Discounted Cash Flow

BAR Harbor Bankshares

BHB · 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
Dividends

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 $57.7m $14.9m $12.5m 25.9% $2.47
2017 $118.1m (104.7%) $26.0m (74.1%) $37.0m (195.9%) 22.0% (-15.0%) $1.71 (-30.8%)
2018 $118.8m (0.6%) $32.9m (26.7%) $32.9m (-10.9%) 27.7% (26.0%) $2.13 (24.6%)
2019 $118.9m (0.1%) $22.6m (-31.3%) $27.2m (-17.3%) 19.0% (-31.4%) $1.46 (-31.5%)
2020 $142.1m (19.6%) $33.2m (47.0%) $31.4m (15.4%) 23.4% (22.9%) $2.18 (49.3%)
2021 $137.8m (-3.0%) $39.3m (18.2%) $58.8m (87.2%) 28.5% (21.9%) $2.63 (20.6%)
2022 $148.3m (7.6%) $43.6m (10.8%) $55.1m (-6.3%) 29.4% (3.0%) $2.90 (10.3%)
2023 $152.7m (3.0%) $44.9m (3.0%) $40.9m (-25.8%) 29.4% (-0.0%) $2.96 (2.1%)
2024 $150.7m (-1.3%) $43.5m (-2.9%) $45.0m (10.0%) 28.9% (-1.6%) $2.86 (-3.4%)
2025 $168.9m (12.1%) $36.9m (-15.2%) $43.5m (-3.4%) 21.9% (-24.4%) $2.32 (-18.9%)

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