Discounted Cash Flow

17 Education & Technology Group Inc. ADR

YQ · Based on 10 years of SEC filings · Converted from CNY to USD

DCF estimate unavailable — only_0_profitable_out_of_last_5

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

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)
2018 $310.7m $-97.4m $-62.2m -31.3% $-18.50
2019 $406.2m (30.7%) $-143.1m (-46.9%) $-100.9m (-62.2%) -35.2% (-12.4%) $-27.25 (-47.3%)
2020 $198.4m (-51.2%) $-30.5m (78.7%) $-79.7m (21.1%) -15.4% (56.4%) $-44.68 (-64.0%)
2021 $342.8m (72.8%) $-33.6m (-10.2%) $-226.7m (-184.5%) -9.8% (36.2%) $-2.92 (93.5%)
2022 $77.0m (-77.5%) $-3.8m (88.6%) $-3.8m (98.3%) -5.0% (49.3%) $-0.05 (98.3%)
2023 $171.0m (122.0%) $-6.5m (-70.3%) $-32.0m (-736.9%) -3.8% (23.3%) $-0.10 (-100.0%)
2024 $189.2m (10.7%) $-3.9m (39.8%) $-20.9m (34.9%) -2.1% (45.6%) $-0.07 (30.0%)
2025 $106.0m (-44.0%) $-3.3m (16.5%) $5.4m (125.9%) -3.1% (-49.1%) $-0.04 (42.9%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

SEC filings report in CNY. Values above are converted to USD for comparison with the US-listed share price.

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_0_profitable_out_of_last_5

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.