Discounted Cash Flow

Kinetik Holdings Inc.

KNTK · Based on 10 years of SEC filings

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
2017 $0 $-187.1k $-865.8k $-0.30
2018 $78.4m $4.1m (2317.4%) $4.1m (579.2%) 5.3% $-0.03 (90.0%)
2019 $135.8m (73.3%) $-1.0b (-24396.0%) $-266.4m (-6520.3%) -742.3% (-14119.2%) $-4.93 (-16333.3%)
2020 $148.4m (9.3%) $1.6m (100.2%) $1.6m (100.6%) 1.1% (100.1%) $0.42 (108.5%)
2021 $160.6m (8.2%) $-13.9m (-976.4%) $131.7m (8177.1%) -8.7% (-909.8%) $-3.72 (-985.7%)
2022 $1.2b (655.5%) $40.7m (392.1%) $406.8m (208.9%) 3.4% (138.7%) $1.48 (139.8%)
2023 $1.3b (3.5%) $289.4m (610.5%) $271.6m (-33.2%) 23.0% (586.3%) $5.25 (254.7%)
2024 $1.5b (18.0%) $80.0m (-72.4%) $373.8m (37.6%) 5.4% (-76.6%) $1.03 (-80.4%)
2025 $1.8b (19.0%) $178.3m (122.8%) $111.6m (-70.1%) 10.1% (87.2%) $2.66 (158.3%)

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):

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