Discounted Cash Flow

Laureate Education, Inc.

LAUR · 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 $4.2b $371.8m $184.6m 8.8% $2.78
2017 $4.4b (3.2%) $91.5m (-75.4%) $130.8m (-29.2%) 2.1% (-76.2%) $-1.20 (-143.2%)
2018 $3.4b (-23.5%) $370.1m (304.6%) $396.9m (203.5%) 11.0% (428.7%) $1.79 (249.2%)
2019 $3.3b (-3.0%) $938.5m (153.6%) $339.8m (-14.4%) 28.9% (161.4%) $4.23 (136.3%)
2020 $1.0b (-68.5%) $-613.3m (-165.4%) $259.6m (-23.6%) -59.8% (-307.3%) $-2.93 (-169.3%)
2021 $1.1b (6.0%) $192.4m (131.4%) $-156.1m (-160.1%) 17.7% (129.6%) $1.01 (134.5%)
2022 $1.2b (14.3%) $69.6m (-63.8%) $125.5m (180.4%) 5.6% (-68.4%) $0.42 (-58.4%)
2023 $1.5b (19.5%) $107.6m (54.6%) $194.3m (54.9%) 7.2% (29.4%) $0.69 (64.3%)
2024 $1.6b (5.5%) $296.5m (175.6%) $160.8m (-17.2%) 18.9% (161.1%) $1.93 (179.7%)
2025 $1.7b (8.6%) $281.6m (-5.0%) $263.1m (63.6%) 16.5% (-12.6%) $1.91 (-1.0%)

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