Discounted Cash Flow
SBA Communications Corp. 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 | $1.6b | $76.2m | $602.5m | 4.7% | $0.61 |
| 2017 | $1.7b (5.8%) | $103.7m (36.0%) | $671.4m (11.4%) | 6.0% (28.5%) | $0.86 (41.0%) |
| 2018 | $1.9b (8.0%) | $47.5m (-54.2%) | $47.5m (-92.9%) | 2.5% (-57.6%) | $0.41 (-52.3%) |
| 2019 | $153.8m (-91.8%) | $147.0m (209.8%) | $815.8m (1619.3%) | 95.6% (3658.1%) | $1.30 (217.1%) |
| 2020 | $128.7m (-16.3%) | $24.1m (-83.6%) | $24.1m (-97.0%) | 18.7% (-80.4%) | $0.22 (-83.1%) |
| 2021 | $204.7m (59.1%) | $237.6m (885.8%) | $1.1b (4281.9%) | 116.1% (519.5%) | $2.17 (886.4%) |
| 2022 | $296.9m (45.0%) | $461.4m (94.2%) | $1.1b (1.4%) | 155.4% (33.9%) | $4.27 (96.8%) |
| 2023 | $194.6m (-34.4%) | $501.8m (8.8%) | $1.3b (22.1%) | 257.8% (65.9%) | $4.64 (8.7%) |
| 2024 | $152.9m (-21.5%) | $749.5m (49.4%) | $1.1b (-15.4%) | 490.3% (90.2%) | $6.96 (50.0%) |
| 2025 | $244.5m (59.9%) | $1.1b (40.6%) | $1.1b (-3.6%) | 430.9% (-12.1%) | $9.83 (41.2%) |
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): —
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.