Discounted Cash Flow

Valneva SE ADR

VALN · Based on 10 years of SEC filings

DCF estimate unavailable — No positive free cash flow in recent history — company has not generated positive FCF

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

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 $126.2m $-870.0k $-5.0m -0.7% $-0.02
2020 $110.3m (-12.6%) $-55.1m (-6235.6%) $118.8m (2488.9%) -50.0% (-7147.3%) $-0.71 (-3450.0%)
2021 $348.1m (215.5%) $-61.4m (-11.4%) $-15.3m (-112.9%) -17.6% (64.7%) $-0.75 (-5.6%)
2022 $361.3m (3.8%) $-144.8m (-135.9%) $-274.6m (-1691.4%) -40.1% (-127.3%) $-1.24 (-65.3%)
2023 $153.7m (-57.5%) $-98.6m (31.9%) $-217.0m (21.0%) -64.2% (-60.1%) $-0.73 (41.1%)
2024 $169.6m (10.3%) $-11.5m (88.4%) $-81.1m (62.6%) -6.8% (89.4%) $-0.08 (89.0%)
2025 $174.7m (3.0%) $-114.1m (-893.5%) $-57.3m (29.3%) -65.3% (-864.7%) $-0.68 (-750.0%)

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

No positive free cash flow in recent history — company has not generated positive FCF

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