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Horizon Flexible Income ETF
FLXNFinancial ServicesCBOEUS
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Estimates, scoring, valuation assumptions, and peer comparison in one research surface.
Change the assumptions to see how revenue growth, margins, and exit multiples can move fair value.
| Year | Revenue | Margin | Profit | Free cash flow | Present value |
|---|---|---|---|---|---|
| 2026 | $85.55M | 1.0% | $855.5K | -$42.78M | N/A |
| 2027 | $86.66M | 1.0% | $866.6K | -$43.33M | -$39.39M |
| 2028 | $87.79M | 1.0% | $877.9K | -$43.90M | -$36.28M |
| 2029 | $88.93M | 1.0% | $889.3K | -$44.47M | -$33.41M |
| 2030 | $90.09M | 1.0% | $900.9K | -$45.04M | -$30.77M |
| 2031 | $91.26M | 1.0% | $912.6K | -$45.63M | -$28.33M |
Projects EPS forward, applies an exit P/E, then discounts the result back to today.
| Base EPS | -$2.66 | 2020-12-31 |
| EPS growth | +32.3% | Forecast years: 5 |
| Future EPS | N/A | EPS × (1 + G)^5 |
| Base P/E | 4 | P/E |
| Future price | N/A | Future EPS × P/E |
| Fair value today | N/A | PV @ 10.0% |
| 30% safety price | N/A | Margin of safety |
| 50% safety price | N/A | Margin of safety |
| Discount rate \\ Terminal growth | 1.5% | 2.5% | 3.5% |
|---|---|---|---|
| 9.0% | -$14.574 | -$16.122 | -$18.235 |
| 10.0% | -$12.998 | -$14.14 | -$15.633 |
| 11.0% | -$11.754 | -$12.624 | -$13.725 |