Discounted Cash Flow

RGC Resources Inc.

RGCO · 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 $59.1m $5.8m $-3.0m 9.8% $1.22
2017 $62.3m (5.5%) $6.2m (7.3%) $-7.8m (-156.9%) 10.0% (1.8%) $0.86 (-29.5%)
2018 $65.5m (5.2%) $7.3m (17.1%) $-9.8m (-26.0%) 11.1% (11.3%) $0.95 (10.5%)
2019 $67.6m (3.2%) $8.7m (19.2%) $-7.2m (26.6%) 12.9% (15.5%) $1.08 (13.7%)
2020 $61.8m (-8.7%) $10.6m (21.5%) $-10.1m (-40.4%) 17.1% (33.0%) $1.30 (20.4%)
2021 $73.9m (19.6%) $10.1m (-4.4%) $-8.4m (16.8%) 13.7% (-20.0%) $1.22 (-6.2%)
2022 $82.4m (11.6%) $-31.7m (-414.1%) $-9.9m (-18.0%) -38.5% (-381.5%) $-3.48 (-385.2%)
2023 $94.4m (14.5%) $11.3m (135.6%) $-1.5m (84.8%) 12.0% (131.1%) $1.14 (132.8%)
2024 $80.5m (-14.7%) $11.8m (4.1%) $-4.7m (-208.7%) 14.6% (22.0%) $1.16 (1.8%)
2025 $93.9m (16.6%) $13.3m (12.9%) $8.2m (276.3%) 14.1% (-3.2%) $1.29 (11.2%)

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