Discounted Cash Flow

Wesbanco Inc.

WSBC · 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 $86.6m $121.6m $2.16
2017 $94.5m (9.1%) $135.6m (11.5%) $2.15 (-0.5%)
2018 $143.1m (51.5%) $186.9m (37.8%) $2.93 (36.3%)
2019 $158.9m (11.0%) $151.2m (-19.1%) $2.83 (-3.4%)
2020 $122.0m (-23.2%) $52.1m (-65.6%) $1.78 (-37.1%)
2021 $242.3m (98.5%) $327.8m (529.6%) $3.54 (98.9%)
2022 $192.1m (-20.7%) $196.2m (-40.2%) $3.03 (-14.4%)
2023 $159.0m (-17.2%) $146.8m (-25.2%) $2.51 (-17.2%)
2024 $151.5m (-4.7%) $200.7m (36.7%) $2.26 (-10.0%)
2025 $223.1m (47.3%) $280.0m (39.5%) $2.23 (-1.3%)

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