Discounted Cash Flow

Tuniu Corp. ADR

TOUR · Based on 10 years of SEC filings · Converted from CNY to USD

DCF estimate unavailable — only_2_profitable_out_of_10

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 $1.5b $-51.7m $-49.0m -3.4%
2017 $336.9m (-77.8%) $-17.5m (66.3%) $-19.2m (60.7%) -5.2% (-52.1%)
2018 $325.8m (-3.3%) $-4.0m (77.1%) $-13.0m (32.1%) -1.2% (76.3%)
2019 $327.6m (0.6%) $-14.8m (-269.8%) $-2.6m (80.4%) -4.5% (-267.7%) $-1.89
2020 $69.0m (-78.9%) $-29.7m (-100.9%) $-29.8m (-1063.1%) -43.0% (-854.0%) $-3.53 (-86.8%)
2021 $66.9m (-3.0%) $-2.8m (90.5%) $-5.3m (82.4%) -4.2% (90.2%) $-0.05 (98.6%)
2022 $26.6m (-60.2%) $-4.1m (-47.0%) $-22.1m (-320.7%) -15.6% (-269.4%) $-0.08 (-60.0%)
2023 $62.2m (133.4%) $-2.1m (50.1%) $-2.1m (90.6%) -3.3% (78.6%) $-0.04 (50.0%)
2024 $70.4m (13.2%) $1.6m (175.6%) $12.5m (703.9%) 2.2% (166.8%) $0.03 (175.0%)
2025 $82.6m (17.5%) $658.9k (-57.9%) $658.9k (-94.7%) 0.8% (-64.2%) $0.01 (-66.7%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

SEC filings report in CNY. Values above are converted to USD for comparison with the US-listed share price.

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

only_2_profitable_out_of_10

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.