Discounted Cash Flow

Home Bancshares Inc.

HOMB · 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 $32.7m $177.1m $215.0m 542.3% $1.26
2017 $38.7m (18.6%) $135.1m (-23.7%) $171.7m (-20.1%) 348.7% (-35.7%) $0.90 (-28.6%)
2018 $50.1m (29.3%) $300.4m (122.4%) $294.3m (71.4%) 599.7% (72.0%) $1.73 (92.2%)
2019 $54.4m (8.6%) $289.5m (-3.6%) $232.5m (-21.0%) 532.0% (-11.3%) $1.73 (0.0%)
2020 $48.8m (-10.4%) $214.4m (-25.9%) $280.2m (20.5%) 439.9% (-17.3%) $1.30 (-24.9%)
2021 $49.7m (1.9%) $319.0m (48.8%) $379.1m (35.3%) 641.9% (45.9%) $1.94 (49.2%)
2022 $120.3m (142.0%) $305.3m (-4.3%) $404.2m (6.6%) 253.8% (-60.5%) $1.57 (-19.1%)
2023 $170.2m (41.5%) $392.9m (28.7%) $371.1m (-8.2%) 230.9% (-9.0%) $1.94 (23.6%)
2024 $156.7m (-7.9%) $402.2m (2.4%) $422.1m (13.7%) 256.6% (11.2%) $2.01 (3.6%)
2025 $136.9m (-12.7%) $475.4m (18.2%) $377.0m (-10.7%) 347.3% (35.3%) $2.41 (19.9%)

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):

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