Discounted Cash Flow
Tencent Music Entertainment Group ADR
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $4.4b | $143.0m | $832.0m | 3.3% | — |
| 2017 | $11.0b (151.8%) | $1.3b (827.3%) | $2.4b (191.5%) | 12.1% (268.3%) | — |
| 2018 | $19.0b (72.9%) | $1.8b (38.2%) | $5.5b (126.8%) | 9.7% (-20.0%) | — |
| 2019 | $25.4b (34.0%) | $4.0b (117.2%) | $6.1b (11.0%) | 15.7% (62.2%) | — |
| 2020 | $29.2b (14.6%) | $4.2b (4.3%) | $4.8b (-22.2%) | 14.3% (-9.0%) | — |
| 2021 | $31.2b (7.2%) | $3.0b (-27.1%) | $1.8b (-63.0%) | 9.7% (-32.0%) | — |
| 2022 | $28.3b (-9.3%) | $3.7b (21.4%) | $4.4b (147.4%) | 13.0% (33.8%) | — |
| 2023 | $27.8b (-2.1%) | $4.9b (33.8%) | $6.1b (39.8%) | 17.7% (36.6%) | — |
| 2024 | $28.4b (2.3%) | $6.6b (35.0%) | $8.3b (37.2%) | 23.4% (32.0%) | — |
| 2025 | $32.9b (15.8%) | $15.2b (128.8%) | $9.9b (18.9%) | 46.2% (97.5%) | — |
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): —
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.