Discounted Cash Flow

Iqiyi, Inc. ADR

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

DCF estimate unavailable — only_2_profitable_out_of_10

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)
2016 $11.2b $-454.9m $386.6m -4.0% $-23.20
2017 $17.4b (54.6%) $-553.0m (-21.6%) $442.4m (14.4%) -3.2% (21.4%) $0.30 (101.3%)
2018 $3.6b (-79.1%) $-196.1m (64.5%) $413.7m (-6.5%) -5.4% (-69.5%) $-7.29 (-2530.0%)
2019 $4.2b (14.6%) $-219.5m (-11.9%) $562.4m (35.9%) -5.3% (2.3%) $-6.06 (16.9%)
2020 $4.6b (9.3%) $-159.6m (27.3%) $-806.3m (-243.4%) -3.5% (33.5%) $-4.08 (32.7%)
2021 $4.8b (5.3%) $-143.3m (10.2%) $-886.9m (-10.0%) -3.0% (14.8%) $-3.33 (18.4%)
2022 $4.2b (-12.3%) $-2.9m (98.0%) $-14.2m (98.4%) -0.1% (97.7%) $-0.06 (98.2%)
2023 $4.5b (6.8%) $40.1m (1473.2%) $40.1m (383.0%) 0.9% (1386.1%) $0.87 (1550.0%)
2024 $4.0b (-10.8%) $15.5m (-61.4%) $15.5m (-61.4%) 0.4% (-56.7%) $0.33 (-62.1%)
2025 $3.9b (-2.5%) $-4.4m (-128.2%) $13.6m (-12.0%) -0.1% (-128.9%) $-0.09 (-127.3%)

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

only_2_profitable_out_of_10

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