Discounted Cash Flow

Cracker Barrel OLD Country Store, Inc.

CBRL · 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 $2.9b $189.3m $157.4m 6.5% $7.91
2017 $2.9b (0.5%) $201.9m (6.7%) $210.2m (33.6%) 6.9% (6.1%) $8.40 (6.2%)
2018 $3.0b (3.6%) $247.6m (22.6%) $178.4m (-15.1%) 8.2% (18.4%) $10.31 (22.7%)
2019 $3.1b (1.4%) $223.4m (-9.8%) $224.5m (25.9%) 7.3% (-11.0%) $9.29 (-9.9%)
2020 $2.5b (-17.9%) $-32.5m (-114.5%) $-136.3m (-160.7%) -1.3% (-117.7%) $-1.36 (-114.6%)
2021 $2.8b (11.8%) $254.5m (883.7%) $230.5m (269.1%) 9.0% (800.8%) $10.74 (889.7%)
2022 $3.3b (15.8%) $131.9m (-48.2%) $106.9m (-53.6%) 4.0% (-55.3%) $5.69 (-47.0%)
2023 $3.4b (5.4%) $99.0m (-24.9%) $123.5m (15.5%) 2.9% (-28.7%) $4.47 (-21.4%)
2024 $3.5b (0.8%) $40.9m (-58.7%) $40.7m (-67.0%) 1.2% (-59.0%) $1.84 (-58.8%)
2025 $3.5b (0.4%) $46.4m (13.3%) $59.8m (46.9%) 1.3% (12.9%) $2.08 (13.0%)

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