Discounted Cash Flow

Tilray Brands, Inc.

TLRY · 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)
2017 $20.5m $-7.8m $-6.0m -38.0%
2018 $20.5m (0.0%) $-7.8m (0.0%) $-57.2m (-852.2%) -38.0% (0.0%)
2019 $167.0m (713.0%) $-321.2m (-4012.8%) $-331.8m (-480.5%) -192.3% (-405.9%) $-0.18
2020 $210.5m (26.1%) $-271.1m (15.6%) $-174.0m (47.6%) -128.8% (33.0%) $-0.47 (-161.1%)
2021 $513.1m (143.8%) $-367.4m (-35.5%) $-44.7m (74.3%) -71.6% (44.4%) $-1.25 (-166.0%)
2022 $628.4m (22.5%) $-476.8m (-29.8%) $-177.3m (-296.4%) -75.9% (-6.0%) $-0.90 (28.0%)
2023 $627.1m (-0.2%) $-1.5b (-204.7%) $-12.9m (92.7%) -231.6% (-205.3%) $-2.35 (-161.1%)
2024 $788.9m (25.8%) $-245.0m (83.1%) $-60.2m (-366.5%) -31.1% (86.6%) $-0.33 (86.0%)
2025 $821.3m (4.1%) $-2.2b (-792.6%) $-127.5m (-112.0%) -266.3% (-757.4%) $-2.46 (-645.5%)
2026 $915.5m (11.5%) $-121.4m (94.4%) $-102.1m (19.9%) -13.3% (95.0%) $-1.09 (55.7%)

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

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.