Discounted Cash Flow

Nordic American Tankers Ltd. Foreign

NAT · Based on 10 years of SEC filings

DCF estimate unavailable — only_5_profitable_out_of_10

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 $357.5m $-4.5m $-4.5m -1.2% $-0.05
2017 $297.1m (-16.9%) $-205.0m (-4499.8%) $31.7m (812.3%) -69.0% (-5433.5%) $-1.97 (-3840.0%)
2018 $289.0m (-2.7%) $-95.3m (53.5%) $-16.1m (-150.7%) -33.0% (52.2%) $-0.67 (66.0%)
2019 $317.2m (9.8%) $-10.4m (89.1%) $52.9m (428.2%) -3.3% (90.1%) $-0.07 (89.6%)
2020 $354.6m (11.8%) $50.0m (583.3%) $110.9m (109.9%) 14.1% (532.3%) $0.34 (585.7%)
2021 $191.1m (-46.1%) $-171.3m (-442.4%) $-44.5m (-140.1%) -89.7% (-735.5%) $-1.05 (-408.8%)
2022 $339.3m (77.6%) $15.1m (108.8%) $-71.3m (-60.3%) 4.5% (105.0%) $0.07 (106.7%)
2023 $391.7m (15.4%) $98.7m (553.7%) $65.8m (192.3%) 25.2% (466.3%) $0.47 (571.4%)
2024 $349.7m (-10.7%) $46.6m (-52.7%) $125.5m (90.9%) 13.3% (-47.1%) $0.22 (-53.2%)
2025 $291.7m (-16.6%) $12.3m (-73.7%) $-114.6m (-191.3%) 4.2% (-68.5%) $0.06 (-72.7%)

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

only_5_profitable_out_of_10

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