Discounted Cash Flow

Financial Institutions Inc.

FISI · Based on 10 years of SEC filings

DCF estimate unavailable — loss_in_2024

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

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 $115.2m $31.9m $39.1m 27.7% $2.11
2017 $130.1m (12.9%) $33.5m (5.0%) $38.5m (-1.4%) 25.8% (-7.0%) $2.13 (0.9%)
2018 $152.7m (17.4%) $39.5m (17.9%) $62.3m (61.6%) 25.9% (0.4%) $2.39 (12.2%)
2019 $168.8m (10.5%) $48.9m (23.6%) $54.1m (-13.2%) 28.9% (11.9%) $2.97 (24.3%)
2020 $161.3m (-4.4%) $38.3m (-21.6%) $39.2m (-27.5%) 23.8% (-17.9%) $2.30 (-22.6%)
2021 $167.2m (3.7%) $77.7m (102.7%) $63.6m (62.2%) 46.5% (95.5%) $4.81 (109.1%)
2022 $196.1m (17.3%) $56.6m (-27.2%) $125.2m (97.0%) 28.8% (-37.9%) $3.58 (-25.6%)
2023 $286.1m (45.9%) $50.3m (-11.2%) $7.9m (-93.7%) 17.6% (-39.1%) $3.17 (-11.5%)
2024 $313.2m (9.5%) $-41.6m (-182.9%) $72.2m (813.1%) -13.3% (-175.7%) $-2.75 (-186.8%)
2025 $333.0m (6.3%) $74.9m (279.8%) $13.3m (-81.6%) 22.5% (269.1%) $3.65 (232.7%)

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

loss_in_2024

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.