Discounted Cash Flow

United States Lime & Minerals Inc.

USLM · 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 $139.3m $17.8m $20.2m 12.7% $3.19
2017 $144.8m (4.0%) $27.1m (52.9%) $12.9m (-35.9%) 18.7% (47.0%) $4.87 (52.7%)
2018 $144.4m (-0.3%) $19.7m (-27.5%) $-15.0m (-216.1%) 13.6% (-27.3%) $3.52 (-27.7%)
2019 $158.3m (9.6%) $26.1m (32.4%) $19.9m (232.5%) 16.5% (20.8%) $4.64 (31.8%)
2020 $160.7m (1.5%) $28.2m (8.3%) $41.4m (108.1%) 17.6% (6.7%) $5.01 (8.0%)
2021 $189.3m (17.8%) $37.0m (31.3%) $25.8m (-37.8%) 19.6% (11.5%) $6.55 (30.7%)
2022 $236.2m (24.8%) $45.4m (22.6%) $37.5m (45.7%) 19.2% (-1.7%) $8.01 (22.3%)
2023 $281.3m (19.1%) $74.5m (64.1%) $58.0m (54.5%) 26.5% (37.7%) $13.10 (63.5%)
2024 $317.7m (12.9%) $108.8m (46.0%) $98.6m (70.0%) 34.3% (29.3%) $3.81 (-70.9%)
2025 $372.7m (17.3%) $134.3m (23.4%) $102.3m (3.7%) 36.0% (5.2%) $4.69 (23.1%)

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