Discounted Cash Flow
SM Energy Co.
—
—
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 | $1.2b | $-757.7m | $552.8m | -62.2% | $-9.90 |
| 2017 | $1.1b (-7.2%) | $-160.8m (78.8%) | $515.4m (-6.8%) | -14.2% (77.1%) | $-1.44 (85.5%) |
| 2018 | $2.1b (83.0%) | $508.4m (416.1%) | $720.6m (39.8%) | 24.6% (272.7%) | $4.54 (415.3%) |
| 2019 | $1.6b (-23.1%) | $-187.0m (-136.8%) | $823.6m (14.3%) | -11.8% (-147.8%) | $-1.66 (-136.6%) |
| 2020 | $1.1b (-29.1%) | $-764.6m (-308.9%) | $790.9m (-4.0%) | -67.9% (-477.1%) | $-6.72 (-304.8%) |
| 2021 | $2.6b (132.8%) | $36.2m (104.7%) | $36.2m (-95.4%) | 1.4% (102.0%) | $0.30 (104.5%) |
| 2022 | $3.4b (28.1%) | $1.1b (2969.2%) | $806.5m (2126.0%) | 33.1% (2296.9%) | $9.09 (2930.0%) |
| 2023 | $2.4b (-29.3%) | $817.9m (-26.4%) | $475.0m (-41.1%) | 34.5% (4.1%) | $6.89 (-24.2%) |
| 2024 | $2.7b (13.3%) | $770.3m (-5.8%) | $-1.6b (-444.2%) | 28.6% (-16.9%) | $6.71 (-2.6%) |
| 2025 | $3.2b (17.2%) | $648.0m (-15.9%) | $539.0m (133.0%) | 20.5% (-28.2%) | $5.65 (-15.8%) |
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.