Discounted Cash Flow

Barrett Business Services Inc.

BBSI · 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 $840.6m $18.8m $73.2m 2.2% $2.60
2017 $920.4m (9.5%) $25.2m (33.9%) $109.2m (49.1%) 2.7% (22.3%) $3.46 (33.1%)
2018 $940.7m (2.2%) $38.1m (51.2%) $64.1m (-41.3%) 4.0% (48.0%) $5.18 (49.7%)
2019 $942.3m (0.2%) $48.3m (26.9%) $66.3m (3.5%) 5.1% (26.7%) $6.48 (25.1%)
2020 $880.8m (-6.5%) $33.8m (-30.1%) $-36.5m (-155.1%) 3.8% (-25.2%) $4.46 (-31.2%)
2021 $955.2m (8.4%) $38.1m (12.8%) $-22.3m (39.1%) 4.0% (4.0%) $5.05 (13.2%)
2022 $1.1b (10.4%) $47.3m (24.1%) $11.8m (153.0%) 4.5% (12.5%) $6.63 (31.3%)
2023 $1.1b (1.4%) $50.6m (7.1%) $55.4m (369.3%) 4.7% (5.6%) $7.52 (13.4%)
2024 $1.1b (7.0%) $53.0m (4.7%) $-4.1m (-107.4%) 4.6% (-2.2%) $2.03 (-73.0%)
2025 $1.2b (8.4%) $54.4m (2.7%) $47.2m (1258.3%) 4.4% (-5.2%) $2.13 (4.9%)

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