Discounted Cash Flow

Idacorp Inc.

IDA · 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 $1.3b $198.3m $50.8m 15.7% $3.94
2017 $1.3b (6.9%) $212.4m (7.1%) $152.5m (200.5%) 15.7% (0.2%) $4.22 (7.1%)
2018 $1.3b (-2.8%) $226.8m (6.8%) $213.8m (40.1%) 17.3% (9.8%) $4.50 (6.6%)
2019 $1.3b (-2.0%) $232.9m (2.7%) $87.9m (-58.9%) 18.1% (4.8%) $4.61 (2.4%)
2020 $1.3b (0.1%) $237.4m (2.0%) $77.2m (-12.2%) 18.5% (1.9%) $4.70 (2.0%)
2021 $1.4b (7.5%) $245.6m (3.4%) $63.3m (-18.0%) 17.8% (-3.8%) $4.85 (3.2%)
2022 $1.6b (12.7%) $259.0m (5.5%) $-81.3m (-228.5%) 16.6% (-6.4%) $5.11 (5.4%)
2023 $1.6b (5.2%) $261.2m (0.9%) $-344.1m (-323.2%) 15.9% (-4.2%) $5.15 (0.8%)
2024 $1.8b (7.9%) $289.2m (10.7%) $-414.9m (-20.6%) 16.3% (2.6%) $5.50 (6.8%)
2025 $1.7b (-1.2%) $323.5m (11.9%) $-577.5m (-39.2%) 18.5% (13.3%) $5.96 (8.4%)

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