Discounted Cash Flow

Crawford & Co.

CRD.A · 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 $1.2b $36.0m $88.5m 3.1%
2017 $1.2b (-1.2%) $27.7m (-23.1%) $21.7m (-75.5%) 2.4% (-22.2%)
2018 $1.1b (-3.5%) $26.0m (-6.1%) $38.4m (76.7%) 2.3% (-2.7%)
2019 $1.0b (-6.7%) $12.5m (-51.9%) $66.5m (73.4%) 1.2% (-48.5%)
2020 $1.0b (-3.0%) $28.3m (126.6%) $79.0m (18.7%) 2.8% (133.7%)
2021 $1.1b (12.1%) $30.7m (8.5%) $45.1m (-42.9%) 2.7% (-3.2%)
2022 $1.2b (8.1%) $-18.3m (-159.6%) $20.8m (-53.9%) -1.5% (-155.2%)
2023 $1.3b (7.0%) $30.6m (267.2%) $98.9m (375.6%) 2.3% (256.3%)
2024 $1.3b (1.8%) $26.6m (-13.1%) $45.4m (-54.1%) 2.0% (-14.7%)
2025 $1.3b (-2.2%) $19.6m (-26.2%) $94.8m (108.8%) 1.5% (-24.5%)

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