Discounted Cash Flow
Artisan Partners Asset Management Inc.
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—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $720.9m | $73.0m | $267.4m | 10.1% | $1.57 |
| 2017 | $795.6m (10.4%) | $49.6m (-32.1%) | $202.5m (-24.3%) | 6.2% (-38.5%) | $0.75 (-52.2%) |
| 2018 | $828.6m (4.1%) | $158.3m (219.2%) | $330.5m (63.2%) | 19.1% (206.5%) | $2.84 (278.7%) |
| 2019 | $799.0m (-3.6%) | $156.5m (-1.1%) | $289.3m (-12.5%) | 19.6% (2.6%) | $2.65 (-6.7%) |
| 2020 | $899.6m (12.6%) | $212.6m (35.8%) | $316.6m (9.4%) | 23.6% (20.6%) | $3.40 (28.3%) |
| 2021 | $1.2b (36.4%) | $336.5m (58.3%) | $396.1m (25.1%) | 27.4% (16.0%) | $5.10 (50.0%) |
| 2022 | $993.3m (-19.1%) | $206.8m (-38.6%) | $306.0m (-22.8%) | 20.8% (-24.1%) | $2.94 (-42.4%) |
| 2023 | $975.1m (-1.8%) | $222.3m (7.5%) | $250.8m (-18.0%) | 22.8% (9.5%) | $3.19 (8.5%) |
| 2024 | $1.1b (14.0%) | $259.7m (16.9%) | $371.3m (48.1%) | 23.4% (2.5%) | $3.66 (14.7%) |
| 2025 | $1.2b (7.6%) | $290.3m (11.8%) | $171.6m (-53.8%) | 24.3% (3.8%) | $4.05 (10.7%) |
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): —
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.