Discounted Cash Flow
Vornado Realty Trust REIT
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $2.5b | $906.9m | $1.0b | 36.2% | $4.36 |
| 2017 | $2.1b (-16.8%) | $227.4m (-74.9%) | $860.1m (-14.0%) | 10.9% (-69.8%) | $0.85 (-80.5%) |
| 2018 | $2.2b (3.8%) | $450.0m (97.9%) | $802.6m (-6.7%) | 20.8% (90.6%) | $2.02 (137.6%) |
| 2019 | $1.9b (-11.0%) | $3.1b (599.6%) | $662.5m (-17.5%) | 163.6% (686.5%) | $16.23 (703.5%) |
| 2020 | $1.5b (-20.6%) | $-297.0m (-109.4%) | $424.2m (-36.0%) | -19.4% (-111.9%) | $-1.83 (-111.3%) |
| 2021 | $1.6b (4.0%) | $176.0m (159.3%) | $761.8m (79.6%) | 11.1% (157.0%) | $0.53 (129.0%) |
| 2022 | $1.8b (13.3%) | $-346.5m (-296.9%) | $798.9m (4.9%) | -19.2% (-273.8%) | $-2.13 (-501.9%) |
| 2023 | $1.8b (0.6%) | $105.5m (130.4%) | $648.2m (-18.9%) | 5.8% (130.3%) | $0.23 (110.8%) |
| 2024 | $1.8b (-1.3%) | $70.4m (-33.3%) | $537.7m (-17.0%) | 3.9% (-32.4%) | $0.04 (-82.6%) |
| 2025 | $1.8b (1.3%) | $905.0m (1185.7%) | $1.3b (134.0%) | 50.0% (1169.5%) | $4.40 (10900.0%) |
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): —
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.