Discounted Cash Flow

Telephone & Data Systems Inc. /De/

TDS · Based on 10 years of SEC filings

DCF estimate unavailable — loss_in_2023

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 $5.1b $43.0m $146.0m 0.8% $0.39
2017 $5.0b (-1.2%) $153.0m (255.8%) $91.0m (-37.7%) 3.0% (260.0%) $1.39 (256.4%)
2018 $5.0b (-0.5%) $135.0m (-11.8%) $241.0m (164.8%) 2.7% (-11.3%) $1.20 (-13.7%)
2019 $5.1b (1.1%) $121.0m (-10.4%) $59.0m (-75.5%) 2.4% (-11.4%) $1.06 (-11.7%)
2020 $5.1b (0.9%) $226.0m (86.8%) $194.0m (228.8%) 4.4% (85.2%) $1.97 (85.8%)
2021 $5.2b (2.0%) $156.0m (-31.0%) $-28.0m (-114.4%) 3.0% (-32.3%) $1.03 (-47.7%)
2022 $5.3b (1.4%) $62.0m (-60.3%) $-6.0m (78.6%) 1.2% (-60.8%) $-0.07 (-106.8%)
2023 $5.0b (-4.9%) $-500.0m (-906.5%) $-69.0m (-1050.0%) -9.9% (-948.1%) $-5.05 (-7114.3%)
2024 $4.8b (-3.8%) $-28.0m (94.4%) $261.0m (478.3%) -0.6% (94.2%) $-0.85 (83.2%)
2025 $1.1b (-77.9%) $-6.2m (77.7%) $199.4m (-23.6%) -0.6% (-0.7%) $-0.66 (22.4%)

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

loss_in_2023

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