Discounted Cash Flow
Century Casinos Inc. /Co./
—
Sales growth has weakened: 10.8% (2022) → 27.8% (2023) → 4.7% (2024) → -0.5% (2025). Revenue growth has been decelerating or declining in recent years and is now -0.5% — 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 | $107.2m | $6.7m | $11.0m | 6.2% | $0.38 |
| 2017 | $119.0m (11.0%) | $4.5m (-32.1%) | $6.0m (-45.1%) | 3.8% (-38.8%) | $0.25 (-34.2%) |
| 2018 | $122.3m (2.7%) | $2.5m (-45.8%) | $2.5m (-59.2%) | 2.0% (-47.2%) | $0.12 (-52.0%) |
| 2019 | $157.9m (29.2%) | $-13.9m (-664.4%) | $-3.8m (-254.9%) | -8.8% (-536.9%) | $-0.65 (-641.7%) |
| 2020 | $220.2m (39.4%) | $-34.7m (-150.6%) | $-1.2m (67.7%) | -15.8% (-79.7%) | $-1.62 (-149.2%) |
| 2021 | $281.2m (27.7%) | $14.9m (143.0%) | $35.6m (2992.8%) | 5.3% (133.6%) | $0.70 (143.2%) |
| 2022 | $311.6m (10.8%) | $5.8m (-61.3%) | $13.2m (-63.0%) | 1.9% (-65.1%) | $0.27 (-61.4%) |
| 2023 | $398.2m (27.8%) | $-20.4m (-453.5%) | $-25.7m (-295.4%) | -5.1% (-376.6%) | $-0.93 (-444.4%) |
| 2024 | $416.8m (4.7%) | $-111.2m (-444.7%) | $-45.3m (-75.8%) | -26.7% (-420.4%) | $-5.02 (-439.8%) |
| 2025 | $414.7m (-0.5%) | $-44.5m (60.0%) | $-11.0m (75.6%) | -10.7% (59.8%) | $-2.04 (59.4%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
SEC filings report in CAD. 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.