Discounted Cash Flow

Miniso Group Holding Ltd. ADR

MNSO · 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)
2019 $9.4b $-290.6m $922.3m -3.1% $0.01
2020 $9.0b (-4.4%) $-262.3m (9.8%) $769.5m (-16.6%) -2.9% (5.6%) $-0.12 (-1300.0%)
2021 $9.1b (1.0%) $-1.4b (-439.5%) $736.0m (-4.3%) -15.6% (-434.0%) $-1.18 (-883.3%)
2022 $10.1b (11.2%) $638.2m (145.1%) $1.3b (79.9%) 6.3% (140.6%) $0.53 (144.9%)
2023 $11.5b (13.8%) $1.8b (177.2%) $1.6b (23.4%) 15.4% (143.7%) $1.42 (167.9%)
2024 $17.0b (48.1%) $2.6b (48.0%) $1.9b (13.6%) 15.4% (-0.1%) $2.11 (48.6%)
2025 $21.4b (26.2%) $1.2b (-54.0%) $1.6b (-14.8%) 5.6% (-63.5%) $0.98 (-53.6%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Values abbreviated: b = billions, m = millions, k = thousands.

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