Discounted Cash Flow

36kr Holdings Inc. ADR

KRKR · Based on 10 years of SEC filings

DCF estimate unavailable — loss_in_2024

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)
2017 $120.5m $5.1m $-11.8m 4.2% $0.01
2018 $299.1m (148.2%) $-80.6m (-1683.2%) $-62.0m (-423.8%) -26.9% (-737.9%) $-0.28 (-4028.6%)
2019 $94.2m (-68.5%) $-850.4m (-955.6%) $-159.6m (-157.4%) -903.1% (-3252.5%) $-0.33 (-20.7%)
2020 $59.3m (-37.1%) $-280.2m (67.0%) $-17.5m (89.1%) -472.8% (47.6%) $-0.04 (87.3%)
2021 $316.8m (434.4%) $-89.6m (68.0%) $193.2m (1206.6%) -28.3% (94.0%) $-0.09 (-107.1%)
2022 $322.5m (1.8%) $22.6m (125.3%) $-6.1m (-103.1%) 7.0% (124.8%) $0.02 (124.1%)
2023 $340.2m (5.5%) $-89.2m (-494.3%) $-127.5m (-2006.7%) -26.2% (-473.8%) $-0.09 (-509.5%)
2024 $231.1m (-32.1%) $-140.8m (-57.7%) $-33.4m (73.8%) -60.9% (-132.2%) $-0.13 (-51.2%)
2025 $227.9m (-1.4%) $11.4m (108.1%) $18.9m (156.4%) 5.0% (108.2%) $0.01 (108.5%)

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

loss_in_2024

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