Discounted Cash Flow

UP Fintech Holding Ltd. ADR

TIGR · 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 $16.9m $-7.9m $-9.1m -46.8% $-0.02
2018 $33.6m (98.0%) $-43.2m (-445.0%) $-22.9m (-151.3%) -128.7% (-175.3%) $-0.09 (-350.0%)
2019 $58.7m (74.8%) $-6.6m (84.7%) $-6.6m (71.2%) -11.2% (91.3%) $0.00 (100.0%)
2020 $138.5m (136.1%) $16.1m (343.8%) $16.1m (343.8%) 11.6% (203.3%) $0.01
2021 $264.5m (91.0%) $14.7m (-8.6%) $14.7m (-8.6%) 5.6% (-52.1%) $0.01 (0.0%)
2022 $225.4m (-14.8%) $-2.2m (-114.9%) $253.2m (1623.3%) -1.0% (-117.5%) $0.00 (-100.0%)
2023 $272.5m (20.9%) $32.6m (1589.3%) $-9.3m (-103.7%) 11.9% (1331.7%) $0.01
2024 $391.5m (43.7%) $61.4m (88.4%) $61.4m (757.6%) 15.7% (31.1%) $0.03 (150.0%)
2025 $612.1m (56.3%) $170.9m (178.5%) $1.3b (2037.1%) 27.9% (78.2%) $0.06 (156.0%)

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