Discounted Cash Flow

MYR Group Inc.

MYRG · 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 $21.4m $29.1m $1.25
2017 $21.2m (-1.3%) $-40.0m (-237.5%) $1.30 (4.0%)
2018 $1.5b $31.1m (47.0%) $34.1m (185.1%) 2.0% $1.89 (45.4%)
2019 $2.1b (35.3%) $37.7m (21.2%) $7.1m (-79.3%) 1.8% (-10.4%) $2.27 (20.1%)
2020 $2.2b (8.5%) $58.8m (55.9%) $130.8m (1750.0%) 2.6% (43.7%) $3.52 (55.1%)
2021 $2.5b (11.2%) $85.0m (44.7%) $84.9m (-35.1%) 3.4% (30.1%) $5.05 (43.5%)
2022 $3.0b (20.4%) $83.4m (-1.9%) $90.4m (6.6%) 2.8% (-18.6%) $4.98 (-1.4%)
2023 $3.6b (21.1%) $91.0m (9.1%) $-13.7m (-115.2%) 2.5% (-9.9%) $5.45 (9.4%)
2024 $3.4b (-7.7%) $30.3m (-66.7%) $11.2m (181.5%) 0.9% (-64.0%) $1.84 (-66.2%)
2025 $3.7b (8.8%) $118.4m (291.3%) $232.2m (1977.4%) 3.2% (259.7%) $7.57 (311.4%)

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