Discounted Cash Flow

Bank of Hawaii Corp.

BOH · 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 $121.0m $181.5m $226.5m 150.0% $4.26
2017 $128.5m (6.2%) $184.7m (1.8%) $175.1m (-22.7%) 143.7% (-4.2%) $4.37 (2.6%)
2018 $134.5m (4.6%) $219.6m (18.9%) $317.9m (81.5%) 163.3% (13.7%) $5.26 (20.4%)
2019 $143.8m (6.9%) $225.9m (2.9%) $234.2m (-26.3%) 157.1% (-3.8%) $5.59 (6.3%)
2020 $127.3m (-11.4%) $153.8m (-31.9%) $113.1m (-51.7%) 120.8% (-23.1%) $3.87 (-30.8%)
2021 $126.5m (-0.7%) $253.4m (64.7%) $354.8m (213.6%) 200.3% (65.8%) $6.29 (62.5%)
2022 $152.0m (20.2%) $225.8m (-10.9%) $304.2m (-14.3%) 148.5% (-25.9%) $5.50 (-12.6%)
2023 $186.3m (22.5%) $171.2m (-24.2%) $129.4m (-57.5%) 91.9% (-38.1%) $4.16 (-24.4%)
2024 $172.5m (-7.4%) $150.0m (-12.4%) $161.3m (24.7%) 86.9% (-5.4%) $3.48 (-16.3%)
2025 $179.1m (3.8%) $205.9m (37.3%) $184.3m (14.3%) 115.0% (32.2%) $4.67 (34.2%)

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