Discounted Cash Flow

Legend Biotech Corp. ADR

LEGN · Based on 10 years of SEC filings

DCF estimate unavailable — No positive free cash flow in recent history — company has not generated positive FCF

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

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
2018 $49.1m $-2.8m $-2.8m -5.7% $-0.01
2019 $57.3m (16.5%) $-133.0m (-4676.3%) $-87.1m (-3027.4%) -232.2% (-3998.1%) $-0.66 (-6500.0%)
2020 $75.7m (32.2%) $-303.5m (-128.2%) $-231.3m (-165.6%) -401.0% (-72.7%) $-1.28 (-93.9%)
2021 $68.8m (-9.1%) $-403.6m (-33.0%) $-209.5m (9.4%) -586.4% (-46.2%) $-1.43 (-11.7%)
2022 $117.0m (70.0%) $-446.3m (-10.6%) $-211.5m (-0.9%) -381.5% (34.9%) $-1.40 (2.1%)
2023 $285.1m (143.7%) $-518.3m (-16.1%) $-404.0m (-91.0%) -181.8% (52.4%) $-1.47 (-5.0%)
2024 $627.2m (120.0%) $-177.0m (65.8%) $-154.7m (61.7%) -28.2% (84.5%) $-0.48 (67.3%)
2025 $1.0b (64.0%) $-296.8m (-67.7%) $-109.6m (29.2%) -28.8% (-2.2%) $-0.81 (-68.8%)

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

No positive free cash flow in recent history — company has not generated positive FCF

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