Forecast

Financial forecast

Project revenue, EBITDA, net income and free cash flow for the next 5 or 10 years. Growth starts at the same rate the valuation uses and fades to the long-run rate, with margins held at today's level. Bear and bull cases move growth by the company's own revenue volatility. It is a model of what the assumptions imply, not a prediction.

Vivmark Residential (VMRK)

Price updated 06 Nov 2026 09:57; TTM through 30 Jun 2026; TTM financials updated 05 Nov 2026 16:07.

Starts from TTM through 30 Jun 2026 financials in USD and a share price of USD 65.25. Growth begins at 22.6% a year (the valuation's blended assumption) and fades to 2.3% by year 10. Margins held at EBITDA 72.5%, net 27.9%, free cash flow 37.5% of revenue. Bear and bull move starting growth by 1.5 points and long-run growth by 1 point.

Year 1 uses analyst consensus revenue growth (49.2%); year 2 is halfway back to the model's own path.
USD 84.22Model fair value (Free-cash-flow DCF); range USD 54.74 to USD 139.61
29%Fair value vs today's price
LowModel confidence
25%Share of the gap to fair value the price closes by year 5

Confidence: Earnings-based DCF is somewhat apart; trailing-twelve-month data; profit and cash flow steady for 3 years; value is more than 1.5x the Earnings-based DCF value; real estate: free cash flow after property spending is a poor guide; funds from operations fit better.

19.1%/yrModel-implied annual total return over 10 years, base case (price plus dividends). Raw model level; the screener shows a calibrated ranking instead
USD 13.61BRevenue in year 10 (base)
USD 3.80BNet income in year 10 (base)
USD 5.10BFree cash flow in year 10 (base)
USD 9.90Dividend per share in year 10 (base)
USD 303.76Implied share price in year 10 (base), today USD 65.25
20.4%Year-10 free cash flow per share vs today's price

Free cash flow over time

USD 0 USD 1.42B USD 2.84B USD 4.26B USD 5.68B FY2022 FY2023 FY2024 FY2025 TTM through 30 Jun 2026 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
Solid: reported Dashed: base projection Shaded: bear to bull range
Free cash flow in year 10 by scenario
CaseStarting growthYear 10Annual growth
Bear 47.7% USD 4.58B 14.6%
Base 49.2% USD 5.10B 15.8%
Bull 50.7% USD 5.68B 17.1%

Base case by year

YearGrowthRevenueEBITDANet incomeFree cash flowEPSFCF / shareDividend / shareBook / shareImplied price
TTM through 30 Jun 2026– USD 3.14BUSD 2.27BUSD 875.36MUSD 1.18B 2.283.062.7427.3965.25
Year 149.2% USD 4.68BUSD 3.39BUSD 1.31BUSD 1.75B 3.404.573.4027.3998.79
Year 234.8% USD 6.31BUSD 4.58BUSD 1.76BUSD 2.37B 4.596.164.5927.39135.08
Year 318.1% USD 7.45BUSD 5.40BUSD 2.08BUSD 2.79B 5.427.285.4227.39161.81
Year 415.9% USD 8.63BUSD 6.26BUSD 2.41BUSD 3.24B 6.288.436.2827.39190.08
Year 513.6% USD 9.81BUSD 7.11BUSD 2.74BUSD 3.68B 7.139.587.1327.39218.90
Year 611.3% USD 10.92BUSD 7.92BUSD 3.05BUSD 4.09B 7.9410.667.9427.39243.72
Year 79.1% USD 11.91BUSD 8.64BUSD 3.32BUSD 4.47B 8.6611.638.6627.39265.85
Year 86.8% USD 12.73BUSD 9.23BUSD 3.55BUSD 4.77B 9.2512.439.2527.39283.98
Year 94.6% USD 13.31BUSD 9.65BUSD 3.71BUSD 4.99B 9.6712.999.6727.39296.93
Year 102.3% USD 13.61BUSD 9.87BUSD 3.80BUSD 5.10B 9.9013.299.9027.39303.76

EPS and free cash flow per share assume today's share count. Dividends assume today's payout ratio and book value grows with retained earnings. The implied share price follows the valuation models and is not a price target; override growth settings do not change the model fair value. Margins stay at today's level except where the notes say they drift toward their average, so it does not model margin expansion, buybacks, acquisitions or recessions. It is for information and education only and is not investment advice. See the methodology for how the growth rate is blended.