Discounted Cash Flow

Stantec Inc. Foreign

STN · Based on 10 years of SEC filings · Converted from CAD to USD

Cash flow predictability 71/100 (stable) — FCF YoY std dev 55%, net income 20% (full history)

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

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 $3.1b $131.3m $194.3m 4.2% $1.22
2017 $3.7b (19.5%) $191.4m (45.7%) $181.1m (-6.8%) 5.1% (21.9%) $0.85 (-30.3%)
2018 $3.1b (-16.7%) $164.4m (-14.1%) $71.1m (-60.7%) 5.3% (3.0%) $0.42 (-50.6%)
2019 $3.5b (12.7%) $192.8m (17.3%) $298.7m (320.1%) 5.5% (4.1%) $1.74 (314.3%)
2020 $2.7b (-23.7%) $157.4m (-18.4%) $380.2m (27.3%) 5.9% (6.9%) $1.53 (-12.1%)
2021 $3.3b (24.2%) $191.0m (21.4%) $251.5m (-33.8%) 5.7% (-2.3%) $1.80 (17.6%)
2022 $4.1b (24.0%) $236.1m (23.6%) $173.6m (-31.0%) 5.7% (-0.3%) $2.23 (23.9%)
2023 $4.7b (14.1%) $310.3m (31.4%) $388.4m (123.7%) 6.6% (15.1%) $2.98 (33.6%)
2024 $5.4b (15.7%) $337.9m (8.9%) $366.1m (-5.7%) 6.2% (-5.9%) $3.17 (6.4%)
2025 $5.9b (8.6%) $457.6m (35.4%) $574.5m (56.9%) 7.7% (24.7%) $4.20 (32.5%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

SEC filings report in CAD. Values above are converted to USD for comparison with the US-listed share price.

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