Discounted Cash Flow
Boyd Gaming Corp.
—
—
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 | $2.2b | $418.0m | $142.5m | 19.1% | $3.65 |
| 2017 | $2.4b (9.9%) | $189.4m (-54.7%) | $232.1m (62.8%) | 7.9% (-58.8%) | $1.65 (-54.8%) |
| 2018 | $2.6b (9.4%) | $115.0m (-39.3%) | $273.0m (17.6%) | 4.4% (-44.5%) | $1.01 (-38.8%) |
| 2019 | $3.3b (26.6%) | $157.6m (37.0%) | $341.4m (25.0%) | 4.7% (8.2%) | $1.39 (37.6%) |
| 2020 | $2.2b (-34.5%) | $-134.7m (-185.5%) | $114.0m (-66.6%) | -6.2% (-230.5%) | $-1.19 (-185.6%) |
| 2021 | $3.4b (54.7%) | $463.8m (444.4%) | $811.0m (611.4%) | 13.8% (322.6%) | $4.07 (442.0%) |
| 2022 | $3.6b (5.5%) | $639.4m (37.8%) | $707.0m (-12.8%) | 18.0% (30.6%) | $5.87 (44.2%) |
| 2023 | $3.7b (5.2%) | $620.0m (-3.0%) | $540.6m (-23.5%) | 16.6% (-7.8%) | $6.12 (4.3%) |
| 2024 | $3.9b (5.1%) | $578.0m (-6.8%) | $556.7m (3.0%) | 14.7% (-11.3%) | $6.19 (1.1%) |
| 2025 | $4.1b (4.1%) | $1.8b (218.9%) | $388.5m (-30.2%) | 45.0% (206.3%) | $22.56 (264.5%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
Values abbreviated: b = billions, m = millions, k = thousands.
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.