Discounted Cash Flow

Crossamerica Partners L.P. LP

CAPL · 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 $1.9b $10.7m $58.7m 0.6% $0.22
2017 $2.1b (12.0%) $23.2m (116.3%) $76.5m (30.4%) 1.1% (93.1%)
2018 $2.4b (16.8%) $5.3m (-77.3%) $76.0m (-0.6%) 0.2% (-80.6%)
2019 $2.1b (-12.1%) $18.1m (244.2%) $47.7m (-37.2%) 0.8% (291.7%)
2020 $1.9b (-10.1%) $107.5m (494.5%) $67.4m (41.3%) 5.6% (561.3%)
2021 $3.6b (85.2%) $21.7m (-79.8%) $53.6m (-20.5%) 0.6% (-89.1%) $0.57
2022 $5.0b (38.8%) $63.7m (194.2%) $131.0m (144.3%) 1.3% (112.0%) $1.63 (186.0%)
2023 $4.4b (-11.7%) $42.6m (-33.1%) $82.5m (-37.0%) 1.0% (-24.3%) $1.06 (-35.0%)
2024 $4.1b (-6.6%) $22.5m (-47.3%) $61.5m (-25.5%) 0.5% (-43.6%) $0.52 (-50.9%)
2025 $3.7b (-10.6%) $41.8m (86.3%) $55.8m (-9.3%) 1.1% (108.5%) $1.03 (98.1%)

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