Discounted Cash Flow

Getty Realty Corp. /Md/ REIT

GTY · 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 $115.3m $38.4m $36.9m 33.3%
2017 $120.2m (4.2%) $47.2m (22.8%) $56.7m (53.9%) 39.3% (17.8%)
2018 $136.1m (13.3%) $47.7m (1.1%) $63.3m (11.6%) 35.1% (-10.7%) $1.17
2019 $140.7m (3.3%) $49.7m (4.2%) $76.8m (21.2%) 35.4% (0.9%) $1.19 (1.7%)
2020 $147.3m (4.8%) $69.4m (39.5%) $82.8m (7.9%) 47.1% (33.2%) $1.62 (36.1%)
2021 $155.4m (5.5%) $62.9m (-9.4%) $86.5m (4.5%) 40.4% (-14.1%) $1.37 (-15.4%)
2022 $165.6m (6.6%) $90.0m (43.2%) $93.1m (7.6%) 54.4% (34.4%) $1.88 (37.2%)
2023 $185.8m (12.2%) $60.2m (-33.2%) $105.0m (12.8%) 32.4% (-40.5%) $1.16 (-38.3%)
2024 $203.4m (9.4%) $71.1m (18.1%) $129.6m (23.5%) 34.9% (8.0%) $1.26 (8.6%)
2025 $221.7m (9.0%) $79.2m (11.4%) $127.0m (-2.0%) 35.7% (2.2%) $1.35 (7.1%)

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