Discounted Cash Flow
Heritage Financial Corp. /Wa/
—
—
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 | — | $38.9m | $47.3m | — | $1.30 |
| 2017 | — | $41.8m (7.4%) | $70.5m (49.1%) | — | $1.39 (6.9%) |
| 2018 | — | $53.1m (27.0%) | $59.2m (-16.0%) | — | $1.49 (7.2%) |
| 2019 | — | $67.6m (27.3%) | $74.6m (26.0%) | — | $1.84 (23.5%) |
| 2020 | — | $46.6m (-31.1%) | $63.3m (-15.1%) | — | $1.29 (-29.9%) |
| 2021 | — | $98.0m (110.5%) | $66.5m (5.0%) | — | $2.75 (113.2%) |
| 2022 | — | $81.9m (-16.5%) | $90.4m (36.0%) | — | $2.33 (-15.3%) |
| 2023 | — | $61.8m (-24.6%) | $99.1m (9.6%) | — | $1.76 (-24.5%) |
| 2024 | — | $43.3m (-30.0%) | $61.0m (-38.5%) | — | $1.26 (-28.4%) |
| 2025 | — | $67.5m (56.1%) | $85.7m (40.4%) | — | $1.99 (57.9%) |
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.