Discounted Cash Flow
Choiceone Financial Services Inc.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
| Dividends | — | — | — |
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 | $27.2m | $6.1m | $9.1m | 22.4% | $1.85 |
| 2017 | $28.4m (4.2%) | $6.2m (1.3%) | $6.4m (-29.4%) | 21.7% (-2.8%) | $1.79 (-3.2%) |
| 2018 | $29.0m (2.1%) | $7.3m (18.9%) | $5.7m (-10.7%) | 25.3% (16.4%) | $2.03 (13.4%) |
| 2019 | $36.9m (27.5%) | $7.2m (-2.2%) | $8.4m (46.8%) | 19.4% (-23.3%) | $1.58 (-22.2%) |
| 2020 | $73.8m (99.7%) | $15.6m (117.7%) | $6.6m (-21.5%) | 21.2% (9.0%) | $2.08 (31.6%) |
| 2021 | $79.8m (8.2%) | $22.0m (41.2%) | $34.9m (427.3%) | 27.6% (30.5%) | $2.87 (38.0%) |
| 2022 | $81.4m (1.9%) | $23.6m (7.2%) | $43.9m (25.5%) | 29.0% (5.2%) | $3.15 (9.8%) |
| 2023 | $80.8m (-0.7%) | $21.3m (-10.1%) | $42.2m (-3.7%) | 26.3% (-9.4%) | $2.82 (-10.5%) |
| 2024 | $92.4m (14.4%) | $26.7m (25.7%) | $46.9m (11.1%) | 28.9% (9.9%) | $3.27 (16.0%) |
| 2025 | $161.7m (75.0%) | $28.2m (5.4%) | $25.2m (-46.3%) | 17.4% (-39.7%) | $2.02 (-38.2%) |
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): —
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.