Discounted Cash Flow

Natera, Inc.

NTRA · Based on 10 years of SEC filings

DCF estimate unavailable — only_0_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 $217.1m $-95.8m $-97.0m -44.1% $-1.86
2017 $210.9m (-2.8%) $-136.3m (-42.3%) $-106.7m (-9.9%) -64.6% (-46.5%) $-2.56 (-37.6%)
2018 $257.7m (22.1%) $-128.2m (6.0%) $-74.5m (30.2%) -49.7% (23.0%) $-2.22 (13.3%)
2019 $302.3m (17.3%) $-124.8m (2.6%) $-68.4m (8.1%) -41.3% (17.0%) $-1.79 (19.4%)
2020 $391.0m (29.3%) $-229.7m (-84.0%) $-202.1m (-195.4%) -58.8% (-42.3%) $-2.84 (-58.7%)
2021 $625.5m (60.0%) $-471.7m (-105.3%) $-376.3m (-86.2%) -75.4% (-28.4%) $-5.21 (-83.5%)
2022 $820.2m (31.1%) $-547.8m (-16.1%) $-479.2m (-27.4%) -66.8% (11.4%) $-5.57 (-6.9%)
2023 $1.1b (32.0%) $-434.8m (20.6%) $-286.2m (40.3%) -40.2% (39.9%) $-3.78 (32.1%)
2024 $1.7b (56.7%) $-190.4m (56.2%) $69.2m (124.2%) -11.2% (72.1%) $-1.53 (59.5%)
2025 $2.3b (35.9%) $-208.2m (-9.3%) $109.1m (57.6%) -9.0% (19.6%) $-1.52 (0.7%)

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_0_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.