Discounted Cash Flow

Franklin Street Properties Corp. /Ma/ REIT

FSP · Based on 10 years of SEC filings

DCF estimate unavailable — No positive free cash flow in recent history — company has not generated positive FCF

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 $249.9m $8.4m $57.0m 3.4% $0.08
2017 $272.6m (9.1%) $-15.9m (-290.3%) $41.7m (-26.7%) -5.8% (-274.5%) $-0.15 (-287.5%)
2018 $268.9m (-1.4%) $13.1m (182.0%) $29.1m (-30.2%) 4.9% (183.1%) $0.12 (180.0%)
2019 $269.1m (0.1%) $6.5m (-50.5%) $11.2m (-61.7%) 2.4% (-50.5%) $0.06 (-50.0%)
2020 $245.8m (-8.6%) $32.6m (403.7%) $-9.5m (-184.8%) 13.3% (451.3%) $0.30 (400.0%)
2021 $209.4m (-14.8%) $92.7m (184.3%) $-28.5m (-200.6%) 44.3% (233.8%) $0.87 (190.0%)
2022 $165.6m (-20.9%) $1.1m (-98.8%) $-39.7m (-39.4%) 0.7% (-98.5%) $0.01 (-98.9%)
2023 $145.7m (-12.0%) $-48.1m (-4497.6%) $-13.8m (65.3%) -33.0% (-5098.5%) $-0.47 (-4800.0%)
2024 $120.1m (-17.6%) $-52.7m (-9.6%) $-16.2m (-17.8%) -43.9% (-32.9%) $-0.51 (-8.5%)
2025 $107.2m (-10.8%) $-45.0m (14.7%) $-12.7m (22.0%) -42.0% (4.4%) $-0.43 (15.7%)

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

No positive free cash flow in recent history — company has not generated positive FCF

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