Discounted Cash Flow

Cactus, Inc.

WHD · 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)
2017 $341.2m $66.5m $2.6m 19.5%
2018 $544.1m (59.5%) $85.0m (27.7%) $97.1m (3600.1%) 15.6% (-20.0%) $1.60
2019 $628.4m (15.5%) $70.7m (-16.8%) $149.9m (54.4%) 11.2% (-27.9%) $1.90 (18.7%)
2020 $348.6m (-44.5%) $24.8m (-65.0%) $118.9m (-20.7%) 7.1% (-36.8%) $0.73 (-61.6%)
2021 $438.6m (25.8%) $17.9m (-27.8%) $49.8m (-58.1%) 4.1% (-42.6%) $0.90 (23.3%)
2022 $688.4m (57.0%) $34.9m (95.5%) $89.6m (79.8%) 5.1% (24.6%) $1.83 (103.3%)
2023 $1.1b (59.4%) $45.7m (30.7%) $296.3m (230.7%) 4.2% (-18.0%) $2.62 (43.2%)
2024 $1.1b (3.0%) $47.4m (3.7%) $276.9m (-6.5%) 4.2% (0.7%) $2.79 (6.5%)
2025 $1.1b (-4.5%) $35.6m (-24.8%) $219.6m (-20.7%) 3.3% (-21.2%) $2.42 (-13.3%)

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