Discounted Cash Flow

Sumitomo Mitsui Financial Group, Inc. ADR

SMFG · 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)
2017 $1.4t $740.6b $3.2t 53.0%
2018 $2.1t (53.4%) $760.0b (2.6%) $760.0b (-76.6%) 35.4% (-33.1%) $538.84
2019 $2.4t (12.2%) $541.9b (-28.7%) $2.3t (199.6%) 22.5% (-36.5%) $387.76 (-28.0%)
2020 $2.4t (0.0%) $200.1b (-63.1%) $200.1b (-91.2%) 8.3% (-63.1%) $145.48 (-62.5%)
2021 $1.8t (-26.0%) $687.5b (243.7%) $687.5b (243.7%) 38.6% (364.6%) $501.73 (244.9%)
2022 $1.7t (-1.8%) $499.6b (-27.3%) $499.6b (-27.3%) 28.6% (-26.0%) $364.46 (-27.4%)
2023 $3.7t (111.5%) $911.8b (82.5%) $-5.3t (-1166.5%) 24.7% (-13.7%) $668.12 (83.3%)
2024 $5.9t (60.8%) $873.3b (-4.2%) $916.9b (117.2%) 14.7% (-40.4%) $657.13 (-1.6%)
2025 $6.7t (13.0%) $478.1b (-45.3%) $3.0t (223.7%) 7.1% (-51.5%) $122.40 (-81.4%)
2026 $2.8t (-57.8%) $332.7b (-30.4%) $332.7b (-88.8%) 11.7% (65.0%)

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):

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