Discounted Cash Flow
Pennymac Financial Services, Inc.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2017 | $955.5m | $100.8m | $-883.4m | 10.5% | $4.34 |
| 2018 | $984.6m (3.1%) | $87.7m (-13.0%) | $572.4m (164.8%) | 8.9% (-15.5%) | $2.62 (-39.8%) |
| 2019 | $1.5b (50.0%) | $393.0m (348.1%) | $-2.2b (-492.2%) | 26.6% (198.6%) | $5.02 (92.1%) |
| 2020 | $3.7b (150.8%) | $1.6b (319.1%) | $-6.2b (-176.1%) | 44.4% (67.1%) | $21.91 (336.1%) |
| 2021 | $3.2b (-14.5%) | $1.0b (-39.1%) | $2.6b (141.3%) | 31.7% (-28.7%) | $15.73 (-28.2%) |
| 2022 | $2.0b (-37.3%) | $475.5m (-52.6%) | $475.5m (-81.4%) | 23.9% (-24.4%) | $8.96 (-43.0%) |
| 2023 | $1.4b (-29.4%) | $144.7m (-69.6%) | $144.7m (-69.6%) | 10.3% (-56.9%) | $2.89 (-67.7%) |
| 2024 | $1.6b (13.7%) | $311.4m (115.3%) | $311.4m (115.3%) | 19.5% (89.3%) | $6.11 (111.0%) |
| 2025 | $2.0b (28.4%) | $501.1m (60.9%) | $-1.7b (-643.1%) | 24.5% (25.3%) | $9.69 (58.6%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
Values abbreviated: b = billions, m = millions, k = thousands.
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): —
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.