Discounted Cash Flow
Pldt Inc. ADR
—
Sales growth has weakened: 6.2% (2022) → 2.8% (2023) → 2.8% (2024) → 0.7% (2025). Revenue growth has been decelerating or declining in recent years and is now 0.7% — 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 | $2.6b | $319.7m | $107.3m | 12.1% | — |
| 2017 | $2.6b (-3.2%) | $213.7m (-33.2%) | $311.6m (190.3%) | 8.4% (-30.9%) | — |
| 2018 | $2.6b (3.0%) | $302.3m (41.5%) | $221.6m (-28.9%) | 11.5% (37.3%) | — |
| 2019 | $2.7b (2.7%) | $359.9m (19.1%) | $-301.3m (-235.9%) | 13.3% (15.9%) | — |
| 2020 | $2.9b (7.0%) | $388.1m (7.8%) | $137.0m (145.5%) | 13.4% (0.8%) | — |
| 2021 | $3.1b (6.8%) | $421.3m (8.6%) | $-166.6m (-221.6%) | 13.6% (1.7%) | — |
| 2022 | $3.3b (6.2%) | $167.6m (-60.2%) | $-281.3m (-68.9%) | 5.1% (-62.6%) | — |
| 2023 | $3.4b (2.8%) | $425.3m (153.8%) | $151.8m (154.0%) | 12.6% (147.0%) | — |
| 2024 | $3.5b (2.8%) | $516.3m (21.4%) | $256.7m (69.1%) | 14.9% (18.1%) | — |
| 2025 | $3.5b (0.7%) | $461.3m (-10.6%) | $616.8m (140.3%) | 13.2% (-11.3%) | — |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
SEC filings report in PHP. 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.