Discounted Cash Flow

Northwest Natural Holding Co.

NWN · Based on 10 years of SEC filings

DCF estimate unavailable — No positive free cash flow in recent history — company has not generated positive FCF

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

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 $755.0m $-55.6m $-6.6m -7.4%
2018 $706.1m (-6.5%) $64.6m (216.1%) $-45.9m (-592.7%) 9.1% (224.1%)
2019 $746.4m (5.7%) $61.7m (-4.4%) $-38.2m (16.8%) 8.3% (-9.5%)
2020 $773.7m (3.7%) $76.8m (24.4%) $-130.0m (-240.5%) 9.9% (20.0%)
2021 $860.4m (11.2%) $78.7m (2.5%) $-133.5m (-2.7%) 9.1% (-7.9%)
2022 $1.0b (20.6%) $86.3m (9.7%) $-190.9m (-43.0%) 8.3% (-9.0%)
2023 $1.2b (15.4%) $93.9m (8.8%) $-47.4m (75.2%) 7.8% (-5.8%)
2024 $1.2b (-3.7%) $78.9m (-16.0%) $-194.1m (-309.5%) 6.8% (-12.7%)
2025 $1.3b (11.8%) $113.3m (43.7%) $-197.8m (-1.9%) 8.8% (28.5%)

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

No positive free cash flow in recent history — company has not generated positive FCF

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