Discounted Cash Flow

DHT Holdings, Inc. Foreign

DHT · 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 $66.0k $9.3m 14030.3% $0.10
2017 $355.1m (537857.6%) $6.6m (-28.7%) 1.9% (-100.0%) $0.05 (-50.0%)
2018 $375.9m (5.9%) $-46.9m (-810.8%) -12.5% (-771.3%) $-0.33 (-760.0%)
2019 $535.1m (42.3%) $73.7m (257.0%) $156.0m 13.8% (210.3%) $0.51 (254.5%)
2020 $691.0m (29.1%) $266.3m (261.4%) $529.9m (239.8%) 38.5% (179.8%) $1.71 (235.3%)
2021 $295.9m (-57.2%) $-11.5m (-104.3%) $60.6m (-88.6%) -3.9% (-110.1%) $-0.07 (-104.1%)
2022 $454.1m (53.5%) $61.5m (634.0%) $117.8m (94.4%) 13.5% (447.9%) $0.37 (628.6%)
2023 $560.6m (23.4%) $161.4m (162.3%) $123.2m (4.6%) 28.8% (112.5%) $0.99 (167.6%)
2024 $571.8m (2.0%) $181.4m (12.4%) $201.6m (63.7%) 31.7% (10.2%) $1.12 (13.1%)
2025 $498.4m (-12.8%) $211.1m (16.4%) $-33.3m (-116.5%) 42.4% (33.5%) $1.31 (17.0%)

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