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Adyen NV
ENXTAM:ADYEN
荷蘭 / 財務狀況 / Financial Services
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貨幣
€
綜觀
股息
財報
模型
財務狀況
比較
穩健度
圖表
5 年 DCF 增長退出價
股價
1,466.40
EUR
公允價值
1,952.27
EUR
Metrics
Range
Conclusion
Discount Rate
10.8% - 9.8%
10.3%
Perpetuity Growth Rate
4.5% - 5.5%
5.0%
Fair Value
€1,729 - €2,280
€1,952
Upside
17.9% - 55.5%
33.1%
20.3%
Revenue 5y CAGR
56.8%
5y Avg EBITDA Margin
16.3%
Unlevered FCF 5y CAGR
5-Year DCF Model: Gordon Growth Exit
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儲存
股價
1,466.40
EUR
公允價值
1,952.27
EUR
看漲
33.1%
Revenue and EBITDA
CapEx
Working Capital
D&A
Tax Rate
Discount Rate
Terminal Value
Select Revenue and EBITDA Forecast
(EUR in millions)
Input Projections
Fiscal Years Ending
Dec-24
Dec-25
Dec-26
Dec-27
Dec-28
Dec-29
Revenue
2,015
2,467
3,070
3,798
4,499
5,072
% Growth
23.9%
22.4%
24.5%
23.7%
18.5%
12.7%
EBITDA
955
1,295
1,689
2,202
2,583
3,089
% of Revenue
47.4%
52.5%
55.0%
58.0%
57.4%
60.9%
支援算式
Calculation of Free Cash Flow
Discounting Periods
Discounting Factors
Calculation of Enterprise Value
Equity Waterfall
Historical Financials
Current Trading Multiples
Calculation of Free Cash Flow
Projected Unlevered Cash Flow
(EUR in millions)
Dec-25
Dec-26
Dec-27
Dec-28
Dec-29
Terminal
EBITDA
1,295
1,689
2,202
2,583
3,089
3,089
Other Income / (Exp)
0
0
0
0
0
0
D&A
(131)
(156)
(193)
(196)
(151)
(234)
EBIT
1,164
1,533
2,010
2,387
2,939
2,855
Pro forma Taxes
(256)
(337)
(442)
(525)
(646)
(628)
NOPAT
702
908
1,196
1,568
1,862
2,292
2,227
Capital Expenditures
(98)
(121)
(150)
(185)
(203)
(246)
(246)
NWC Investment
1,204
1,400
1,868
2,254
2,170
1,772
785
(+) D&A
55
131
156
193
196
151
234
Free Cash Flow
1,862
2,318
3,069
3,829
4,025
3,969
3,000
% Growth
24%
32%
25%
5%
-1%
-24%
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