Discounted Cash Flow
Goldman Sachs Group Inc.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
| Dividends | — | — | — |
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 | $2.6b | $7.4b | $2.7b | 286.0% | $16.53 |
| 2017 | $2.9b (13.3%) | $4.3b (-42.1%) | $-27.6b (-1124.3%) | 146.2% (-48.9%) | $9.12 (-44.8%) |
| 2018 | $3.8b (28.5%) | $10.5b (144.0%) | $16.6b (160.3%) | 277.6% (89.9%) | $25.53 (179.9%) |
| 2019 | $4.4b (15.8%) | $8.5b (-19.1%) | $-5.9b (-135.5%) | 194.1% (-30.1%) | $21.18 (-17.0%) |
| 2020 | $4.8b (8.9%) | $9.5b (11.7%) | $-62.4b (-956.7%) | 199.1% (2.6%) | $24.94 (17.8%) |
| 2021 | $6.5b (36.2%) | $21.6b (128.7%) | $-39.0b (37.5%) | 334.4% (68.0%) | $60.25 (141.6%) |
| 2022 | $7.7b (18.7%) | $11.3b (-48.0%) | $-51.8b (-32.9%) | 146.7% (-56.1%) | $30.42 (-49.5%) |
| 2023 | $6.4b (-17.3%) | $8.5b (-24.4%) | $-52.8b (-2.0%) | 134.1% (-8.6%) | $23.05 (-24.2%) |
| 2024 | $8.1b (26.8%) | $14.3b (67.6%) | $-15.3b (71.0%) | 177.2% (32.2%) | $41.07 (78.2%) |
| 2025 | $13.6b (68.3%) | $17.2b (20.3%) | $-47.2b (-208.6%) | 126.7% (-28.5%) | $51.95 (26.5%) |
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.