Discounted Cash Flow

Snap Inc.

SNAP · Based on 10 years of SEC filings

DCF estimate unavailable — only_0_profitable_out_of_10

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)
2016 $404.5m $-514.6m $-677.7m -127.2% $-0.64
2017 $824.9m (104.0%) $-3.4b (-569.4%) $-819.2m (-20.9%) -417.6% (-228.2%) $-2.95 (-360.9%)
2018 $1.2b (43.1%) $-1.3b (63.5%) $-810.2m (1.1%) -106.4% (74.5%) $-0.97 (67.1%)
2019 $1.7b (45.3%) $-1.0b (17.7%) $-341.4m (57.9%) -60.3% (43.4%) $-0.75 (22.7%)
2020 $2.5b (46.1%) $-944.8m (8.6%) $-225.5m (34.0%) -37.7% (37.4%) $-0.65 (13.3%)
2021 $4.1b (64.2%) $-488.0m (48.4%) $223.0m (198.9%) -11.9% (68.6%) $-0.31 (52.3%)
2022 $4.6b (11.8%) $-1.4b (-193.0%) $55.3m (-75.2%) -31.1% (-162.1%) $-0.89 (-187.1%)
2023 $4.6b (0.1%) $-1.3b (7.5%) $34.8m (-37.1%) -28.7% (7.6%) $-0.82 (7.9%)
2024 $5.4b (16.4%) $-697.9m (47.2%) $218.7m (528.4%) -13.0% (54.7%) $-0.42 (48.8%)
2025 $5.9b (10.6%) $-460.5m (34.0%) $437.2m (99.9%) -7.8% (40.4%) $-0.27 (35.7%)

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

only_0_profitable_out_of_10

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