Discounted Cash Flow

ABM Industries Inc. /De/

ABM · 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 $5.1b $57.2m $39.5m 1.1% $1.02
2017 $5.5b (6.0%) $3.8m (-93.4%) $-51.6m (-230.6%) 0.1% (-93.7%) $0.07 (-93.1%)
2018 $6.4b (18.1%) $97.8m (2473.7%) $270.0m (623.3%) 1.5% (2078.7%) $1.48 (2014.3%)
2019 $6.5b (0.9%) $127.4m (30.3%) $203.1m (-24.8%) 2.0% (29.1%) $1.91 (29.1%)
2020 $6.0b (-7.9%) $300.0k (-99.8%) $419.5m (106.5%) 0.0% (-99.7%) $0.00 (-100.0%)
2021 $6.2b (4.0%) $126.3m (42000.0%) $280.0m (-33.3%) 2.0% (40371.0%) $1.87
2022 $7.8b (25.3%) $230.4m (82.4%) $-30.4m (-110.9%) 3.0% (45.5%) $3.44 (84.0%)
2023 $8.1b (3.7%) $251.3m (9.1%) $190.7m (727.3%) 3.1% (5.2%) $3.81 (10.8%)
2024 $8.4b (3.2%) $81.4m (-67.6%) $167.3m (-12.3%) 1.0% (-68.6%) $1.29 (-66.1%)
2025 $8.7b (4.6%) $162.4m (99.5%) $155.1m (-7.3%) 1.9% (90.7%) $2.61 (102.3%)

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