Discounted Cash Flow

Energy Co. of Parana ADR

ELPC · 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 $13.1b $1.4b $192.4m 10.6%
2017 $14.0b (7.0%) $1.4b (-0.1%) $-216.3m (-212.4%) 9.9% (-6.7%)
2018 $14.9b (6.5%) $2.0b (40.4%) $281.9m (230.3%) 13.1% (31.9%)
2019 $16.2b (8.8%) $2.7b (38.1%) $2.4b (752.0%) 16.6% (27.0%)
2020 $18.6b (14.7%) $5.1b (89.5%) $3.7b (54.7%) 27.5% (65.2%)
2021 $24.0b (28.7%) $5.1b (-0.0%) $3.0b (-17.9%) 21.3% (-22.3%)
2022 $21.9b (-8.6%) $950.2m (-81.4%) $3.4b (10.4%) 4.3% (-79.7%) $1.45
2023 $21.5b (-2.0%) $2.5b (162.0%) $3.3b (-1.6%) 11.6% (167.5%) $2.39 (65.3%)
2024 $22.7b (5.5%) $2.9b (16.8%) $3.3b (-1.7%) 12.8% (10.7%) $2.38 (-0.4%)
2025 $26.1b (15.3%) $3.2b (11.7%) $2.9b (-12.0%) 12.4% (-3.1%) $0.90 (-62.3%)

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