Discounted Cash Flow

Peapack Gladstone Financial Corp.

PGC · 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 $125.4m $26.5m $39.7m 21.1% $1.62
2017 $145.8m (16.3%) $36.5m (37.8%) $53.6m (34.9%) 25.0% (18.5%) $2.06 (27.2%)
2018 $159.4m (9.3%) $44.2m (21.0%) $63.2m (18.0%) 27.7% (10.7%) $2.33 (13.1%)
2019 $175.0m (9.8%) $47.4m (7.4%) $84.6m (33.9%) 27.1% (-2.2%) $2.46 (5.6%)
2020 $189.4m (8.2%) $26.2m (-44.8%) $33.6m (-60.2%) 13.8% (-49.0%) $1.39 (-43.5%)
2021 $210.3m (11.1%) $56.6m (116.2%) $71.5m (112.6%) 26.9% (94.7%) $3.01 (116.5%)
2022 $242.5m (15.3%) $74.2m (31.1%) $115.4m (61.3%) 30.6% (13.7%) $4.09 (35.9%)
2023 $229.7m (-5.3%) $48.9m (-34.2%) $66.8m (-42.1%) 21.3% (-30.5%) $2.74 (-33.0%)
2024 $228.1m (-0.7%) $33.0m (-32.5%) $63.0m (-5.7%) 14.5% (-32.0%) $1.87 (-31.8%)
2025 $283.0m (24.1%) $37.3m (13.2%) $28.8m (-54.3%) 13.2% (-8.8%) $2.12 (13.4%)

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