Discounted Cash Flow

Target Hospitality Corp.

TH · Based on 10 years of SEC filings

DCF estimate unavailable — loss_in_2025

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

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 $134.2m $981.0k $40.3m 0.7% $0.04
2018 $0 (-100.0%) $4.0m (309.0%) $-2.9m (-107.2%) $0.00 (-100.0%)
2019 $261.3m $6.2m (55.4%) $59.8m (2150.1%) 2.4% $0.13
2020 $172.2m (-34.1%) $-25.1m (-503.0%) $43.3m (-27.6%) -14.6% (-711.5%) $-0.26 (-300.0%)
2021 $214.4m (24.5%) $-4.6m (81.8%) $-4.6m (-110.6%) -2.1% (85.4%) $-0.05 (80.8%)
2022 $333.7m (55.6%) $73.9m (1715.8%) $303.7m (6737.8%) 22.2% (1138.3%) $0.76 (1620.0%)
2023 $365.6m (9.6%) $173.7m (134.9%) $156.7m (-48.4%) 47.5% (114.4%) $1.71 (125.0%)
2024 $265.9m (-27.3%) $71.3m (-59.0%) $151.3m (-3.4%) 26.8% (-43.6%) $0.71 (-58.5%)
2025 $274.8m (3.4%) $-37.1m (-152.1%) $72.3m (-52.2%) -13.5% (-150.4%) $-0.37 (-152.1%)

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

loss_in_2025

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.