Discounted Cash Flow

RBB Bancorp

RBB · 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 $56.5m $19.1m $56.0m 33.8% $1.49
2017 $60.2m (6.5%) $25.5m (33.8%) $28.1m (-49.8%) 42.4% (25.6%) $1.81 (21.5%)
2018 $78.5m (30.4%) $36.1m (41.4%) $-87.1m (-410.1%) 46.0% (8.4%) $2.11 (16.6%)
2019 $18.3m (-76.7%) $39.2m (8.6%) $39.2m (145.0%) 214.0% (365.2%) $1.96 (-7.1%)
2020 $14.0m (-23.4%) $32.9m (-16.0%) $120.3m (206.8%) 234.5% (9.6%) $1.66 (-15.3%)
2021 $18.7m (33.5%) $56.9m (72.8%) $200.2m (66.4%) 303.6% (29.4%) $2.92 (75.9%)
2022 $11.3m (-40.0%) $64.3m (13.0%) $91.7m (-54.2%) 571.7% (88.3%) $3.37 (15.4%)
2023 $15.0m (33.5%) $42.5m (-34.0%) $50.6m (-44.8%) 282.8% (-50.5%) $2.24 (-33.5%)
2024 $15.3m (2.1%) $26.7m (-37.2%) $57.7m (14.0%) 173.9% (-38.5%) $1.47 (-34.4%)
2025 $16.9m (10.0%) $31.9m (19.8%) $42.6m (-26.2%) 189.3% (8.9%) $1.83 (24.5%)

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