Discounted Cash Flow

Datadog, Inc.

DDOG · 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
2017 $100.8m $-2.6m $11.5m -2.6%
2018 $198.1m (96.6%) $-10.8m (-318.8%) $1.2m (-89.8%) -5.4% (-113.0%) $-0.15
2019 $362.8m (83.2%) $-16.7m (-55.3%) $10.9m (835.6%) -4.6% (15.2%)
2020 $603.5m (66.3%) $-24.5m (-46.9%) $103.7m (849.5%) -4.1% (11.7%)
2021 $1.0b (70.5%) $-20.7m (15.5%) $-20.7m (-120.0%) -2.0% (50.4%) $-0.07
2022 $1.7b (62.8%) $-50.2m (-141.8%) $383.1m (1946.9%) -3.0% (-48.5%) $-0.16 (-128.6%)
2023 $2.1b (27.1%) $48.6m (196.8%) $48.6m (-87.3%) 2.3% (176.2%) $0.15 (193.8%)
2024 $2.7b (26.1%) $183.7m (278.3%) $835.9m (1621.1%) 6.8% (200.0%) $0.55 (266.7%)
2025 $3.4b (27.7%) $107.7m (-41.4%) $1.0b (19.7%) 3.1% (-54.1%) $0.31 (-43.6%)

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