Discounted Cash Flow

Innovate Corp.

VATE · Based on 10 years of SEC filings

DCF estimate unavailable — only_1_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 $1.6b $-94.5m $50.1m -6.1% $-2.83
2017 $1.5b (-4.9%) $-46.9m (50.4%) $-25.8m (-151.5%) -3.2% (47.9%)
2018 $1.8b (19.7%) $162.0m (445.3%) $301.7m (1270.2%) 9.1% (388.6%)
2019 $1.7b (-6.3%) $-31.5m (-119.4%) $69.1m (-77.1%) -1.9% (-120.7%)
2020 $716.9m (-56.9%) $-92.0m (-192.1%) $23.9m (-65.4%) -12.8% (-577.4%) $-1.88
2021 $1.2b (68.1%) $-227.5m (-147.3%) $2.9m (-87.9%) -18.9% (-47.1%) $-2.98 (-58.5%)
2022 $1.6b (35.9%) $-35.9m (84.2%) $-30.2m (-1141.4%) -2.2% (88.4%) $-0.53 (82.2%)
2023 $1.4b (-13.1%) $-35.2m (1.9%) $8.1m (126.8%) -2.5% (-12.8%) $-0.48 (9.4%)
2024 $1.1b (-22.2%) $-34.6m (1.7%) $-9.9m (-222.2%) -3.1% (-26.3%) $-3.08 (-541.7%)
2025 $1.2b (12.5%) $-60.6m (-75.1%) $120.5m (1317.2%) -4.9% (-55.6%) $-4.84 (-57.1%)

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

only_1_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.