Discounted Cash Flow

Yiren Digital Ltd. ADR

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

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 $466.4m $23.8m $44.4m 5.1% $1.36
2017 $852.0m (82.7%) $31.2m (31.1%) $60.2m (35.5%) 3.7% (-28.2%) $1.75 (28.7%)
2018 $817.5m (-4.0%) $20.8m (-33.3%) $-18.8m (-131.2%) 2.5% (-30.5%) $1.15 (-34.3%)
2019 $1.2b (51.4%) $24.6m (18.1%) $4.8m (125.6%) 2.0% (-22.0%) $0.90 (-22.1%)
2020 $607.2m (-50.9%) $-15.7m (-164.0%) $6.1m (26.6%) -2.6% (-230.4%) $-0.59 (-165.7%)
2021 $702.7m (15.7%) $24.0m (252.7%) $3.5m (-43.2%) 3.4% (231.9%) $0.96 (262.9%)
2022 $498.0m (-29.1%) $25.6m (6.9%) $25.6m (642.0%) 5.1% (50.8%) $0.99 (3.4%)
2023 $689.5m (38.5%) $43.4m (69.1%) $321.2m (1152.8%) 6.3% (22.1%) $1.66 (67.2%)
2024 $795.4m (15.4%) $32.1m (-26.0%) $210.6m (-34.4%) 4.0% (-35.9%) $1.25 (-24.5%)
2025 $5.7b (619.0%) $1.2m (-96.4%) $103.6m (-50.8%) 0.0% (-99.5%) $0.04 (-96.4%)

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