Discounted Cash Flow

Universal Technical Institute Inc.

UTI · 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 $347.1m $-47.7m $-111.0k -13.7% $-2.02
2017 $324.3m (-6.6%) $-8.1m (83.0%) $-18.2m (-16267.6%) -2.5% (81.8%) $-0.54 (73.3%)
2018 $317.0m (-2.3%) $-32.7m (-302.1%) $-34.1m (-87.6%) -10.3% (-311.3%) $-1.51 (-179.6%)
2019 $331.5m (4.6%) $-7.9m (75.9%) $15.3m (144.9%) -2.4% (77.0%) $-0.52 (65.6%)
2020 $300.8m (-9.3%) $8.0m (201.8%) $1.8m (-88.4%) 2.7% (212.2%) $0.05 (109.6%)
2021 $335.1m (11.4%) $14.6m (82.1%) $-6.4m (-461.6%) 4.4% (63.4%) $0.17 (240.0%)
2022 $418.8m (25.0%) $25.8m (77.3%) $-33.4m (-422.2%) 6.2% (41.8%) $0.39 (129.4%)
2023 $607.4m (45.0%) $12.3m (-52.3%) $-7.5m (77.5%) 2.0% (-67.1%) $0.13 (-66.7%)
2024 $732.7m (20.6%) $42.0m (240.9%) $61.6m (917.3%) 5.7% (182.6%) $0.77 (492.3%)
2025 $835.6m (14.0%) $63.0m (50.0%) $55.4m (-10.1%) 7.5% (31.6%) $1.16 (50.6%)

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