Discounted Cash Flow

Wafd Inc.

WAFD · 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
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 $467.3m $164.0m $183.8m 35.1% $1.79
2017 $484.1m (3.6%) $173.5m (5.8%) $164.2m (-10.6%) 35.8% (2.1%) $1.95 (8.9%)
2018 $516.2m (6.6%) $203.8m (17.5%) $163.6m (-0.4%) 39.5% (10.2%) $2.40 (23.1%)
2019 $543.4m (5.3%) $210.3m (3.1%) $198.5m (21.4%) 38.7% (-2.0%) $2.61 (8.8%)
2020 $556.5m (2.4%) $173.4m (-17.5%) $134.7m (-32.2%) 31.2% (-19.5%) $2.26 (-13.4%)
2021 $565.7m (1.7%) $183.6m (5.9%) $285.0m (111.6%) 32.5% (4.1%) $2.39 (5.8%)
2022 $661.0m (16.8%) $236.3m (28.7%) $256.7m (-9.9%) 35.8% (10.2%) $3.40 (42.3%)
2023 $742.4m (12.3%) $257.4m (8.9%) $198.9m (-22.5%) 34.7% (-3.0%) $3.72 (9.4%)
2024 $721.5m (-2.8%) $200.0m (-22.3%) $414.6m (108.4%) 27.7% (-20.0%) $2.50 (-32.8%)
2025 $725.5m (0.5%) $226.1m (13.0%) $208.2m (-49.8%) 31.2% (12.4%) $2.64 (5.6%)

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