Discounted Cash Flow

AMETEK Inc./

AME · 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 $3.8b $512.2m $693.6m 13.3% $2.20
2017 $4.3b (12.0%) $681.5m (33.1%) $758.2m (9.3%) 15.8% (18.8%) $2.96 (34.5%)
2018 $4.8b (12.7%) $777.9m (14.2%) $843.4m (11.2%) 16.1% (1.3%) $3.37 (13.9%)
2019 $5.2b (6.5%) $861.3m (10.7%) $1.0b (20.0%) 16.7% (4.0%) $3.78 (12.2%)
2020 $4.5b (-12.0%) $872.4m (1.3%) $1.2b (19.2%) 19.2% (15.1%) $3.80 (0.5%)
2021 $5.5b (22.2%) $990.1m (13.5%) $1.0b (-13.0%) 17.9% (-7.1%) $4.29 (12.9%)
2022 $6.2b (10.9%) $1.2b (17.1%) $1.0b (-3.8%) 18.9% (5.6%) $5.04 (17.5%)
2023 $6.6b (7.3%) $1.3b (13.3%) $1.6b (58.3%) 19.9% (5.6%) $5.70 (13.1%)
2024 $6.9b (5.2%) $1.4b (4.8%) $1.7b (6.4%) 19.8% (-0.4%) $5.95 (4.4%)
2025 $7.4b (6.6%) $1.5b (7.6%) $1.7b (-1.8%) 20.0% (0.9%) $6.42 (7.9%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Values abbreviated: b = billions, m = millions, k = thousands.

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