Discounted Cash Flow

Willdan Group, Inc.

WLDN · 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 $208.9m $4.3m $6.4m 2.0% $1.01
2017 $273.4m (30.8%) $12.1m (184.8%) $8.9m (38.1%) 4.4% (117.7%) $1.42 (40.6%)
2018 $272.3m (-0.4%) $10.0m (-17.3%) $5.5m (-38.6%) 3.7% (-17.0%) $1.08 (-23.9%)
2019 $443.1m (62.8%) $4.8m (-51.7%) $5.0m (-8.8%) 1.1% (-70.3%) $0.43 (-60.2%)
2021 $353.8m (-20.2%) $-14.5m (-399.4%) $38.5m (673.0%) -4.1% (-475.1%) $-0.68 (-258.1%)
2022 $429.1m (21.3%) $-8.4m (41.7%) $-169.0k (-100.4%) -2.0% (52.0%) $-0.65 (4.4%)
2023 $510.1m (18.9%) $10.9m (229.3%) $29.3m (17430.8%) 2.1% (208.8%) $0.82 (226.2%)
2024 $565.8m (10.9%) $22.6m (106.6%) $63.7m (117.4%) 4.0% (86.2%) $1.63 (98.8%)
2025 $681.6m (20.5%) $52.6m (132.9%) $70.7m (11.1%) 7.7% (93.3%) $3.63 (122.7%)
2026 $173.7m (-74.5%) $52.6m (0.0%) $78.7m (11.3%) 30.3% (292.4%) $3.63 (0.0%)

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