Discounted Cash Flow

Archer-daniels-midland Co.

ADM · Based on 10 years of SEC filings · Converted from EUR to USD

⚠ Cash flow predictability 50/100 (moderate) — FCF YoY std dev 73%, net income 38% (full history)

DCF estimate unavailable — no_upward_trend_net_income_yr1_3156526800.0_gte_yrN_1256085600.0_window_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)
2016 $72.6b $1.5b $691.0m 2.1% $2.18
2017 $70.9b (-2.4%) $1.9b (24.7%) $1.4b (96.0%) 2.6% (27.8%) $2.80 (28.4%)
2018 $75.0b (5.8%) $2.1b (13.5%) $-6.6b (-584.2%) 2.8% (7.3%) $3.21 (14.6%)
2019 $75.3b (0.5%) $1.6b (-23.8%) $-7.3b (-11.6%) 2.1% (-24.2%) $2.45 (-23.7%)
2020 $75.0b (-0.5%) $2.1b (28.5%) $-3.7b (48.9%) 2.8% (29.1%) $3.16 (29.0%)
2021 $99.3b (32.5%) $3.2b (52.9%) $6.3b (269.1%) 3.2% (15.4%) $4.80 (51.9%)
2022 $118.3b (19.1%) $5.1b (60.2%) $2.5b (-60.2%) 4.3% (34.5%) $7.72 (60.8%)
2023 $109.5b (-7.5%) $4.1b (-19.7%) $3.5b (37.4%) 3.7% (-13.2%) $6.44 (-16.6%)
2024 $99.7b (-8.9%) $2.1b (-48.3%) $1.4b (-58.6%) 2.1% (-43.2%) $3.66 (-43.2%)
2025 $93.5b (-6.2%) $1.3b (-40.1%) $4.9b (242.6%) 1.3% (-36.2%) $2.23 (-39.1%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

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

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

no_upward_trend_net_income_yr1_3156526800.0_gte_yrN_1256085600.0_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.