Discounted Cash Flow

NI Holdings, Inc.

NODK · Based on 10 years of SEC filings

DCF estimate unavailable — only_6_profitable_out_of_10

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 $164.3m $4.6m $6.8m 2.8%
2017 $189.1m (15.1%) $16.0m (251.4%) $17.1m (152.9%) 8.5% (205.3%) $0.71
2018 $212.4m (12.3%) $31.1m (94.4%) $19.4m (13.5%) 14.6% (73.1%) $1.39 (95.8%)
2019 $270.8m (27.5%) $26.4m (-15.1%) $24.4m (25.6%) 9.8% (-33.4%) $1.19 (-14.4%)
2020 $306.4m (13.1%) $40.4m (53.0%) $50.5m (107.0%) 13.2% (35.2%) $1.86 (56.3%)
2021 $324.0m (5.8%) $8.4m (-79.2%) $28.5m (-43.6%) 2.6% (-80.3%) $0.39 (-79.0%)
2022 $324.4m (0.1%) $-53.1m (-730.9%) $-31.6m (-210.8%) -16.4% (-730.0%) $-2.49 (-738.5%)
2023 $365.7m (12.7%) $-5.5m (89.7%) $25.0m (179.2%) -1.5% (90.9%) $-0.26 (89.6%)
2024 $325.2m (-11.1%) $-6.1m (-10.7%) $37.5m (50.1%) -1.9% (-24.4%) $-0.29 (-11.5%)
2025 $285.1m (-12.3%) $-10.4m (-71.8%) $-15.5m (-141.3%) -3.7% (-96.0%) $-0.50 (-72.4%)

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

only_6_profitable_out_of_10

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.