Discounted Cash Flow
Coinshares Plc. Foreign
—
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 | $9.1b | $-17.0m | $529.6m | -0.2% | $0.48 |
| 2018 | $9.3b (2.4%) | $-11.4m (32.9%) | $506.4m (-4.4%) | -0.1% (34.5%) | $0.49 (2.9%) |
| 2019 | $9.5b (1.5%) | $-7.0m (38.6%) | $443.8m (-12.4%) | -0.1% (39.5%) | $0.36 (-26.5%) |
| 2020 | $12.5b (31.8%) | $-4.0m (42.9%) | $1.3b (200.5%) | -0.0% (56.7%) | $0.38 (5.2%) |
| 2021 | $12.9b (3.2%) | $-12.0m (-200.0%) | $1.4b (6.7%) | -0.1% (-190.8%) | $0.60 (57.6%) |
| 2022 | $14.5b (13.1%) | $-10.0m (16.7%) | $1.5b (3.5%) | -0.1% (26.3%) | $0.53 (-12.1%) |
| 2023 | $14.7b (1.0%) | $-10.0m (0.0%) | $-122.2m (-108.3%) | -0.1% (1.0%) | $1.10 (107.9%) |
| 2024 | $13.6b (-7.2%) | $-10.0m (0.0%) | $17.0m (113.9%) | -0.1% (-7.7%) | $2.42 (120.0%) |
| 2025 | $15.0b (10.0%) | $-7.0m (30.0%) | $123.2m (623.2%) | -0.0% (36.4%) | $1.74 (-28.1%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
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.