Discounted Cash Flow

Nu Holdings Ltd. Foreign

NU · 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 $0 $-92.5m $273.8m
2020 $737.1m $-171.5m (-85.3%) $971.4m (254.8%) -23.3% $-0.13
2021 $1.7b (130.4%) $-165.0m (3.8%) $-165.0m (-117.0%) -9.7% (58.2%) $-0.10 (21.0%)
2022 $4.8b (182.2%) $-364.6m (-121.0%) $735.6m (545.8%) -7.6% (21.7%) $-0.08 (24.3%)
2023 $8.0b (67.5%) $1.0b (382.7%) $1.2b (69.4%) 12.8% (268.7%) $0.22 (378.8%)
2024 $11.5b (43.4%) $2.0b (91.4%) $2.4b (92.1%) 17.1% (33.4%) $0.41 (89.2%)
2025 $15.8b (37.0%) $2.9b (45.5%) $3.5b (45.9%) 18.2% (6.2%) $0.58 (42.1%)

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