Discounted Cash Flow

CPI Card Group Inc.

PMTS · 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 $308.7m $5.4m $45.7m 1.7% $0.48
2017 $254.9m (-17.4%) $-22.0m (-507.7%) $-6.4m (-113.9%) -8.6% (-593.8%) $-1.98 (-512.5%)
2018 $255.8m (0.4%) $-37.5m (-70.2%) $-9.2m (-44.3%) -14.6% (-69.6%) $-3.36 (-69.7%)
2019 $278.1m (8.7%) $-4.5m (88.1%) $-4.3m (53.2%) -1.6% (89.1%) $-0.40 (88.1%)
2020 $312.2m (12.3%) $16.1m (462.1%) $-7.2m (-66.4%) 5.2% (422.6%) $1.44 (460.0%)
2021 $375.1m (20.2%) $15.9m (-1.2%) $10.2m (241.9%) 4.2% (-17.7%) $1.42 (-1.4%)
2022 $475.7m (26.8%) $36.5m (129.2%) $13.5m (32.6%) 7.7% (80.7%) $3.24 (128.2%)
2023 $444.5m (-6.6%) $24.0m (-34.4%) $27.6m (105.2%) 5.4% (-29.8%) $2.10 (-35.2%)
2024 $480.6m (8.1%) $19.5m (-18.6%) $34.1m (23.2%) 4.1% (-24.7%) $1.75 (-16.7%)
2025 $543.5m (13.1%) $14.9m (-23.4%) $41.3m (21.4%) 2.8% (-32.3%) $1.32 (-24.6%)

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):

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