Discounted Cash Flow

Xunlei Ltd. ADR

XNET · 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)
2016 $156.2m $-24.1m $3.2m -15.4%
2017 $200.6m (28.4%) $-37.8m (-56.9%) $-19.5m (-707.8%) -18.9% (-22.1%) $-0.11
2018 $230.6m (15.0%) $-39.3m (-3.8%) $-37.0m (-89.6%) -17.0% (9.7%) $-0.12 (-5.3%)
2019 $180.7m (-21.7%) $-53.2m (-35.4%) $-48.7m (-31.6%) -29.4% (-72.8%) $-0.16 (-33.3%)
2020 $186.4m (3.2%) $-13.8m (74.0%) $-14.0m (71.2%) -7.4% (74.8%) $-0.04 (75.0%)
2021 $238.8m (28.1%) $1.2m (108.6%) $13.7m (197.3%) 0.5% (106.7%) $0.00 (109.0%)
2022 $341.5m (43.0%) $21.5m (1702.1%) $36.1m (164.6%) 6.3% (1160.1%) $0.06 (1675.0%)
2023 $363.7m (6.5%) $14.2m (-33.7%) $21.7m (-39.9%) 3.9% (-37.8%) $0.04 (-31.8%)
2024 $323.1m (-11.2%) $1.2m (-91.5%) $22.9m (5.6%) 0.4% (-90.4%) $0.00 (-91.3%)
2025 $460.4m (42.5%) $1.0b (86177.0%) $27.1m (18.2%) 227.7% (60451.3%) $3.37 (88476.3%)

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