Intrinsic value of Black Hills Corporation (BKH)

[per Chepakovich valuation model]

other valuations of BKH

[per Chepakovich valuation model]  See other valuations of BKH stock

Previous Close$67.61
Intrinsic Value
Upside potential
Previous Close
$67.61

VALUATION INPUT DATA

Revenue, mln $
Initial revenue growth rate (norm.), %
Variable cost ratio, %
Fixed operating expenses, mln $
Production assets / Revenue, %
Working capital / Revenue, %
Interest rate on debt, %
Life of production assets, yrs
Initial discount rate, %
Shares outstanding, mln
Adjusted equity ratio
Adjusted assets / Revenue
Based on fiscal year data as of 2020-12-31 and quarterly data as of 2020-12-31.
NOTE: The bar chart shows historic and forecasted yearly revenue growth rates. Its purpose is to help you in determining what initial revenue rate you want to base your stock valuation on. Please make sure that you are confident in the value you select - for most stocks it is by far the most important parameter in valuation.
  1. Annual
  2. Quarterly YoY
  3. Quarterly QoQ

Annual revenue growth rates, % (past and forecasted)

show cash flow forecast

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year2020(a)2021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045

INCOME STATEMENT

Revenue growth rate, %-2.2NaN
Revenue, $1697NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m1269NaN
Operating income, $m428NaN
EBITDA, $m661NaN
Interest expense (income), $mNaN
Earnings before tax, $m261NaN
Tax expense, $m33NaN
Net income, $m228NaN

BALANCE SHEET

Cash and short-term investments, $m11NaN
Total assets, $m8089NaN
Adjusted assets (=assets-cash), $m8078NaN
Average production assets, $m7074NaN
Working capital, $m-203NaN
Total debt, $m3537NaN
Total liabilities, $m5426NaN
Total equity, $m2663NaN
Debt-to-equity ratio1.328NaN
Adjusted equity ratio0.329NaN

CASH FLOW

Net income, $m228NaN
Depreciation, amort., depletion, $m232NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m542NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-767NaN
Free cash flow, $m1309NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m-203
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN