Discounted Cash Flow

Bancfirst Corp. /Ok/

BANF · Based on 10 years of SEC filings

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 $70.7m $79.7m $4.53
2017 $86.4m (22.3%) $86.5m (8.5%) $2.72 (-40.0%)
2018 $125.8m (45.6%) $79.3m (-8.4%) $3.85 (41.5%)
2019 $134.9m (7.2%) $131.9m (66.4%) $4.13 (7.3%)
2020 $99.6m (-26.2%) $87.9m (-33.4%) $3.05 (-26.2%)
2021 $167.6m (68.3%) $162.5m (84.9%) $5.12 (67.9%)
2022 $193.1m (15.2%) $206.5m (27.0%) $5.89 (15.0%)
2023 $212.5m (10.0%) $210.5m (2.0%) $6.45 (9.5%)
2024 $216.4m (1.8%) $224.5m (6.7%) $6.55 (1.6%)
2025 $240.6m (11.2%) $237.0m (5.5%) $7.22 (10.2%)

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