Discounted Cash Flow

Ladder Capital Corp. REIT

LADR · 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 $66.7m $399.1m $1.08
2017 $95.3m (42.8%) $12.0m (-97.0%) $1.16 (7.4%)
2018 $180.0m (88.9%) $200.4m (1572.4%) $1.85 (59.5%)
2019 $122.6m (-31.9%) $183.2m (-8.6%) $1.16 (-37.3%)
2020 $-14.4m (-111.8%) $111.9m (-38.9%) $-0.13 (-111.2%)
2021 $56.5m (491.3%) $79.7m (-28.8%) $0.46 (453.8%)
2022 $142.2m (151.6%) $106.7m (33.8%) $1.14 (147.8%)
2023 $101.1m (-28.9%) $180.6m (69.2%) $0.81 (-28.9%)
2024 $108.3m (7.1%) $133.9m (-25.8%) $0.86 (6.2%)
2025 $64.2m (-40.7%) $87.0m (-35.0%) $0.51 (-40.7%)

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