Discounted Cash Flow

Pagaya Technologies Ltd.

PGY · Based on 10 years of SEC filings

DCF estimate unavailable — only_1_profitable_out_of_last_5

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)
2020 $99.0m $14.5m $4.3m 14.6% $0.03
2021 $445.9m (350.3%) $-91.2m (-729.9%) $43.2m (914.5%) -20.4% (-239.9%) $-0.69 (-2400.0%)
2022 $685.4m (53.7%) $-302.3m (-231.7%) $-62.4m (-244.5%) -44.1% (-115.8%) $-0.69 (0.0%)
2023 $772.8m (12.8%) $-128.4m (57.5%) $-6.1m (90.2%) -16.6% (62.3%) $-2.14 (-210.1%)
2024 $1.0b (30.0%) $-401.4m (-212.5%) $30.0m (593.2%) -40.0% (-140.4%) $-5.66 (-164.5%)
2025 $1.3b (25.6%) $81.4m (120.3%) $224.7m (648.7%) 6.5% (116.1%) $0.99 (117.5%)

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_1_profitable_out_of_last_5

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