Discounted Cash Flow

Geron Corp.

GERN · Based on 10 years of SEC filings

DCF estimate unavailable — No positive free cash flow in recent history — company has not generated positive FCF

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

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 $6.2m $-29.5m $-18.4m -479.3% $-0.19
2017 $1.1m (-82.7%) $-27.9m (5.5%) $-20.6m (-11.6%) -2621.2% (-446.8%) $-0.18 (5.3%)
2018 $1.1m (0.1%) $-27.0m (3.2%) $-21.0m (-2.3%) -2534.4% (3.3%)
2019 $460.0k (-56.8%) $-68.5m (-153.7%) $-44.2m (-110.4%) -14901.7% (-488.0%)
2020 $253.0k (-45.0%) $-75.6m (-10.3%) $-67.1m (-51.6%) -29888.1% (-100.6%) $-0.28
2021 $1.4m (450.6%) $-116.1m (-53.6%) $-95.8m (-42.8%) -8335.4% (72.1%) $-0.35 (-25.0%)
2022 $596.0k (-57.2%) $-141.9m (-22.2%) $-127.8m (-33.5%) -23808.9% (-185.6%) $-0.37 (-5.7%)
2023 $237.0k (-60.2%) $-184.1m (-29.8%) $-168.6m (-31.9%) -77690.7% (-226.3%) $-0.32 (13.5%)
2024 $140.6m (59210.5%) $-174.6m (5.2%) $-219.3m (-30.1%) -124.2% (99.8%) $-0.27 (15.6%)
2025 $328.0m (133.4%) $-83.5m (52.2%) $-111.1m (49.3%) -25.5% (79.5%) $-0.13 (51.9%)

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):

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

No positive free cash flow in recent history — company has not generated positive FCF

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.