Discounted Cash Flow

Glaukos Corp.

GKOS · 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 $114.4m $4.5m $6.0m 4.0% $0.14
2017 $159.3m (39.2%) $-92.0k (-102.0%) $19.2m (218.3%) -0.1% (-101.5%) $0.00 (-100.0%)
2018 $181.3m (13.8%) $-13.0m (-13977.2%) $8.5m (-55.5%) -7.1% (-12266.9%) $-0.37
2019 $237.0m (30.7%) $15.4m (219.1%) $-5.1m (-159.6%) 6.5% (191.1%) $0.41 (210.8%)
2020 $225.0m (-5.1%) $-120.3m (-880.3%) $-29.9m (-487.5%) -53.5% (-922.0%) $-2.70 (-758.5%)
2021 $294.0m (30.7%) $-49.6m (58.8%) $-23.1m (22.9%) -16.9% (68.5%) $-1.07 (60.4%)
2022 $282.9m (-3.8%) $-99.2m (-100.0%) $-63.3m (-174.5%) -35.1% (-107.9%) $-2.09 (-95.3%)
2023 $314.7m (11.3%) $-134.7m (-35.8%) $-78.0m (-23.1%) -42.8% (-22.0%) $-2.78 (-33.0%)
2024 $383.5m (21.9%) $-146.4m (-8.7%) $-67.6m (13.3%) -38.2% (10.8%) $-2.77 (0.4%)
2025 $507.4m (32.3%) $-187.7m (-28.2%) $-22.5m (66.8%) -37.0% (3.1%) $-3.28 (-18.4%)

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.