Discounted Cash Flow
Cimpress Plc.
—
Sales growth has weakened: 11.4% (2022) → 6.7% (2023) → 6.9% (2024) → 3.4% (2025). Revenue growth has been decelerating or declining in recent years and is now 3.4% — a slowing company may not sustain the growth the DCF projects, so the valuation could be overstated.
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) |
|---|---|---|---|---|---|
| 2016 | $2.1b | $63.1m | $193.9m | 3.0% | $1.72 |
| 2017 | $2.5b (19.4%) | $-83.3m (-231.9%) | $95.9m (-50.5%) | -3.4% (-210.5%) | $-2.29 (-233.1%) |
| 2018 | $3.0b (21.4%) | $50.8m (161.0%) | $152.6m (59.1%) | 1.7% (150.2%) | $1.41 (161.6%) |
| 2019 | $3.2b (6.1%) | $110.4m (117.3%) | $302.6m (98.3%) | 3.5% (104.8%) | $3.09 (119.1%) |
| 2020 | $2.9b (-9.8%) | $96.8m (-12.3%) | $334.5m (10.5%) | 3.4% (-2.8%) | $3.07 (-0.6%) |
| 2021 | $3.0b (4.5%) | $-90.3m (-193.2%) | $263.3m (-21.3%) | -3.0% (-189.2%) | $-2.99 (-197.4%) |
| 2022 | $3.4b (11.4%) | $-63.1m (30.1%) | $192.2m (-27.0%) | -1.9% (37.2%) | $-2.08 (30.4%) |
| 2023 | $3.6b (6.7%) | $-216.0m (-242.3%) | $88.9m (-53.8%) | -6.0% (-221.0%) | $-7.08 (-240.4%) |
| 2024 | $3.8b (6.9%) | $201.7m (193.4%) | $343.6m (286.6%) | 5.3% (187.4%) | $6.64 (193.8%) |
| 2025 | $4.0b (3.4%) | $17.4m (-91.4%) | $242.8m (-29.3%) | 0.4% (-91.7%) | $0.60 (-91.0%) |
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): —
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.