Discounted Cash Flow

Pennant Group, Inc.

PNTG · 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)
2017 $251.0m $9.9m $14.1m 3.9% $0.36
2018 $286.1m (14.0%) $15.7m (59.0%) $19.7m (39.3%) 5.5% (39.5%) $0.58 (62.4%)
2019 $338.5m (18.3%) $2.5m (-83.8%) $2.8m (-85.6%) 0.8% (-86.3%) $0.11 (-80.5%)
2020 $391.0m (15.5%) $15.7m (518.4%) $43.0m (1412.4%) 4.0% (435.5%) $0.55 (386.5%)
2021 $439.7m (12.5%) $2.7m (-82.9%) $-24.5m (-157.1%) 0.6% (-84.8%) $0.08 (-86.4%)
2022 $473.2m (7.6%) $6.6m (146.4%) $-5.1m (79.1%) 1.4% (128.9%) $0.25 (229.6%)
2023 $544.9m (15.1%) $13.4m (101.4%) $25.0m (587.4%) 2.5% (74.9%) $0.47 (86.9%)
2024 $695.2m (27.6%) $22.6m (68.6%) $30.3m (21.3%) 3.2% (32.2%) $0.78 (67.5%)
2025 $947.7m (36.3%) $29.6m (31.1%) $36.3m (19.6%) 3.1% (-3.8%) $0.98 (25.2%)

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