Discounted Cash Flow
Black Hills Corp. /Sd/
—
—
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) |
|---|---|---|---|---|---|
| 2016 | $1.6b | $73.0m | $-154.3m | 4.6% | $1.41 |
| 2017 | $1.7b (6.8%) | $177.0m (142.6%) | $102.3m (166.3%) | 10.5% (127.1%) | $3.33 (136.2%) |
| 2018 | $1.7b (4.1%) | $258.4m (46.0%) | $31.3m (-69.4%) | 14.8% (40.3%) | $4.75 (42.6%) |
| 2019 | $1.7b (-1.3%) | $199.3m (-22.9%) | $-312.9m (-1100.0%) | 11.5% (-21.9%) | $3.29 (-30.7%) |
| 2020 | $1.7b (-2.6%) | $227.6m (14.2%) | $-225.5m (27.9%) | 13.5% (17.3%) | $3.65 (10.9%) |
| 2021 | $1.9b (14.9%) | $236.7m (4.0%) | $-742.1m (-229.0%) | 12.3% (-9.5%) | $3.74 (2.5%) |
| 2022 | $2.5b (31.7%) | $258.4m (9.1%) | $-19.6m (97.4%) | 10.2% (-17.1%) | $3.98 (6.4%) |
| 2023 | $2.3b (-9.5%) | $262.2m (1.5%) | $388.8m (2087.3%) | 11.4% (12.1%) | $3.91 (-1.8%) |
| 2024 | $2.1b (-8.8%) | $273.1m (4.2%) | $-24.9m (-106.4%) | 13.0% (14.3%) | $3.91 (0.0%) |
| 2025 | $2.3b (9.0%) | $291.6m (6.8%) | $-146.4m (-488.0%) | 12.8% (-2.0%) | $3.99 (2.0%) |
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.