Discounted Cash Flow

Teekay Tankers Ltd. Foreign

TNK · 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)
2016 $550.5m $67.8m $197.4m 12.3% $0.40
2017 $431.2m (-21.7%) $-58.0m (-185.6%) $74.9m (-62.1%) -13.5% (-209.2%) $-0.31 (-177.5%)
2018 $755.8m (75.3%) $-52.5m (9.4%) $-13.1m (-117.5%) -7.0% (48.3%) $-0.20 (35.5%)
2019 $943.9m (24.9%) $41.4m (178.7%) $106.0m (910.0%) 4.4% (163.0%) $1.23 (715.0%)
2020 $886.4m (-6.1%) $87.3m (111.1%) $331.9m (213.0%) 9.9% (124.8%) $2.59 (110.6%)
2021 $542.4m (-38.8%) $-242.4m (-377.6%) $-128.8m (-138.8%) -44.7% (-553.7%) $-7.16 (-376.4%)
2022 $1.1b (96.0%) $229.1m (194.5%) $177.8m (238.1%) 21.5% (148.2%) $6.74 (194.1%)
2023 $1.4b (28.3%) $513.7m (124.2%) $615.9m (246.3%) 37.6% (74.7%) $15.04 (123.1%)
2024 $1.2b (-9.9%) $403.7m (-21.4%) $401.4m (-34.8%) 32.8% (-12.8%) $11.73 (-22.0%)
2025 $951.8m (-22.6%) $351.2m (-13.0%) $115.6m (-71.2%) 36.9% (12.4%) $10.15 (-13.5%)

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