Discounted Cash Flow

AIR T Inc.

AIRT · Based on 10 years of SEC filings

DCF estimate unavailable — only_3_profitable_out_of_10

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

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 $148.2m $1.2m $2.0m 0.8% $1.58
2017 $-2 (-100.0%) $1.7m (46.0%) $-9.9m (-603.0%) -114612384.1% (-14333650338.8%) $-2.33 (-246.9%)
2018 $194.5m (12882075927.8%) $-179.5k (-110.4%) $-20.5m (-107.0%) -0.1% (100.0%) $1.20 (151.7%)
2019 $215.5m (10.8%) $-1.9m (-936.2%) $19.6m (195.7%) -0.9% (-835.3%) $1.57 (30.8%)
2020 $236.8m (9.9%) $-3.6m (-92.3%) $-27.5m (-240.3%) -1.5% (-75.0%) $4.02 (155.9%)
2021 $175.1m (-26.0%) $1.1m (131.1%) $-5.7m (79.2%) 0.6% (142.1%) $-2.91 (-172.3%)
2022 $177.1m (1.1%) $-1.3m (-216.7%) $-34.6m (-505.4%) -0.7% (-215.4%) $4.25 (245.8%)
2023 $247.3m (39.7%) $-510.0k (60.7%) $15.7m (145.4%) -0.2% (71.9%) $-4.14 (-197.5%)
2024 $286.8m (16.0%) $-2.1m (-318.6%) $16.1m (2.4%) -0.7% (-261.0%) $-1.66 (59.8%)
2025 $291.9m (1.7%) $-729.0k (65.9%) $22.4m (39.2%) -0.2% (66.4%) $-1.97 (-18.3%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

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

only_3_profitable_out_of_10

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.