Discounted Cash Flow

Kite Realty Group Trust REIT

KRG · 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 $88.9m $1.2m $1.2m 1.3% $0.01
2017 $88.9m (0.1%) $11.9m (903.7%) $83.1m (6927.2%) 13.4% (903.2%) $0.14 (1300.0%)
2018 $354.2m (298.3%) $-46.6m (-492.2%) $95.1m (14.4%) -13.1% (-198.5%) $-0.56 (-500.0%)
2019 $315.2m (-11.0%) $-534.0k (98.9%) $84.7m (-10.9%) -0.2% (98.7%) $-0.01 (98.2%)
2020 $266.6m (-15.4%) $-16.2m (-2938.0%) $57.2m (-32.4%) -6.1% (-3490.9%) $0.45 (4595.0%)
2021 $373.3m (40.0%) $-80.8m (-398.1%) $43.0m (-24.8%) -21.6% (-255.8%) $-0.73 (-262.4%)
2022 $802.0m (114.8%) $-12.6m (84.4%) $-12.6m (-129.4%) -1.6% (92.7%) $-0.06 (91.8%)
2023 $823.0m (2.6%) $47.5m (475.9%) $252.1m (2094.9%) 5.8% (466.3%) $0.22 (466.7%)
2024 $841.8m (2.3%) $4.1m (-91.4%) $278.1m (10.3%) 0.5% (-91.6%) $0.02 (-90.9%)
2025 $844.4m (0.3%) $298.7m (7236.4%) $277.7m (-0.2%) 35.4% (7214.4%) $1.37 (6750.0%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

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