Discounted Cash Flow

Matador Resources Co.

MTDR · 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 $264.4m $-97.1m $134.1m -36.7% $-1.07
2017 $544.3m (105.8%) $138.0m (242.2%) $299.1m (123.1%) 25.4% (169.1%) $1.23 (215.0%)
2018 $829.7m (52.4%) $274.2m (98.7%) $608.5m (103.4%) 33.0% (30.3%) $2.41 (95.9%)
2019 $1.0b (23.7%) $87.8m (-68.0%) $552.0m (-9.3%) 8.6% (-74.1%) $0.75 (-68.9%)
2020 $851.1m (-17.1%) $-593.2m (-775.8%) $477.6m (-13.5%) -69.7% (-914.8%) $-5.11 (-781.3%)
2021 $1.9b (118.8%) $585.0m (198.6%) $1.1b (120.6%) 31.4% (145.1%) $5.00 (197.8%)
2022 $3.2b (71.7%) $1.2b (107.6%) $894.8m (-15.1%) 38.0% (20.9%) $10.28 (105.6%)
2023 $2.8b (-11.9%) $846.1m (-30.3%) $318.0m (-64.5%) 30.0% (-20.9%) $7.10 (-30.9%)
2024 $3.5b (23.5%) $885.3m (4.6%) $280.0m (-11.9%) 25.4% (-15.3%) $7.16 (0.8%)
2025 $3.7b (5.1%) $759.2m (-14.2%) $241.6m (-13.7%) 20.8% (-18.4%) $6.10 (-14.8%)

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