Discounted Cash Flow

Stem, Inc.

STEM · Based on 10 years of SEC filings

DCF estimate unavailable — only_1_profitable_out_of_last_5

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)
2019 $17.6m $-10.4k $-5.4m -0.1% $-1.51
2020 $36.3m (106.9%) $-156.1m (-1500226.7%) $-7.7m (-42.7%) -430.0% (-725207.4%) $-4.13 (-173.5%)
2021 $127.4m (250.8%) $-101.2m (35.2%) $-107.2m (-1298.8%) -79.5% (81.5%) $-0.96 (76.8%)
2022 $363.0m (185.0%) $-124.1m (-22.6%) $-122.8m (-14.5%) -34.2% (57.0%) $-0.81 (15.6%)
2023 $461.5m (27.1%) $-140.4m (-13.2%) $-221.5m (-80.4%) -30.4% (11.0%) $-0.90 (-11.1%)
2024 $144.6m (-68.7%) $-854.0m (-508.2%) $-47.9m (78.4%) -590.7% (-1841.4%) $-5.29 (-487.8%)
2025 $156.3m (8.1%) $137.8m (116.1%) $259.0k (100.5%) 88.2% (114.9%) $16.52 (412.3%)

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

only_1_profitable_out_of_last_5

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