Discounted Cash Flow

Highpeak Energy, Inc.

HPK · 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 $8.1m $-11.6m $-772.0k -142.7%
2020 $16.4m (102.1%)
2021 $220.1m (1242.2%) $55.6m $147.0m 25.2% $0.55
2022 $755.7m (243.3%) $236.9m (326.3%) $504.0m (242.8%) 31.3% (24.2%) $2.04 (270.9%)
2023 $1.1b (47.1%) $215.9m (-8.9%) $756.4m (50.1%) 19.4% (-38.0%) $1.64 (-19.6%)
2024 $1.1b (-3.8%) $95.1m (-56.0%) $690.4m (-8.7%) 8.9% (-54.2%) $0.69 (-57.9%)
2025 $863.4m (-19.3%) $19.0m (-80.1%) $19.0m (-97.3%) 2.2% (-75.3%) $0.13 (-81.2%)

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