Discounted Cash Flow

Vanda Pharmaceuticals Inc.

VNDA · Based on 10 years of SEC filings

DCF estimate unavailable — only_6_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 $146.0m $-18.0m $-9.5m -12.3% $-0.41
2017 $165.1m (13.1%) $-15.6m (13.6%) $-3.6m (61.7%) -9.4% (23.5%) $-0.35 (14.6%)
2018 $193.1m (17.0%) $25.2m (261.9%) $29.6m (912.1%) 13.1% (238.4%) $0.50 (242.9%)
2019 $227.2m (17.6%) $115.6m (358.4%) $44.9m (51.7%) 50.9% (289.7%) $2.17 (334.0%)
2020 $248.2m (9.2%) $23.3m (-79.8%) $50.0m (11.2%) 9.4% (-81.5%) $0.43 (-80.2%)
2021 $268.7m (8.3%) $33.2m (42.1%) $63.7m (27.4%) 12.3% (31.2%) $0.60 (39.5%)
2022 $254.4m (-5.3%) $6.3m (-81.1%) $31.3m (-50.8%) 2.5% (-80.0%) $0.11 (-81.7%)
2023 $192.6m (-24.3%) $2.5m (-60.0%) $12.4m (-60.3%) 1.3% (-47.2%) $0.04 (-63.6%)
2024 $198.8m (3.2%) $-18.9m (-853.3%) $-16.2m (-230.8%) -9.5% (-830.0%) $-0.33 (-925.0%)
2025 $216.1m (8.7%) $-220.5m (-1066.5%) $-110.4m (-579.8%) -102.0% (-973.0%) $-3.74 (-1033.3%)

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_6_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.