Discounted Cash Flow

Consolidated Water Co. Ltd.

CWCO · Based on 10 years of SEC filings · Converted from MXN to USD

⚠ Cash flow predictability 41/100 (moderate) — FCF YoY std dev 80%, net income 66% (full history)

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)
2016 $3.4m $233.7k $257.4k 6.8% $0.27
2017 $3.7m (7.7%) $362.6k (55.1%) $535.2k (107.9%) 9.9% (44.1%) $0.41 (51.9%)
2018 $3.9m (5.5%) $666.5k (83.8%) $-422.4k (-178.9%) 17.2% (74.3%) $0.75 (82.9%)
2019 $4.1m (4.7%) $718.6k (7.8%) $689.3k (263.2%) 17.7% (3.0%) $0.81 (8.0%)
2020 $4.3m (5.6%) $219.1k (-69.5%) $921.1k (33.6%) 5.1% (-71.1%) $0.24 (-70.4%)
2021 $3.9m (-7.9%) $51.7k (-76.4%) $323.2k (-64.9%) 1.3% (-74.4%) $0.06 (-75.0%)
2022 $5.6m (40.7%) $345.6k (568.8%) $813.8k (151.8%) 6.2% (375.2%) $0.38 (533.3%)
2023 $10.6m (91.5%) $1.7m (405.2%) $172.5k (-78.8%) 16.4% (163.8%) $1.88 (394.7%)
2024 $7.9m (-25.7%) $1.7m (-4.6%) $1.8m (920.2%) 21.1% (28.4%) $1.78 (-5.3%)
2025 $7.8m (-1.4%) $1.1m (-35.1%) $2.0m (11.2%) 13.9% (-34.1%) $1.15 (-35.4%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

SEC filings report in MXN. 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