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Discounted Cash Flow (DCF) Valuation of Ethereum by Ryan Allis at Coinstack
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Model built: April 19, 2021
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Model Inputs
Current Value Per ETH
DCF Value Per ETHExpected Increase
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Ethereum's revenue YTD$2,160,000,000$2,300$16,770629.13%
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Projected revenue for 2021$8,000,000,000
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Ethereum Discounted Cash Flow (DCF) Valuation
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ASSET NAME Ethereum Valuation Based on Present Value of Expected Cash Flows DATE COMPLETED INITIAL INVESTMENT
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Ethereum$1,937,612,802,3954/19/2021 DISCOUNT RATE 12%
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YEARYEAR DATE INCOME EXPECTED GROWTH DISCOUNTED CASH FLOW PRESENT VALUE NET PRESENT VALUE
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 NET CASH FLOWS PRESENT VALUE CUMULATIVE PRESENT VALUE
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12021 $ 8,000,000,000 150% $ 7,415,047,063 $ 7,415,047,063 $ 7,415,047,063 $ 6,620,577,735
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22022 $ 20,000,000,000 100% $ 15,943,877,551 $ 23,358,924,614 $ 15,358,924,614 $ 11,478,734,545
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32023 $ 40,000,000,000 50% $ 28,471,209,913 $ 51,830,134,526 $ 43,830,134,526 $ 34,175,808,774
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42024 $ 60,000,000,000 33% $ 38,131,084,704 $ 89,961,219,231 $ 81,961,219,231 $ 64,573,676,045
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52025 $ 79,800,000,000 33% $ 45,280,663,086 $ 135,241,882,317 $ 127,241,882,317 $ 100,671,143,429
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62026 $ 106,134,000,000 33% $ 53,770,787,415 $ 189,012,669,732 $ 181,012,669,732 $ 143,536,885,947
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72027 $ 141,158,220,000 33% $ 63,852,810,055 $ 252,865,479,787 $ 244,865,479,787 $ 194,439,955,188
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82028 $ 187,740,432,600 33% $ 75,825,211,941 $ 328,690,691,728 $ 320,690,691,728 $ 254,887,349,911
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92029 $ 249,694,775,358 33% $ 90,042,439,180 $ 418,733,130,908 $ 410,733,130,908 $ 326,668,631,144
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102030 $ 332,094,051,226 33% $ 106,925,396,526 $ 525,658,527,433 $ 517,658,527,433 $ 411,908,902,610
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112031 $ 441,685,088,131 25% $ 126,973,908,374 $ 652,632,435,808 $ 644,632,435,808 $ 513,131,724,974
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122032 $ 552,106,360,163 25% $ 141,711,951,311 $ 794,344,387,118 $ 786,344,387,118 $ 626,103,624,935
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132033 $ 690,132,950,204 25% $ 158,160,659,945 $ 952,505,047,063 $ 944,505,047,063 $ 752,188,334,713
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142034 $ 862,666,187,755 25% $ 176,518,593,689 $ 1,129,023,640,752 $ 1,121,023,640,752 $ 892,907,876,875
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152035 $ 1,078,332,734,694 20% $ 197,007,359,027 $ 1,326,030,999,779 $ 1,318,030,999,779 $ 1,049,960,937,324
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162036 $ 1,293,999,281,633 15% $ 211,079,313,244 $ 1,537,110,313,023 $ 1,529,110,313,023 $ 1,218,232,073,520
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172037 $ 1,488,099,173,878 15% $ 216,733,223,420 $ 1,753,843,536,443 $ 1,745,843,536,443 $ 1,391,010,472,292
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182038 $ 1,711,314,049,960 15% $ 222,538,577,619 $ 1,976,382,114,062 $ 1,968,382,114,062 $ 1,568,416,863,888
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192039 $ 1,968,011,157,454 15% $ 228,499,432,376 $ 2,204,881,546,438 $ 2,196,881,546,438 $ 1,750,575,212,403
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202040 $ 2,263,212,831,072 15% $ 234,619,952,886 $ 2,439,501,499,324 $ 2,431,501,499,324 $ 1,937,612,802,395
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