Discounted Cash Flow

Nathans Famous, Inc.

NATH · 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)
2017 $96.7m $7.5m $9.3m 7.7%
2018 $104.2m (7.8%) $2.6m (-64.9%) $18.3m (97.1%) 2.5% (-67.4%)
2019 $101.8m (-2.3%) $21.5m (717.2%) $10.7m (-41.5%) 21.1% (736.1%)
2020 $103.3m (1.4%) $13.4m (-37.5%) $11.5m (7.2%) 13.0% (-38.4%)
2021 $75.8m (-26.6%) $11.1m (-17.6%) $11.2m (-2.3%) 14.6% (12.3%)
2022 $114.9m (51.5%) $13.6m (22.8%) $15.8m (41.2%) 11.8% (-19.0%)
2023 $130.8m (13.8%) $19.6m (44.3%) $19.2m (21.3%) 15.0% (26.8%)
2024 $138.6m (6.0%) $19.6m (-0.0%) $19.7m (2.5%) 14.2% (-5.7%)
2025 $148.2m (6.9%) $24.0m (22.5%) $25.0m (27.1%) 16.2% (14.6%)
2026 $162.1m (9.4%) $20.0m (-16.7%) $17.9m (-28.6%) 12.4% (-23.8%)

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