Discounted Cash Flow
First Financial Bankshares Inc.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | — | $104.8m | $160.7m | — | $1.59 |
| 2017 | — | $120.4m (14.9%) | $190.3m (18.4%) | — | $1.82 (14.5%) |
| 2018 | — | $150.6m (25.1%) | $189.0m (-0.7%) | — | $2.23 (22.5%) |
| 2019 | — | $164.8m (9.4%) | $204.1m (8.0%) | — | $1.22 (-45.3%) |
| 2020 | — | $202.0m (22.6%) | $210.7m (3.2%) | — | $1.42 (16.4%) |
| 2021 | — | $227.6m (12.6%) | $353.2m (67.7%) | — | $1.60 (12.7%) |
| 2022 | — | $234.5m (3.0%) | $308.5m (-12.7%) | — | $1.64 (2.5%) |
| 2023 | — | $199.0m (-15.1%) | $267.6m (-13.3%) | — | $1.39 (-15.2%) |
| 2024 | — | $223.5m (12.3%) | $292.9m (9.5%) | — | $1.56 (12.2%) |
| 2025 | — | $253.6m (13.5%) | $286.0m (-2.4%) | — | $1.77 (13.5%) |
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): —
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.