Discounted Cash Flow
Biglari Holdings Inc.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2017 | $839.8m | $50.1m | $17.7m | 6.0% | $136.01 |
| 2018 | $809.9m (-3.6%) | $19.4m (-61.3%) | $5.4m (-69.7%) | 2.4% (-59.8%) | $55.71 (-59.0%) |
| 2019 | $668.8m (-17.4%) | $45.4m (134.0%) | $76.0m (1311.4%) | 6.8% (183.4%) | $157.97 (183.6%) |
| 2020 | $433.7m (-35.2%) | $-38.0m (-183.7%) | $96.9m (27.4%) | -8.8% (-229.1%) | $-132.06 (-183.6%) |
| 2021 | $366.1m (-15.6%) | $35.5m (193.4%) | $164.2m (69.6%) | 9.7% (210.6%) | $134.20 (201.6%) |
| 2022 | $368.2m (0.6%) | $-32.0m (-190.2%) | $98.1m (-40.3%) | -8.7% (-189.7%) | $-128.92 (-196.1%) |
| 2023 | $365.3m (-0.8%) | $54.9m (271.6%) | $49.6m (-49.4%) | 15.0% (273.0%) | $227.39 (276.4%) |
| 2024 | $362.1m (-0.9%) | $-3.8m (-106.8%) | $19.1m (-61.6%) | -1.0% (-106.9%) | $-16.14 (-107.1%) |
| 2025 | $395.3m (9.2%) | $-37.5m (-897.3%) | $76.6m (301.8%) | -9.5% (-813.7%) | $-172.63 (-969.6%) |
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): —
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.