Discounted Cash Flow
Lincoln Educational Services Corp.
—
—
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 | $196.9m | $-28.3m | $-9.7m | -14.4% | $-1.21 |
| 2017 | $261.9m (33.0%) | $-11.5m (59.4%) | $-16.1m (-65.7%) | -4.4% (69.5%) | $-0.48 (60.3%) |
| 2018 | $263.2m (0.5%) | $-6.5m (43.0%) | $-6.4m (60.2%) | -2.5% (43.3%) | $-0.27 (43.7%) |
| 2019 | $273.3m (3.9%) | $2.0m (130.8%) | $-4.4m (31.2%) | 0.7% (129.6%) | $0.08 (129.6%) |
| 2020 | $293.1m (7.2%) | $48.6m (2310.2%) | $17.9m (507.2%) | 16.6% (2147.7%) | $1.49 (1762.5%) |
| 2021 | $335.3m (14.4%) | $34.7m (-28.5%) | $19.9m (11.2%) | 10.4% (-37.5%) | $1.04 (-30.2%) |
| 2022 | $348.3m (3.9%) | $12.6m (-63.6%) | $-8.1m (-140.7%) | 3.6% (-65.0%) | $0.36 (-65.4%) |
| 2023 | $378.1m (8.6%) | $26.0m (105.8%) | $-15.1m (-86.8%) | 6.9% (89.6%) | $0.86 (138.9%) |
| 2024 | $440.1m (16.4%) | $9.9m (-62.0%) | $-27.6m (-82.0%) | 2.2% (-67.3%) | $0.32 (-62.8%) |
| 2025 | $518.2m (17.8%) | $20.0m (102.2%) | $-27.3m (0.9%) | 3.9% (71.7%) | $0.65 (103.1%) |
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): —
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.