Discounted Cash Flow

Firstsun Capital Bancorp

FSUN · 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)
2019 $155.8m $20.5m $-3.0m 13.2% $1.05
2020 $156.8m (0.6%) $47.6m (132.1%) $-6.7m (-122.6%) 30.3% (130.6%) $2.60 (147.6%)
2021 $169.4m (8.0%) $43.2m (-9.3%) $109.7m (1736.1%) 25.5% (-16.0%) $2.36 (-9.2%)
2022 $266.8m (57.5%) $59.2m (37.1%) $94.7m (-13.6%) 22.2% (-13.0%) $2.55 (8.1%)
2023 $413.7m (55.0%) $103.5m (74.9%) $120.9m (27.6%) 25.0% (12.8%) $4.15 (62.7%)
2024 $459.5m (11.1%) $75.6m (-27.0%) $95.7m (-20.8%) 16.5% (-34.2%) $2.76 (-33.5%)
2025 $467.8m (1.8%) $97.9m (29.5%) $104.0m (8.6%) 20.9% (27.2%) $3.52 (27.5%)

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