Discounted Cash Flow
Extra Space Storage 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 | $991.9m | $366.1m | $539.3m | 36.9% | $2.92 |
| 2017 | $1.1b (11.4%) | $479.0m (30.8%) | $597.4m (10.8%) | 43.3% (17.4%) | $3.79 (29.8%) |
| 2018 | $41.8m (-96.2%) | $415.3m (-13.3%) | $677.8m (13.5%) | 994.5% (2194.2%) | $3.29 (-13.2%) |
| 2019 | $49.9m (19.5%) | $420.0m (1.1%) | $707.7m (4.4%) | 841.8% (-15.4%) | $3.27 (-0.6%) |
| 2020 | $52.1m (4.5%) | $481.8m (14.7%) | $771.2m (9.0%) | 924.2% (9.8%) | $3.71 (13.5%) |
| 2021 | $66.3m (27.1%) | $827.6m (71.8%) | $952.4m (23.5%) | 1249.0% (35.1%) | $6.20 (67.1%) |
| 2022 | $83.9m (26.6%) | $860.7m (4.0%) | $1.2b (27.6%) | 1025.8% (-17.9%) | $6.41 (3.4%) |
| 2023 | $102.0m (21.6%) | $803.2m (-6.7%) | $1.4b (14.1%) | 787.6% (-23.2%) | $4.74 (-26.1%) |
| 2024 | $120.9m (18.5%) | $854.7m (6.4%) | $1.9b (34.7%) | 707.2% (-10.2%) | $4.03 (-15.0%) |
| 2025 | $129.5m (7.1%) | $974.0m (14.0%) | $1.8b (-2.0%) | 752.3% (6.4%) | $4.59 (13.9%) |
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.