Discounted Cash Flow
Forward AIR Corp.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $982.5m | $27.7m | $88.2m | 2.8% | $0.91 |
| 2017 | $1.1b (12.0%) | $87.3m (215.6%) | $65.1m (-26.2%) | 7.9% (181.7%) | $2.90 (218.7%) |
| 2018 | $1.3b (20.0%) | $92.1m (5.4%) | $110.3m (69.4%) | 7.0% (-12.1%) | $3.14 (8.3%) |
| 2019 | $1.4b (6.8%) | $87.1m (-5.4%) | $130.8m (18.6%) | 6.2% (-11.4%) | $3.06 (-2.5%) |
| 2020 | $1.3b (-10.0%) | $23.7m (-72.8%) | $75.8m (-42.0%) | 1.9% (-69.7%) | $0.84 (-72.5%) |
| 2021 | $1.7b (30.9%) | $105.9m (346.0%) | $85.8m (13.1%) | 6.4% (240.6%) | $3.87 (360.7%) |
| 2022 | $2.0b (18.7%) | $193.2m (82.5%) | $218.4m (154.5%) | 9.8% (53.7%) | $7.17 (85.3%) |
| 2023 | $1.4b (-30.5%) | $167.4m (-13.4%) | $168.5m (-22.8%) | 12.2% (24.7%) | $6.42 (-10.5%) |
| 2024 | $2.5b (80.5%) | $-817.0m (-588.2%) | $-106.1m (-163.0%) | -33.0% (-370.4%) | $-30.63 (-577.1%) |
| 2025 | $2.5b (0.8%) | $-107.8m (86.8%) | $15.3m (114.4%) | -4.3% (86.9%) | $-3.51 (88.5%) |
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): —
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.