Discounted Cash Flow
Equity Residential REIT
—
—
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) |
|---|---|---|---|---|---|
| 2016 | $2.4b | $4.3b | $1.1b | 176.9% | $11.75 |
| 2017 | $2.5b (1.9%) | $603.5m (-85.9%) | $1.3b (13.9%) | 24.4% (-86.2%) | $1.64 (-86.0%) |
| 2018 | $2.6b (4.3%) | $657.5m (9.0%) | $1.4b (7.2%) | 25.5% (4.4%) | $1.78 (8.5%) |
| 2019 | $2.7b (4.8%) | $970.4m (47.6%) | $1.5b (7.4%) | 35.9% (40.9%) | $2.61 (46.6%) |
| 2020 | — | $913.6m (-5.8%) | $1.3b (-13.1%) | — | $2.45 (-6.1%) |
| 2021 | — | $1.3b (45.9%) | $1.3b (-0.4%) | — | $3.56 (45.3%) |
| 2022 | — | $776.9m (-41.7%) | $1.2b (-3.0%) | — | $2.06 (-42.1%) |
| 2023 | — | $835.4m (7.5%) | $1.2b (-1.9%) | — | $2.20 (6.8%) |
| 2024 | — | $1.0b (24.0%) | $1.3b (4.6%) | — | $2.73 (24.1%) |
| 2025 | — | $1.1b (8.1%) | $1.3b (2.8%) | — | $2.95 (8.1%) |
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.