Discounted Cash Flow

Franklin Covey Co.

FC · 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 $200.1m $7.0m $28.7m 3.5% $0.47
2017 $185.3m (-7.4%) $-7.2m (-202.2%) $10.2m (-64.5%) -3.9% (-210.4%) $-0.52 (-210.6%)
2018 $209.8m (13.2%) $-5.9m (17.9%) $10.3m (1.6%) -2.8% (27.5%) $-0.43 (17.3%)
2019 $225.4m (7.4%) $-1.0m (82.6%) $26.3m (154.5%) -0.5% (83.8%) $-0.07 (83.7%)
2020 $198.5m (-11.9%) $-9.4m (-822.3%) $23.4m (-11.1%) -4.8% (-947.3%) $-0.68 (-871.4%)
2021 $224.2m (13.0%) $13.6m (244.4%) $44.6m (90.7%) 6.1% (227.8%) $0.97 (242.6%)
2022 $262.8m (17.3%) $18.4m (35.3%) $49.1m (10.1%) 7.0% (15.4%) $1.30 (34.0%)
2023 $280.5m (6.7%) $17.8m (-3.5%) $31.2m (-36.4%) 6.3% (-9.6%) $1.30 (0.0%)
2024 $287.2m (2.4%) $23.4m (31.6%) $56.6m (81.2%) 8.1% (28.5%) $1.78 (36.9%)
2025 $267.1m (-7.0%) $3.1m (-86.9%) $20.7m (-63.4%) 1.1% (-85.9%) $0.24 (-86.5%)

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