Discounted Cash Flow

Republic Bancorp Inc. /Ky/

RBCAA · 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 $156.1m $45.9m $40.6m 29.4%
2017 $198.5m (27.2%) $45.6m (-0.6%) $65.4m (60.9%) 23.0% (-21.9%)
2018 $289.5m (45.8%) $77.9m (70.6%) $110.2m (68.4%) 26.9% (17.0%)
2019 $311.1m (7.5%) $91.7m (17.8%) $84.4m (-23.4%) 29.5% (9.6%)
2020 $319.4m (2.6%) $83.2m (-9.2%) $64.9m (-23.1%) 26.1% (-11.6%)
2021 $307.5m (-3.7%) $86.8m (4.3%) $93.6m (44.4%) 28.2% (8.3%)
2022 $326.5m (6.2%) $91.1m (5.0%) $151.3m (61.6%) 27.9% (-1.2%)
2023 $360.2m (10.3%) $90.4m (-0.8%) $101.6m (-32.8%) 25.1% (-10.1%)
2024 $384.8m (6.8%) $101.4m (12.2%) $143.2m (40.9%) 26.3% (5.0%)
2025 $417.5m (8.5%) $131.3m (29.5%) $161.1m (12.5%) 31.5% (19.4%)

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