Discounted Cash Flow
First Horizon Corp.
—
—
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 | $1.3b | $227.0m | $118.6m | 17.9% | $0.95 |
| 2017 | $1.3b (4.9%) | $165.5m (-27.1%) | $-17.4m (-114.6%) | 12.4% (-30.5%) | $0.66 (-30.5%) |
| 2018 | $1.9b (45.3%) | $545.0m (229.3%) | $234.3m (1449.8%) | 28.2% (126.6%) | $1.66 (151.5%) |
| 2019 | $1.8b (-6.1%) | $440.9m (-19.1%) | $830.3m (254.4%) | 24.3% (-13.8%) | $1.39 (-16.3%) |
| 2020 | $1.9b (4.4%) | $845.0m (91.6%) | $172.0m (-79.3%) | 44.5% (83.5%) | $1.90 (36.7%) |
| 2021 | $2.2b (13.7%) | $999.0m (18.2%) | $741.0m (330.8%) | 46.3% (4.0%) | $1.76 (-7.4%) |
| 2022 | $2.7b (24.3%) | $900.0m (-9.9%) | $2.3b (205.4%) | 33.5% (-27.5%) | $1.62 (-8.0%) |
| 2023 | $4.1b (52.8%) | $897.0m (-0.3%) | $1.3b (-44.2%) | 21.9% (-34.8%) | $1.58 (-2.5%) |
| 2024 | $3.2b (-22.2%) | $775.0m (-13.6%) | $1.2b (-3.0%) | 24.3% (11.0%) | $1.37 (-13.3%) |
| 2025 | $3.4b (7.2%) | $982.0m (26.7%) | $595.0m (-51.4%) | 28.7% (18.2%) | $1.89 (38.0%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
Values abbreviated: b = billions, m = millions, k = thousands.
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.