Discounted Cash Flow

Guardant Health, Inc.

GH · 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 $313.2k $-410.4k $-1.8m -131.0% $-0.15
2017 $49.8m (15812.3%) $-83.2m (-20175.9%) $-78.9m (-4271.4%) -167.0% (-27.4%)
2018 $90.6m (81.9%) $-85.1m (-2.2%) $-92.4m (-17.1%) -93.8% (43.8%)
2019 $214.4m (136.5%) $-75.7m (11.1%) $-65.9m (28.7%) -35.3% (62.4%) $-0.84
2020 $286.7m (33.8%) $-246.3m (-225.6%) $-140.1m (-112.8%) -85.9% (-143.4%) $-2.60 (-209.5%)
2021 $373.7m (30.3%) $-384.8m (-56.2%) $-284.1m (-102.7%) -103.0% (-19.9%) $-4.00 (-53.8%)
2022 $449.5m (20.3%) $-654.6m (-70.1%) $-386.9m (-36.2%) -145.6% (-41.4%) $-6.41 (-60.2%)
2023 $563.9m (25.5%) $-479.4m (26.8%) $-345.5m (10.7%) -85.0% (41.6%) $-4.28 (33.2%)
2024 $739.0m (31.0%) $-436.4m (9.0%) $-274.9m (20.4%) -59.0% (30.5%) $-3.56 (16.8%)
2025 $982.0m (32.9%) $-416.3m (4.6%) $-233.1m (15.2%) -42.4% (28.2%) $-3.32 (6.7%)

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.