Discounted Cash Flow

American Superconductor Corp.

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

⚠ Cash flow predictability 31/100 (unstable) — FCF YoY std dev 83%, net income 75% (full history)

DCF estimate unavailable — only_3_profitable_out_of_10

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)
2017 $87.3m $-31.8m $-13.8m -36.4% $-1.98
2018 $56.2m (-35.6%) $-38.1m (-19.7%) $-31.8m (-130.5%) -67.7% (-86.0%) $-1.73 (12.9%)
2019 $65.3m (16.1%) $31.1m (181.6%) $48.5m (252.6%) 47.6% (170.3%) $1.32 (176.2%)
2020 $74.2m (13.6%) $-19.9m (-163.9%) $-23.4m (-148.2%) -26.8% (-156.2%) $-0.81 (-161.9%)
2021 $101.2m (36.5%) $-26.3m (-32.7%) $-12.1m (48.1%) -26.0% (2.8%) $-0.95 (-16.6%)
2022 $126.0m (24.5%) $-22.3m (15.4%) $-23.1m (-90.7%) -17.7% (32.0%) $-1.52 (-59.9%)
2023 $123.1m (-2.3%) $-40.7m (-82.6%) $-27.6m (-19.1%) -33.1% (-86.8%) $-1.26 (17.1%)
2024 $169.2m (37.4%) $-12.9m (68.3%) $1.4m (105.1%) -7.6% (76.9%) $-0.37 (70.4%)
2025 $258.8m (53.0%) $7.0m (154.3%) $30.1m (2048.7%) 2.7% (135.5%) $0.16 (143.8%)
2026 $347.5m (34.3%) $155.4m (2118.0%) $21.2m (-29.4%) 44.7% (1552.0%) $3.12 (1810.4%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

SEC filings report in EUR. 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_3_profitable_out_of_10

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