Discounted Cash Flow
Empire State Realty Trust, Inc. 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 | $678.0m | $51.5m | $20.9m | 7.6% | $0.38 |
| 2017 | $712.5m (5.1%) | $62.6m (21.7%) | $-36.7m (-275.6%) | 8.8% (15.9%) | $0.40 (5.3%) |
| 2018 | $731.5m (2.7%) | $65.6m (4.7%) | $22.5m (161.4%) | 9.0% (2.0%) | $0.39 (-2.5%) |
| 2019 | $731.3m (-0.0%) | $49.4m (-24.6%) | $-23.3m (-203.6%) | 6.8% (-24.6%) | $0.28 (-28.2%) |
| 2020 | $609.2m (-16.7%) | $-16.7m (-133.8%) | $78.2m (435.3%) | -2.7% (-140.6%) | $-0.10 (-135.7%) |
| 2021 | $624.1m (2.4%) | $-10.7m (35.9%) | $-10.7m (-113.7%) | -1.7% (37.4%) | $-0.06 (40.0%) |
| 2022 | $727.0m (16.5%) | $36.4m (440.2%) | $125.2m (1269.0%) | 5.0% (392.1%) | $0.22 (466.7%) |
| 2023 | $739.6m (1.7%) | $49.0m (34.6%) | $63.3m (-49.4%) | 6.6% (32.3%) | $0.30 (36.4%) |
| 2024 | $766.8m (3.7%) | $47.4m (-3.3%) | $260.9m (311.9%) | 6.2% (-6.7%) | $0.29 (-3.3%) |
| 2025 | $766.8m (0.0%) | $43.4m (-8.5%) | $249.1m (-4.5%) | 5.7% (-8.5%) | $0.26 (-10.3%) |
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): —
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.