Discounted Cash Flow

Transmedics Group, Inc.

TMDX · 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)
2018 $14.7m $-23.8m $-26.4m -162.1% $-17.48
2019 $25.8m (76.3%) $-33.5m (-41.2%) $-32.5m (-22.9%) -129.8% (19.9%) $-2.36 (86.5%)
2020 $25.6m (-0.8%) $-28.7m (14.3%) $-30.7m (5.3%) -112.1% (13.6%) $-1.16 (50.8%)
2021 $30.3m (18.0%) $-44.2m (-53.8%) $-32.4m (-5.4%) -146.1% (-30.3%) $-1.60 (-37.9%)
2022 $93.5m (208.8%) $-36.2m (18.1%) $-57.7m (-78.3%) -38.8% (73.5%) $-1.23 (23.1%)
2023 $241.6m (158.5%) $-25.0m (30.9%) $-164.9m (-185.6%) -10.4% (73.3%) $-0.77 (37.4%)
2024 $441.5m (82.7%) $35.5m (241.7%) $-80.9m (50.9%) 8.0% (177.5%) $1.07 (239.0%)
2025 $605.5m (37.1%) $190.3m (436.6%) $133.6m (265.0%) 31.4% (291.3%) $5.60 (423.4%)

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