Discounted Cash Flow

Moelis & Co.

MC · Based on 10 years of SEC filings

DCF estimate unavailable — loss_in_2023

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 $613.4m $38.4m $228.6m 6.3% $1.83
2017 $684.6m (11.6%) $29.4m (-23.4%) $227.5m (-0.5%) 4.3% (-31.4%) $0.96 (-47.5%)
2018 $885.8m (29.4%) $140.7m (378.5%) $384.0m (68.8%) 15.9% (269.8%) $3.26 (239.6%)
2019 $746.5m (-15.7%) $105.1m (-25.3%) $202.8m (-47.2%) 14.1% (-11.4%) $2.09 (-35.9%)
2020 $943.3m (26.4%) $178.8m (70.2%) $388.6m (91.6%) 19.0% (34.7%) $3.16 (51.2%)
2021 $1.5b (63.3%) $365.2m (104.2%) $920.6m (136.9%) 23.7% (25.0%) $5.79 (83.2%)
2022 $985.3m (-36.0%) $150.3m (-58.8%) $27.0m (-97.1%) 15.3% (-35.6%) $2.29 (-60.4%)
2023 $854.7m (-13.2%) $-24.7m (-116.4%) $141.8m (424.4%) -2.9% (-118.9%) $-0.36 (-115.7%)
2024 $1.2b (39.8%) $136.0m (650.7%) $415.4m (193.0%) 11.4% (494.0%) $1.89 (625.0%)
2025 $1.5b (27.0%) $233.0m (71.3%) $540.0m (30.0%) 15.4% (34.9%) $3.11 (64.6%)

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

loss_in_2023

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