Discounted Cash Flow

Caseys General Stores Inc.

CASY · 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 $7.1b $226.0m $71.9m 3.2% $5.79
2017 $7.5b (5.4%) $177.5m (-21.5%) $25.9m (-64.0%) 2.4% (-25.5%) $4.54 (-21.6%)
2018 $8.4b (11.8%) $317.9m (79.1%) $-157.6m (-709.0%) 3.8% (60.2%) $8.41 (85.2%)
2019 $9.4b (11.5%) $203.9m (-35.9%) $135.9m (186.2%) 2.2% (-42.5%) $5.55 (-34.0%)
2020 $9.2b (-1.9%) $263.8m (29.4%) $65.3m (-51.9%) 2.9% (31.9%) $7.14 (28.6%)
2021 $8.7b (-5.1%) $312.9m (18.6%) $362.8m (455.3%) 3.6% (25.0%) $8.44 (18.2%)
2022 $13.0b (48.8%) $339.8m (8.6%) $462.3m (27.4%) 2.6% (-27.0%) $9.14 (8.3%)
2023 $15.1b (16.5%) $446.7m (31.5%) $405.4m (-12.3%) 3.0% (12.8%) $11.99 (31.2%)
2024 $14.9b (-1.5%) $502.0m (12.4%) $370.9m (-8.5%) 3.4% (14.1%) $13.51 (12.7%)
2025 $15.9b (7.3%) $546.5m (8.9%) $584.6m (57.6%) 3.4% (1.5%) $14.72 (9.0%)

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):

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