Discounted Cash Flow
Piper Sandler Companies
—
—
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) |
|---|---|---|---|---|---|
| 2016 | $769.9m | $-22.0m | $48.8m | -2.9% | $-1.73 |
| 2017 | $895.2m (16.3%) | $-61.9m (-182.2%) | $232.1m (375.8%) | -6.9% (-142.7%) | $-5.07 (-193.1%) |
| 2018 | $801.0m (-10.5%) | $57.0m (192.1%) | $509.9m (119.7%) | 7.1% (202.9%) | $3.78 (174.6%) |
| 2019 | $846.3m (5.7%) | $111.7m (95.9%) | $67.8m (-86.7%) | 13.2% (85.4%) | $7.90 (109.0%) |
| 2020 | $1.3b (48.0%) | $40.5m (-63.7%) | $40.5m (-40.3%) | 3.2% (-75.5%) | $2.94 (-62.8%) |
| 2021 | $2.0b (63.0%) | $278.5m (587.6%) | $707.1m (1645.7%) | 13.6% (321.9%) | $19.52 (563.9%) |
| 2022 | $1.4b (-29.7%) | $110.7m (-60.3%) | $-255.5m (-136.1%) | 7.7% (-43.5%) | $7.92 (-59.4%) |
| 2023 | $1.4b (-5.4%) | $85.5m (-22.8%) | $265.6m (203.9%) | 6.3% (-18.4%) | $5.72 (-27.8%) |
| 2024 | $1.5b (12.8%) | $181.1m (111.9%) | $297.8m (12.1%) | 11.8% (87.9%) | $11.44 (100.0%) |
| 2025 | $1.8b (19.7%) | $281.3m (55.3%) | $552.0m (85.4%) | 15.3% (29.7%) | $16.89 (47.6%) |
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): —
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.