Discounted Cash Flow

Qiagen N.V. ADR

QGEN · Based on 10 years of SEC filings · Converted from EUR to USD

⚠ Cash flow predictability 69/100 (moderate) — FCF YoY std dev 36%, net income 75% (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 $1.6b $93.4m $310.2m 6.0% $0.34
2017 $1.6b (5.9%) $46.9m (-49.8%) $228.5m (-26.3%) 2.8% (-52.6%) $0.18 (-47.1%)
2018 $1.7b (5.9%) $221.1m (371.3%) $290.1m (27.0%) 12.7% (344.8%) $0.84 (366.7%)
2019 $1.8b (1.6%) $-48.2m (-121.8%) $247.3m (-14.7%) -2.7% (-121.4%) $-0.18 (-121.4%)
2020 $2.2b (22.5%) $417.2m (966.5%) $377.5m (52.7%) 19.2% (807.1%) $1.57 (972.2%)
2021 $2.6b (20.4%) $595.4m (42.7%) $521.7m (38.2%) 22.8% (18.5%) $2.25 (43.3%)
2022 $2.5b (-4.9%) $491.6m (-17.4%) $680.7m (30.5%) 19.8% (-13.2%) $1.86 (-17.3%)
2023 $2.3b (-8.2%) $396.5m (-19.4%) $359.8m (-47.1%) 17.4% (-12.1%) $1.50 (-19.4%)
2024 $2.3b (0.7%) $97.1m (-75.5%) $588.2m (63.5%) 4.2% (-75.7%) $0.38 (-74.7%)
2025 $2.4b (5.7%) $493.5m (408.3%) $526.5m (-10.5%) 20.3% (381.1%) $1.96 (415.8%)

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):

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