Discounted Cash Flow

Select Water Solutions, Inc.

WTTR · 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 $302.4m $-1.0m $-31.2m -0.3%
2017 $692.5m (129.0%) $-16.8m (-1512.3%) $-101.6m (-226.1%) -2.4% (-604.1%)
2018 $1.5b (120.8%) $36.5m (317.1%) $67.0m (166.0%) 2.4% (198.3%)
2019 $1.3b (-15.5%) $2.8m (-92.4%) $93.8m (39.9%) 0.2% (-91.0%)
2020 $605.1m (-53.2%) $-338.7m (-12265.4%) $84.6m (-9.8%) -56.0% (-26066.8%)
2021 $764.6m (26.4%) $-42.2m (87.5%) $-56.2m (-166.5%) -5.5% (90.1%)
2022 $1.4b (81.5%) $48.3m (214.3%) $-38.7m (31.3%) 3.5% (163.0%)
2023 $1.6b (14.3%) $74.4m (54.1%) $149.5m (486.7%) 4.7% (34.9%)
2024 $1.5b (-8.4%) $30.6m (-58.8%) $61.7m (-58.7%) 2.1% (-55.0%)
2025 $1.4b (-3.1%) $21.2m (-30.7%) $-79.9m (-229.4%) 1.5% (-28.5%)

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