Discounted Cash Flow

Precision Drilling Corp. Foreign

PDS · 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 $1.0b $-308.6m $139.6m -30.8% $-0.53
2017 $1.3b (31.7%) $-232.1m (24.8%) $116.6m (-16.5%) -17.6% (42.9%) $-0.45 (15.1%)
2018 $1.5b (16.6%) $-323.6m (-39.4%) $293.3m (151.7%) -21.0% (-19.5%) $-1.00 (-122.2%)
2019 $1.5b (0.0%) $-8.3m (97.4%) $288.2m (-1.8%) -0.5% (97.4%) $0.02 (102.0%)
2020 $935.8m (-39.3%) $-109.2m (-1209.3%) $226.1m (-21.5%) -11.7% (-2056.6%) $-8.76 (-43900.0%)
2021 $986.8m (5.5%) $-182.8m (-67.4%) $139.2m (-38.4%) -18.5% (-58.7%) $-13.32 (-52.1%)
2022 $1.6b (63.9%) $-14.1m (92.3%) $52.9m (-62.0%) -0.9% (95.3%) $-2.53 (81.0%)
2023 $1.9b (19.8%) $265.8m (1979.2%) $273.8m (418.1%) 13.7% (1668.3%) $21.03 (931.2%)
2024 $1.9b (-1.8%) $111.2m (-58.2%) $265.4m (-3.1%) 5.8% (-57.4%) $7.81 (-62.9%)
2025 $1.8b (-3.1%) $1.8m (-98.3%) $149.4m (-43.7%) 0.1% (-98.3%) $0.14 (-98.2%)

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