Discounted Cash Flow

Kimbell Royalty Partners, L.P.

KRP · 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 $30.3m $1.7m $1.7m 5.7% $0.11
2018 $70.3m (131.5%) $-56.8m (-3408.6%) $32.8m (1811.7%) -80.8% (-1529.1%) $-3.08 (-2900.0%)
2019 $108.2m (54.0%) $-83.0m (-46.3%) $79.7m (142.9%) -76.7% (5.0%) $-3.92 (-27.3%)
2020 $90.5m (-16.4%) $-167.4m (-101.5%) $61.2m (-23.1%) -185.0% (-141.1%) $-4.85 (-23.7%)
2021 $135.6m (49.9%) $22.6m (113.5%) $90.7m (48.0%) 16.7% (109.0%) $0.56 (111.5%)
2022 $248.1m (82.9%) $111.9m (394.9%) $166.5m (83.6%) 45.1% (170.6%) $1.75 (212.5%)
2023 $294.1m (18.5%) $60.1m (-46.3%) $174.1m (4.6%) 20.5% (-54.7%) $0.93 (-46.9%)
2024 $309.3m (5.2%) $-8.8m (-114.7%) $-8.8m (-105.1%) -2.9% (-114.0%) $-0.12 (-112.9%)
2025 $333.8m (7.9%) $56.0m (734.0%) $245.7m (2880.1%) 16.8% (687.4%) $0.62 (616.7%)

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.