Discounted Cash Flow

Unitil Corp.

UTL · Based on 10 years of SEC filings

DCF estimate unavailable — No positive free cash flow in recent history — company has not generated positive FCF

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)
2016 $-22.5m $27.1m $-29.8m -120.4% $1.94
2017 $-23.1m (-2.7%) $29.0m (7.0%) $-33.1m (-11.1%) -125.5% (-4.2%) $2.06 (6.2%)
2018 $444.1m (2022.5%) $33.0m (13.8%) $-23.9m (27.8%) 7.4% (105.9%) $2.23 (8.3%)
2019 $438.2m (-1.3%) $44.2m (33.9%) $-14.3m (40.2%) 10.1% (35.7%) $2.97 (33.2%)
2020 $418.6m (-4.5%) $32.2m (-27.1%) $-46.9m (-228.0%) 7.7% (-23.7%) $2.15 (-27.6%)
2021 $473.3m (13.1%) $36.1m (12.1%) $-7.2m (84.6%) 7.6% (-0.8%) $2.35 (9.3%)
2022 $563.2m (19.0%) $41.4m (14.7%) $-24.4m (-238.9%) 7.4% (-3.6%) $2.59 (10.2%)
2023 $557.1m (-1.1%) $45.2m (9.2%) $-34.0m (-39.3%) 8.1% (10.4%) $2.82 (8.9%)
2024 $494.8m (-11.2%) $47.1m (4.2%) $-44.0m (-29.4%) 9.5% (17.3%) $2.93 (3.9%)
2025 $536.0m (8.3%) $50.2m (6.6%) $-53.8m (-22.3%) 9.4% (-1.6%) $2.97 (1.4%)

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

No positive free cash flow in recent history — company has not generated positive FCF

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