Discounted Cash Flow

Stubhub Holdings, Inc.

STUB · 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 $5.2b $48.3m $22.3m 0.9% $0.62
2018 $6.3b (19.7%) $468.4m (869.8%) $14.1m (-37.0%) 7.5% (709.9%) $0.15 (-75.8%)
2019 $5.7b (-9.2%) $126.0m (-73.1%) $18.0m (28.1%) 2.2% (-70.4%) $0.44 (193.3%)
2020 $4.7b (-17.1%) $-55.5m (-144.0%) $19.5m (7.8%) -1.2% (-153.1%) $0.58 (31.8%)
2021 $5.0b (5.7%) $66.7m (220.1%) $45.7m (134.8%) 1.3% (213.6%) $0.81 (39.7%)
2022 $5.9b (17.5%) $34.8m (-47.9%) $-561.0k (-101.2%) 0.6% (-55.6%) $1.82 (124.7%)
2023 $7.0b (19.5%) $108.3m (211.5%) $305.7m (54586.5%) 1.5% (160.7%) $-0.04 (-102.1%)
2024 $7.9b (13.3%) $219.1m (102.3%) $259.8m (-15.0%) 2.8% (78.5%) $-0.04 (-15.5%)
2025 $8.2b (3.0%) $335.8m (53.3%) $191.2m (-26.4%) 4.1% (48.8%) $-0.02 (58.1%)

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