Discounted Cash Flow

Flexsteel Industries Inc.

FLXS · 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 $500.1m $24.2m $47.0m 4.8% $3.19
2017 $468.8m (-6.3%) $23.8m (-1.9%) $12.9m (-72.5%) 5.1% (4.7%) $3.06 (-4.1%)
2018 $489.2m (4.4%) $17.7m (-25.7%) $-2.2m (-116.6%) 3.6% (-28.8%) $2.25 (-26.5%)
2019 $443.6m (-9.3%) $-32.6m (-284.6%) $-14.6m (-579.6%) -7.4% (-303.5%) $-4.13 (-283.6%)
2020 $366.9m (-17.3%) $-26.8m (17.7%) $14.6m (199.8%) -7.3% (0.5%) $-3.37 (18.4%)
2021 $478.9m (30.5%) $23.0m (185.9%) $-35.3m (-341.6%) 4.8% (165.8%) $3.20 (195.0%)
2022 $544.3m (13.6%) $1.9m (-92.0%) $4.1m (111.7%) 0.3% (-92.9%) $0.29 (-90.9%)
2023 $393.7m (-27.7%) $14.8m (697.5%) $18.2m (339.6%) 3.8% (1002.6%) $2.83 (875.9%)
2024 $412.8m (4.8%) $10.5m (-28.8%) $27.1m (49.0%) 2.6% (-32.0%) $2.04 (-27.9%)
2025 $441.1m (6.9%) $20.2m (91.4%) $33.7m (24.4%) 4.6% (79.1%) $3.84 (88.2%)

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