Discounted Cash Flow

Covista Inc.

CVSA · 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 $1.8b $-3.2m $162.2m -0.2% $-0.05
2017 $1.8b (-1.8%) $122.3m (3962.4%) $179.0m (10.4%) 6.8% (4034.4%) $1.93 (3960.0%)
2018 $1.2b (-32.0%) $33.8m (-72.4%) $172.7m (-3.5%) 2.7% (-59.4%) $0.55 (-71.5%)
2019 $1.2b (0.7%) $95.2m (181.8%) $140.1m (-18.9%) 7.7% (179.9%) $1.63 (196.4%)
2020 $1.1b (-15.1%) $-85.3m (-189.7%) $63.6m (-54.6%) -8.1% (-205.7%) $-1.59 (-197.5%)
2021 $1.1b (5.7%) $76.9m (190.1%) $143.5m (125.8%) 6.9% (185.2%) $1.50 (194.3%)
2022 $1.4b (24.7%) $317.7m (313.1%) $-20.6m (-114.4%) 22.9% (231.3%) $6.57 (338.0%)
2023 $1.5b (4.6%) $93.4m (-70.6%) $165.9m (904.2%) 6.4% (-71.9%) $2.08 (-68.3%)
2024 $1.6b (9.2%) $136.8m (46.5%) $246.9m (48.8%) 8.6% (34.1%) $3.47 (66.8%)
2025 $1.8b (12.9%) $237.1m (73.3%) $287.6m (16.5%) 13.3% (53.6%) $6.39 (84.1%)

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