Discounted Cash Flow

Nlight, Inc.

LASR · Based on 10 years of SEC filings

DCF estimate unavailable — only_0_profitable_out_of_last_5

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 $138.6m $1.8m $-2.1m 1.3% $0.00
2018 $191.4m (38.1%) $13.9m (658.7%) $-7.2m (-249.8%) 7.3% (449.5%) $0.38
2019 $176.6m (-7.7%) $-12.9m (-192.4%) $-16.6m (-129.7%) -7.3% (-200.2%) $-0.35 (-192.1%)
2020 $222.8m (26.1%) $-20.9m (-62.5%) $-10.4m (37.7%) -9.4% (-28.8%) $-0.55 (-57.1%)
2021 $270.1m (21.3%) $-29.7m (-41.7%) $-26.8m (-157.9%) -11.0% (-16.9%) $-0.70 (-27.3%)
2022 $242.1m (-10.4%) $-54.6m (-84.0%) $-35.9m (-34.3%) -22.5% (-105.3%) $-1.23 (-75.7%)
2023 $209.9m (-13.3%) $-41.7m (23.7%) $4.8m (113.2%) -19.9% (12.0%) $-0.90 (26.8%)
2024 $198.5m (-5.4%) $-60.8m (-45.9%) $-10.3m (-316.6%) -30.6% (-54.2%) $-1.27 (-41.1%)
2025 $261.3m (31.6%) $-23.5m (61.4%) $12.3m (219.5%) -9.0% (70.7%) $-0.47 (63.0%)

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

only_0_profitable_out_of_last_5

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