Discounted Cash Flow

United Community Banks Inc.

UCB · 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 $404.3m $100.7m $121.3m 24.9% $1.40
2017 $440.4m (8.9%) $67.8m (-32.6%) $185.8m (53.1%) 15.4% (-38.2%) $0.92 (-34.3%)
2018 $36.0m (-91.8%) $166.1m (144.9%) $252.4m (35.9%) 461.5% (2896.8%) $2.07 (125.0%)
2019 $561.0m (1458.3%) $185.7m (11.8%) $133.0m (-47.3%) 33.1% (-92.8%) $2.31 (11.6%)
2020 $577.4m (2.9%) $164.1m (-11.6%) $140.2m (5.4%) 28.4% (-14.2%) $1.91 (-17.3%)
2021 $744.4m (28.9%) $269.8m (64.4%) $332.8m (137.4%) 36.2% (27.5%) $2.97 (55.5%)
2022 $826.2m (11.0%) $277.5m (2.8%) $564.6m (69.6%) 33.6% (-7.3%) $2.52 (-15.2%)
2023 $803.8m (-2.7%) $187.5m (-32.4%) $221.5m (-60.8%) 23.3% (-30.5%) $1.54 (-38.9%)
2024 $901.2m (12.1%) $252.4m (34.6%) $302.7m (36.7%) 28.0% (20.0%) $2.04 (32.5%)
2025 $1.1b (18.0%) $328.1m (30.0%) $356.5m (17.8%) 30.9% (10.2%) $2.62 (28.4%)

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