175.7m (136.5%) -0.2% (-127.9%) $-0.15 (-107.6%)

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

loss_in_2025

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