Discounted Cash Flow

Omega Healthcare Investors Inc. REIT

OHI · 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 $900.8m $366.4m $624.8m 40.7% $1.91
2017 $908.4m (0.8%) $100.4m (-72.6%) $577.9m (-7.5%) 11.1% (-72.8%) $0.51 (-73.3%)
2018 $881.7m (-2.9%) $281.6m (180.4%) $499.4m (-13.6%) 31.9% (188.9%) $1.41 (176.5%)
2019 $928.8m (5.3%) $2 (-100.0%) $553.7m (10.9%) 0.0% (-100.0%) $1.60 (13.5%)
2020 $892.4m (-3.9%) $159.3m (10083987241.8%) $708.3m (27.9%) 17.9% (10495864292.7%) $0.70 (-56.2%)
2021 $1.1b (19.1%) $416.7m (161.6%) $627.1m (-11.5%) 39.2% (119.6%) $1.76 (151.4%)
2022 $878.2m (-17.4%) $426.9m (2.4%) $625.7m (-0.2%) 48.6% (24.0%) $1.81 (2.8%)
2023 $949.7m (8.1%) $242.2m (-43.3%) $617.7m (-1.3%) 25.5% (-47.5%) $1.01 (-44.2%)
2024 $1.1b (10.7%) $406.3m (67.8%) $749.4m (21.3%) 38.6% (51.6%) $1.57 (55.4%)
2025 $1.2b (13.2%) $590.2m (45.2%) $878.6m (17.2%) 49.6% (28.3%) $1.96 (24.8%)

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