Discounted Cash Flow

Bowman Consulting Group Ltd.

BWMN · 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)
2018 $410.1m $15.3m $28.3m 3.7% $0.61
2019 $719.1m (75.4%) $36.9m (141.3%) $918.0k (-96.8%) 5.1% (37.6%) $1.45 (137.7%)
2020 $122.0m (-83.0%) $935.0k (-97.5%) $9.8m (972.5%) 0.8% (-85.1%) $0.18 (-87.4%)
2021 $150.0m (22.9%) $243.0k (-74.0%) $3.8m (-61.3%) 0.2% (-78.9%) $0.04 (-78.3%)
2022 $261.7m (74.5%) $4.2m (1637.4%) $8.3m (116.9%) 1.6% (895.6%) $0.46 (1057.0%)
2023 $346.3m (32.3%) $-6.6m (-256.9%) $9.6m (16.5%) -1.9% (-218.6%) $-0.53 (-215.4%)
2024 $426.6m (23.2%) $2.8m (142.3%) $23.7m (145.9%) 0.7% (134.4%) $0.19 (136.3%)
2025 $490.0m (14.9%) $12.2m (336.1%) $33.4m (41.2%) 2.5% (279.6%) $0.78 (306.5%)

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