Discounted Cash Flow

Ziff Davis, Inc.

ZD · Based on 10 years of SEC filings

DCF estimate unavailable — no_upward_trend_net_income_yr1_496714000.0_gte_yrN_47354000.0_window_5

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 $874.3m $152.4m $257.6m 17.4% $3.15
2017 $1.1b (27.9%) $139.4m (-8.5%) $224.8m (-12.7%) 12.5% (-28.5%) $2.89 (-8.3%)
2018 $1.2b (8.0%) $128.7m (-7.7%) $344.9m (53.4%) 10.7% (-14.5%) $2.64 (-8.7%)
2019 $1.4b (13.6%) $218.8m (70.0%) $342.0m (-0.9%) 15.9% (49.6%) $4.52 (71.2%)
2020 $1.5b (8.6%) $150.7m (-31.1%) $387.5m (13.3%) 10.1% (-36.6%) $3.24 (-28.3%)
2021 $1.4b (-4.9%) $496.7m (229.7%) $402.8m (3.9%) 35.1% (246.6%) $10.81 (233.6%)
2022 $1.4b (-1.8%) $63.8m (-87.2%) $230.3m (-42.8%) 4.6% (-86.9%) $1.36 (-87.4%)
2023 $1.4b (-1.9%) $41.5m (-34.9%) $211.2m (-8.3%) 3.0% (-33.6%) $0.89 (-34.6%)
2024 $1.4b (2.8%) $63.0m (51.9%) $283.7m (34.3%) 4.5% (47.8%) $1.42 (59.6%)
2025 $1.5b (3.5%) $47.4m (-24.9%) $287.9m (1.5%) 3.3% (-27.5%) $1.16 (-18.3%)

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

no_upward_trend_net_income_yr1_496714000.0_gte_yrN_47354000.0_window_5

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