Discounted Cash Flow
Macro Bank Inc. ADR
—
Audit / VIE / HFCA: Financial-sector DCF: free cash flow for lenders/insurers includes loan principal and deposits, so FCF ≈ 5-10× net income and is not a valuation proxy; the model shows moderate/unstable predictability and the DCF can be 5-40× market cap (lender pattern).
Sourced live via DEF 14A beneficial_ownership (edgartools proxy) for US filers and 20-F risk_factors (“controls X% of voting power” + VIE/HFCA) for foreign ADRs — cached 12h. A concentrated holder can overrule the DCF’s minority-basis assumptions on dividends, issuance, and delisting.
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
| Dividends | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2017 | $36.8m | $3.9m | $-17.2m | 10.6% | $9.43 |
| 2018 | $49.3m (33.9%) | $-462.8k (-111.8%) | $73.8m (528.6%) | -0.9% (-108.8%) | $-1.06 (-111.2%) |
| 2019 | $100.0m (102.8%) | $13.6m (3044.9%) | $10.8m (-85.3%) | 13.6% (1552.1%) | $32.30 (3146.8%) |
| 2020 | $103.7m (3.6%) | $17.3m (26.7%) | $79.1m (631.7%) | 16.7% (22.2%) | $40.90 (26.7%) |
| 2021 | $744.2m (617.8%) | $15.1m (-12.5%) | $1.9m (-97.6%) | 2.0% (-87.8%) | $35.77 (-12.5%) |
| 2022 | $2.2b (190.9%) | $26.9m (78.2%) | $232.8m (12304.3%) | 1.2% (-38.7%) | $63.76 (78.2%) |
| 2023 | $5.3b (146.3%) | $387.6m (1340.7%) | $-164.2m (-170.5%) | 7.3% (484.8%) | $918.54 (1340.7%) |
| 2024 | $3.9b (-26.4%) | $214.8m (-44.6%) | $1.2b (839.1%) | 5.5% (-24.7%) | $509.06 (-44.6%) |
| 2025 | $2.0b (-48.3%) | $191.1m (-11.1%) | $366.4m (-69.8%) | 9.4% (72.1%) | $452.75 (-11.1%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
SEC filings report in ARS. 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): —
Net debt deduction: —
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.