Discounted Cash Flow

Intchains Group Ltd. ADR

ICG · Based on 10 years of SEC filings · Converted from CNY to USD

DCF estimate unavailable — loss_in_2025

Average annual growth rates

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

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)
2020 $279.0m $1.2m $2.3m 0.4% $0.08
2021 $631.8m (126.5%) $66.6m (5358.3%) $58.3m (2467.0%) 10.5% (2310.3%) $4.46 (5475.0%)
2022 $68.7m (-89.1%) $7.6m (-88.6%) $48.3m (-17.2%) 11.1% (5.2%) $0.44 (-90.1%)
2023 $11.6m (-83.1%) $-558.8k (-107.3%) $-1.7m (-103.5%) -4.8% (-143.5%) $-0.03 (-106.8%)
2024 $46.9m (304.9%) $1.0m (286.8%) $1.0m (162.4%) 2.2% (146.1%) $0.06 (300.0%)
2025 $31.6m (-32.7%) $-1.0m (-196.4%) $131.9k (-87.4%) -3.2% (-243.1%) $-0.06 (-200.0%)
2026 $477.4m (1411.5%) $-5.6m (-452.5%) $3.6m (2639.6%) -1.2% (63.4%) $-0.40 (-566.7%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

SEC filings report in CNY. Values above are converted to USD for comparison with the US-listed share price.

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

loss_in_2025

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