Discounted Cash Flow
Mercantile Bank 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 | — | $31.9m | $34.6m | — | $1.96 |
| 2017 | — | $31.3m (-2.0%) | $38.7m (11.7%) | — | $1.90 (-3.1%) |
| 2018 | — | $42.0m (34.4%) | $61.7m (59.7%) | — | $2.53 (33.2%) |
| 2019 | — | $49.5m (17.7%) | $44.8m (-27.5%) | — | $3.01 (19.0%) |
| 2020 | — | $44.1m (-10.8%) | $37.9m (-15.4%) | — | $2.71 (-10.0%) |
| 2021 | — | $59.0m (33.7%) | $64.6m (70.5%) | — | $3.69 (36.2%) |
| 2022 | — | $61.1m (3.5%) | $116.8m (81.0%) | — | $3.85 (4.3%) |
| 2023 | — | $82.2m (34.6%) | $59.9m (-48.7%) | — | $5.13 (33.2%) |
| 2024 | — | $79.6m (-3.2%) | $92.6m (54.5%) | — | $4.93 (-3.9%) |
| 2025 | — | $88.8m (11.5%) | $11.2m (-87.9%) | — | $5.47 (11.0%) |
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.