Discounted Cash Flow
Docusign, Inc.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2018 | $518.5m | $-52.3m | $36.0m | -10.1% | — |
| 2019 | $701.0m (35.2%) | $-426.5m (-715.8%) | $45.7m (26.7%) | -60.8% (-503.4%) | — |
| 2020 | $974.0m (38.9%) | $-208.4m (51.1%) | $43.6m (-4.4%) | -21.4% (64.8%) | $-1.18 |
| 2021 | $1.5b (49.2%) | $-243.3m (-16.8%) | $214.6m (391.5%) | -16.7% (21.7%) | $-1.31 (-11.0%) |
| 2022 | $2.1b (45.0%) | $-70.0m (71.2%) | $445.1m (107.4%) | -3.3% (80.2%) | $-0.36 (72.5%) |
| 2023 | $2.5b (19.4%) | $-97.5m (-39.3%) | $429.1m (-3.6%) | -3.9% (-16.6%) | $-0.49 (-36.1%) |
| 2024 | $2.8b (9.8%) | $74.0m (175.9%) | $74.0m (-82.8%) | 2.7% (169.2%) | $0.36 (174.0%) |
| 2025 | $3.0b (7.8%) | $1.1b (1343.5%) | $920.3m (1144.0%) | 35.9% (1239.3%) | $5.23 (1341.6%) |
| 2026 | $3.2b (8.2%) | $309.1m (-71.1%) | $1.1b (15.0%) | 9.6% (-73.2%) | $1.53 (-70.7%) |
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): —
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.