Discounted Cash Flow

Coastal Financial Corp.

CCB · 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 $38.7m $9.7m $13.3m 25.0% $0.93
2019 $48.6m (25.4%) $13.2m (36.1%) $12.5m (-6.0%) 27.2% (8.5%) $1.11 (19.4%)
2020 $63.0m (29.7%) $15.1m (14.7%) $14.0m (12.1%) 24.0% (-11.6%) $1.27 (14.4%)
2021 $83.1m (31.8%) $27.0m (78.3%) $27.3m (95.2%) 32.5% (35.3%) $2.25 (77.2%)
2022 $192.2m (131.3%) $40.6m (50.4%) $64.3m (135.8%) 21.1% (-35.0%) $3.14 (39.6%)
2023 $330.4m (71.9%) $44.6m (9.7%) $196.5m (205.8%) 13.5% (-36.2%) $3.36 (7.0%)
2024 $396.8m (20.1%) $45.2m (1.4%) $259.8m (32.2%) 11.4% (-15.5%) $3.35 (-0.3%)
2025 $429.6m (8.3%) $47.0m (3.9%) $252.2m (-2.9%) 10.9% (-4.0%) $3.12 (-6.9%)

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