Discounted Cash Flow

Tuya Inc. ADR

TUYA · 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)
2019 $105.8m $-70.5m $-59.0m -66.6% $-0.33
2020 $179.9m (70.0%) $-66.9m (5.1%) $-52.4m (11.2%) -37.2% (44.2%) $-0.30 (9.1%)
2021 $302.1m (67.9%) $-175.4m (-162.2%) $-132.3m (-152.4%) -58.1% (-56.1%) $-0.36 (-20.0%)
2022 $208.2m (-31.1%) $-146.2m (16.7%) $-71.4m (46.1%) -70.2% (-20.9%) $-0.26 (27.8%)
2023 $230.0m (10.5%) $-60.3m (58.7%) $34.9m (149.0%) -26.2% (62.7%) $-0.11 (57.7%)
2024 $298.6m (29.8%) $5.0m (108.3%) $5.0m (-85.7%) 1.7% (106.4%) $0.01 (109.1%)
2025 $321.8m (7.8%) $57.9m (1058.5%) $73.9m (1379.0%) 18.0% (975.1%) $0.09 (800.0%)

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