Discounted Cash Flow

Stride, Inc.

LRN · 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 $872.7m $9.0m $9.0m 1.0% $0.24
2017 $888.5m (1.8%) $451.0k (-95.0%) $86.6m (858.0%) 0.1% (-95.1%) $0.01 (-95.8%)
2018 $917.7m (3.3%) $27.6m (6024.2%) $94.9m (9.6%) 3.0% (5829.2%) $0.70 (6900.0%)
2019 $1.0b (10.7%) $37.2m (34.7%) $136.1m (43.5%) 3.7% (21.7%) $0.96 (37.1%)
2020 $1.0b (2.5%) $24.5m (-34.1%) $78.7m (-42.2%) 2.4% (-35.7%) $0.62 (-35.4%)
2021 $1.5b (47.7%) $71.5m (191.6%) $130.6m (65.8%) 4.6% (97.5%) $1.78 (187.1%)
2022 $1.7b (9.8%) $107.1m (49.9%) $197.1m (51.0%) 6.4% (36.6%) $2.58 (44.9%)
2023 $1.8b (8.9%) $126.9m (18.4%) $198.8m (0.9%) 6.9% (8.7%) $3.00 (16.3%)
2024 $2.0b (11.0%) $204.2m (60.9%) $276.5m (39.1%) 10.0% (45.0%) $4.79 (59.7%)
2025 $2.4b (17.9%) $287.9m (41.0%) $431.0m (55.9%) 12.0% (19.6%) $6.69 (39.7%)

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