Discounted Cash Flow

Bjs Restaurants Inc.

BJRI · 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 $45.6m $-108.0m $1.91
2017 $1.0b $44.8m (-1.7%) $67.6m (162.6%) 4.3% $2.10 (9.9%)
2018 $1.1b (8.3%) $50.8m (13.5%) $36.3m (-46.3%) 4.5% (4.8%) $2.42 (15.2%)
2019 $1.1b (0.0%) $50.8m (0.0%) $33.8m (-6.8%) 4.5% (0.0%) $2.42 (0.0%)
2020 $778.5m (-30.3%) $-57.9m (-213.9%) $-2.8m (-108.2%) -7.4% (-263.5%) $-2.74 (-213.2%)
2021 $1.1b (39.6%) $-3.6m (93.8%) $22.1m (893.7%) -0.3% (95.5%) $-0.16 (94.2%)
2022 $1.3b (18.1%) $4.1m (213.0%) $-27.5m (-224.4%) 0.3% (195.7%) $0.17 (206.2%)
2023 $1.3b (3.8%) $19.7m (382.3%) $6.9m (125.2%) 1.5% (364.5%) $0.84 (394.1%)
2024 $1.3b (0.0%) $19.7m (0.0%) $2.6m (-63.1%) 1.5% (0.0%) $0.84 (0.0%)
2025 $1.4b (4.9%) $48.8m (148.3%) $40.9m (1499.0%) 3.5% (136.6%) $2.22 (164.3%)

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