Discounted Cash Flow

Patria Investments Ltd. Foreign

PAX · 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 $123.2m $58.5m $44.5m 47.5%
2020 $115.0m (-6.7%) $62.2m (6.3%) $52.7m (18.5%) 54.1% (13.8%) $0.53
2021 $235.5m (104.8%) $122.5m (96.9%) $107.6m (104.1%) 52.0% (-3.9%) $0.90 (69.4%)
2022 $258.9m (9.9%) $93.0m (-24.1%) $74.3m (-30.9%) 35.9% (-31.0%) $0.63 (-29.9%)
2023 $327.6m (26.6%) $118.4m (27.4%) $141.7m (90.6%) 36.1% (0.6%) $0.80 (26.5%)
2024 $374.2m (14.2%) $71.9m (-39.3%) $137.7m (-2.9%) 19.2% (-46.9%) $0.47 (-41.3%)
2025 $381.7m (2.0%) $85.7m (19.2%) $253.3m (84.0%) 22.4% (16.8%) $0.54 (15.2%)

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