Discounted Cash Flow

Mirum Pharmaceuticals, Inc.

MIRM · 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)
2019 $-52.6m $-39.6m $-4.58
2020 $0 $-103.3m (-96.5%) $-89.3m (-125.3%) $-4.09 (10.7%)
2021 $19.1m $-84.0m (18.7%) $-132.8m (-48.7%) -438.9% $-2.77 (32.3%)
2022 $77.1m (302.7%) $-135.7m (-61.5%) $-120.4m (9.3%) -176.0% (59.9%) $-4.01 (-44.8%)
2023 $186.4m (141.8%) $-163.4m (-20.5%) $-71.1m (41.0%) -87.7% (50.2%) $-4.00 (0.2%)
2024 $336.9m (80.8%) $-87.9m (46.2%) $9.3m (113.1%) -26.1% (70.2%) $-1.85 (53.8%)
2025 $521.3m (54.7%) $-23.4m (73.4%) $54.9m (488.0%) -4.5% (82.8%) $-0.47 (74.6%)

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

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.