Discounted Cash Flow

Corecivic, Inc.

CXW · 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 $219.9m $240.8m 11.9% $1.87
2017 $1.8b (-4.6%) $178.0m (-19.0%) $226.6m (-5.9%) 10.1% (-15.2%) $1.51 (-19.3%)
2018 $1.8b (4.0%) $159.2m (-10.6%) $-164.3m (-172.5%) 8.7% (-14.0%) $1.34 (-11.3%)
2019 $2.0b (7.9%) $188.9m (18.6%) $163.6m (199.6%) 9.5% (10.0%) $1.59 (18.7%)
2020 $1.9b (-3.8%) $54.2m (-71.3%) $196.0m (19.8%) 2.8% (-70.2%) $0.45 (-71.7%)
2021 $1.9b (-2.2%) $-51.9m (-195.8%) $181.7m (-7.3%) -2.8% (-198.0%) $-0.43 (-195.6%)
2022 $1.8b (-0.9%) $122.3m (335.7%) $72.2m (-60.3%) 6.6% (337.9%) $1.03 (339.5%)
2023 $1.9b (2.8%) $67.6m (-44.7%) $161.6m (123.9%) 3.6% (-46.2%) $0.59 (-42.7%)
2024 $2.0b (3.4%) $68.9m (1.9%) $198.0m (22.5%) 3.5% (-1.5%) $0.62 (5.1%)
2025 $2.2b (12.7%) $116.5m (69.2%) $54.0m (-72.7%) 5.3% (50.1%) $1.09 (75.8%)

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