Discounted Cash Flow
Empire State Realty OP L.P. LP REIT
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $678.0m | $106.3m | $20.9m | 15.7% | $0.38 |
| 2017 | $712.5m (5.1%) | $117.3m (10.3%) | $-36.7m (-275.6%) | 16.5% (5.0%) | $0.39 (2.6%) |
| 2018 | $731.5m (2.7%) | $116.3m (-0.9%) | $22.5m (161.4%) | 15.9% (-3.4%) | $0.39 (0.0%) |
| 2019 | $731.3m (-0.0%) | $82.5m (-29.0%) | $-23.3m (-203.6%) | 11.3% (-29.0%) | $0.27 (-30.8%) |
| 2020 | $609.2m (-16.7%) | $-27.1m (-132.8%) | $78.2m (435.3%) | -4.4% (-139.4%) | $-0.10 (-137.0%) |
| 2021 | $624.1m (2.4%) | $-17.2m (36.4%) | $-17.2m (-122.0%) | -2.8% (37.9%) | $-0.06 (40.0%) |
| 2022 | $727.0m (16.5%) | $59.3m (444.1%) | $211.1m (1326.0%) | 8.2% (395.4%) | $0.22 (466.7%) |
| 2023 | $739.6m (1.7%) | $80.1m (35.2%) | $232.5m (10.1%) | 10.8% (33.0%) | $0.30 (36.4%) |
| 2024 | $766.8m (3.7%) | $76.2m (-5.0%) | $260.9m (12.2%) | 9.9% (-8.3%) | $0.29 (-3.3%) |
| 2025 | $766.8m (0.0%) | $68.8m (-9.7%) | $249.1m (-4.5%) | 9.0% (-9.7%) | $0.26 (-10.3%) |
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): —
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.