Discounted Cash Flow

Fidelity National Financial, Inc.

FNF · Based on 10 years of SEC filings

DCF estimate unavailable — no_upward_trend_net_income_yr1_2422000000.0_gte_yrN_602000000.0_window_5

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 $9.6b $650.0m $1.2b 6.8%
2017 $7.7b (-19.8%) $771.0m (18.6%) $737.0m (-36.6%) 10.1% (47.9%)
2018 $2.2b (-71.1%) $628.0m (-18.5%) $943.0m (28.0%) 28.3% (181.7%)
2019 $2.1b (-4.2%) $1.1b (69.1%) $1.1b (18.9%) 50.0% (76.6%)
2020 $2.4b (14.8%) $1.4b (34.4%) $1.6b (40.8%) 58.6% (17.1%) $5.02
2021 $2.9b (17.1%) $2.4b (69.7%) $4.1b (159.2%) 85.0% (45.0%) $8.50 (69.3%)
2022 $2.2b (-21.7%) $1.1b (-53.1%) $4.2b (3.1%) 50.9% (-40.1%) $4.13 (-51.4%)
2023 $1.9b (-16.5%) $517.0m (-54.5%) $517.0m (-87.7%) 27.8% (-45.5%) $1.91 (-53.8%)
2024 $1.9b (3.3%) $1.3b (145.6%) $6.7b (1189.9%) 66.0% (137.9%) $4.69 (145.5%)
2025 $2.1b (9.1%) $602.0m (-52.6%) $5.7b (-14.8%) 28.7% (-56.6%) $2.22 (-52.7%)

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):

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

no_upward_trend_net_income_yr1_2422000000.0_gte_yrN_602000000.0_window_5

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