Discounted Cash Flow

Napco Security Technologies, Inc.

NSSC · 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 $82.5m $5.8m $8.5m 7.0% $0.31
2017 $87.4m (5.9%) $5.6m (-3.0%) $1.0m (-87.8%) 6.4% (-8.4%) $0.30 (-3.2%)
2018 $91.7m (5.0%) $7.6m (36.6%) $6.6m (536.8%) 8.3% (30.1%) $0.41 (36.7%)
2019 $102.9m (12.2%) $12.2m (59.8%) $6.7m (1.2%) 11.9% (42.4%) $0.66 (61.0%)
2020 $101.4m (-1.5%) $8.5m (-30.3%) $8.7m (30.4%) 8.4% (-29.2%) $0.46 (-30.3%)
2021 $114.0m (12.5%) $15.4m (80.9%) $22.0m (152.9%) 13.5% (60.8%) $0.42 (-8.7%)
2022 $143.6m (25.9%) $19.6m (27.2%) $6.8m (-68.8%) 13.6% (1.0%) $0.53 (26.2%)
2023 $170.0m (18.4%) $27.1m (38.4%) $21.7m (217.3%) 16.0% (16.9%) $0.74 (39.6%)
2024 $188.8m (11.1%) $49.8m (83.6%) $43.8m (101.4%) 26.4% (65.3%) $1.35 (82.4%)
2025 $181.6m (-3.8%) $43.4m (-12.9%) $51.4m (17.4%) 23.9% (-9.4%) $1.20 (-11.1%)

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):

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