Discounted Cash Flow
Incyte Corp.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
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 | $1.1b | $104.2m | $184.5m | 9.4% | $0.55 |
| 2017 | $1.5b (38.9%) | $-313.1m (-400.5%) | $-204.0m (-210.6%) | -20.4% (-316.3%) | $-1.53 (-378.2%) |
| 2018 | $1.9b (22.5%) | $109.5m (135.0%) | $262.7m (228.8%) | 5.8% (128.5%) | $0.52 (134.0%) |
| 2019 | $2.2b (14.7%) | $446.9m (308.2%) | $632.6m (140.8%) | 20.7% (255.8%) | $2.08 (300.0%) |
| 2020 | $2.7b (23.5%) | $-295.7m (-166.2%) | $-312.0m (-149.3%) | -11.1% (-153.6%) | $-1.36 (-165.4%) |
| 2021 | $3.0b (12.0%) | $948.6m (420.8%) | $568.5m (282.2%) | 31.8% (386.5%) | $4.30 (416.2%) |
| 2022 | $3.4b (13.7%) | $340.7m (-64.1%) | $892.1m (56.9%) | 10.0% (-68.4%) | $1.53 (-64.4%) |
| 2023 | $3.7b (8.9%) | $597.6m (75.4%) | $449.0m (-49.7%) | 16.2% (61.1%) | $2.67 (74.5%) |
| 2024 | $4.2b (14.8%) | $32.6m (-94.5%) | $235.2m (-47.6%) | 0.8% (-95.2%) | $0.16 (-94.0%) |
| 2025 | $5.1b (21.2%) | $1.3b (3845.0%) | $1.3b (465.4%) | 25.0% (3154.4%) | $6.59 (4018.8%) |
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.