Discounted Cash Flow

Viking Holdings Ltd. Foreign

VIK · 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)
2017 $113.1m $-28.6m $-73.7m -25.3% $-1.15
2018 $414.0m (266.2%) $-89.2m (-211.7%) $-10.5m (85.7%) -21.6% (14.9%) $-3.58 (-211.3%)
2019 $45.7m (-89.0%) $-110.0k (99.9%) $92.0k (100.9%) -0.2% (98.9%) $-0.00 (100.0%)
2020 $1.2m (-97.4%) $-166.0k (-50.9%) $-1.1m (-1333.7%) -13.8% (-5609.0%) $-0.00 (-46.7%)
2021 $122.0m (10009.9%) $-196.6m (-118321.1%) $19.3m (1800.4%) -161.1% (-1071.3%) $-25.77 (-1171263.6%)
2022 $3.2b (2502.7%) $-84.7m (56.9%) $372.6m (1830.5%) -2.7% (98.3%) $-380.86 (-1377.9%)
2023 $4.7b (48.3%) $-1.9b (-2084.7%) $1.4b (268.0%) -39.3% (-1373.0%) $-4.42 (98.8%)
2024 $5.3b (13.2%) $152.3m (108.2%) $152.3m (-88.9%) 2.9% (107.3%) $0.36 (108.1%)
2025 $6.5b (21.9%) $1.1b (653.3%) $1.5b (906.7%) 17.7% (518.1%) $2.59 (619.4%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Values abbreviated: b = billions, m = millions, k = thousands.

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