Discounted Cash Flow

Wsfs Financial Corp.

WSFS · 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 $318.9m $64.1m $70.3m 20.1% $2.12
2017 $379.4m (18.9%) $50.2m (-21.6%) $122.4m (74.2%) 13.2% (-34.1%) $1.60 (-24.5%)
2018 $455.5m (20.1%) $134.7m (168.2%) $130.1m (6.2%) 29.6% (123.3%) $4.27 (166.9%)
2019 $709.2m (55.7%) $148.8m (10.4%) $75.7m (-41.8%) 21.0% (-29.1%) $3.02 (-29.3%)
2020 $715.4m (0.9%) $114.8m (-22.9%) $8.0m (-89.4%) 16.0% (-23.5%) $2.27 (-24.8%)
2021 $641.8m (-10.3%) $271.4m (136.5%) $119.1m (1391.6%) 42.3% (163.6%) $5.71 (151.5%)
2022 $963.9m (50.2%) $222.4m (-18.1%) $472.0m (296.4%) 23.1% (-45.5%) $3.50 (-38.7%)
2023 $725.1m (-24.8%) $269.2m (21.0%) $230.6m (-51.1%) 37.1% (60.9%) $4.40 (25.7%)
2024 $705.4m (-2.7%) $263.7m (-2.0%) $205.6m (-10.8%) 37.4% (0.7%) $4.43 (0.7%)
2025 $726.1m (2.9%) $287.3m (9.0%) $213.6m (3.9%) 39.6% (5.9%) $5.11 (15.3%)

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