Discounted Cash Flow

Equity Bancshares Inc.

EQBK · 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 $9.4m $12.8m $1.09
2017 $20.6m (120.3%) $20.3m (58.9%) $1.66 (52.3%)
2018 $35.8m (73.5%) $27.8m (37.4%) $2.33 (40.4%)
2019 $25.6m (-28.6%) $41.6m (49.4%) $1.64 (-29.6%)
2020 $-75.0m (-393.1%) $34.1m (-18.0%) $-4.97 (-403.0%)
2021 $52.5m (170.0%) $97.6m (186.4%) $3.49 (170.2%)
2022 $57.7m (9.9%) $70.6m (-27.7%) $3.56 (2.0%)
2023 $7.8m (-86.4%) $61.0m (-13.7%) $0.50 (-86.0%)
2024 $62.6m (700.7%) $65.4m (7.2%) $4.04 (708.0%)
2025 $22.7m (-63.7%) $38.1m (-41.7%) $1.24 (-69.3%)

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