Discounted Cash Flow

Treace Medical Concepts, Inc.

TMCI · 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)
2019 $39.4m $-4.3m $-8.9m -10.8%
2020 $57.4m (45.5%) $-3.7m (14.0%) $-5.6m (37.4%) -6.4% (40.9%) $-0.12
2021 $94.4m (64.6%) $-20.6m (-460.3%) $-19.9m (-257.7%) -21.8% (-240.4%) $-0.43 (-258.3%)
2022 $141.8m (50.2%) $-42.8m (-108.3%) $-45.5m (-128.6%) -30.2% (-38.7%) $-0.77 (-79.1%)
2023 $187.1m (31.9%) $-49.5m (-15.7%) $-46.0m (-1.2%) -26.5% (12.3%) $-0.81 (-5.2%)
2024 $209.4m (11.9%) $-55.7m (-12.6%) $-48.8m (-5.9%) -26.6% (-0.6%) $-0.90 (-11.1%)
2025 $212.7m (1.6%) $-59.0m (-5.8%) $-29.5m (39.5%) -27.7% (-4.2%) $-0.93 (-3.3%)

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

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.