Discounted Cash Flow

Spruce Power Holding Corp.

SPRU · Based on 10 years of SEC filings

DCF estimate unavailable — No positive free cash flow in recent history — company has not generated positive FCF

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

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)
2019 $7.2m $-14.9m $-11.6m -206.5% $-0.19
2020 $20.3m (181.9%) $-25.6m (-71.7%) $-19.9m (-72.1%) -125.8% (39.1%) $-0.72 (-278.9%)
2021 $15.6m (-23.3%) $28.8m (212.5%) $-28.2m (-41.8%) 184.6% (246.7%) $0.21 (129.2%)
2022 $23.2m (48.7%) $-93.9m (-426.3%) $-47.7m (-69.3%) -405.0% (-319.4%) $-0.66 (-414.3%)
2023 $79.9m (244.3%) $-65.8m (29.9%) $-31.7m (33.5%) -82.4% (79.6%) $-3.58 (-442.4%)
2024 $82.1m (2.8%) $-70.5m (-7.1%) $-41.7m (-31.4%) -85.9% (-4.1%) $-3.82 (-6.7%)
2025 $111.8m (36.2%) $-26.0m (63.1%) $-3.4m (91.8%) -23.3% (72.9%) $-1.44 (62.3%)

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

No positive free cash flow in recent history — company has not generated positive FCF

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