Discounted Cash Flow

Amphenol Corp. /De/

APH · 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 $6.3b $822.9m $886.8m 13.1% $2.67
2017 $7.0b (11.5%) $650.5m (-21.0%) $917.6m (3.5%) 9.3% (-29.1%) $2.13 (-20.2%)
2018 $8.2b (17.0%) $1.2b (85.2%) $802.1m (-12.6%) 14.7% (58.4%) $4.00 (87.8%)
2019 $8.2b (0.3%) $1.2b (-4.1%) $1.2b (50.5%) 14.0% (-4.4%) $3.88 (-3.0%)
2020 $8.6b (4.5%) $1.2b (4.2%) $1.3b (8.9%) 14.0% (-0.3%) $4.04 (4.1%)
2021 $10.9b (26.5%) $1.6b (32.2%) $1.2b (-10.3%) 14.6% (4.5%) $2.66 (-34.2%)
2022 $12.6b (16.1%) $1.9b (19.6%) $1.9b (58.1%) 15.1% (3.0%) $3.19 (19.9%)
2023 $12.6b (-0.5%) $1.9b (1.4%) $2.2b (19.2%) 15.4% (1.9%) $3.23 (1.3%)
2024 $15.2b (21.3%) $2.4b (25.7%) $2.8b (25.4%) 15.9% (3.7%) $2.01 (-37.8%)
2025 $23.1b (51.7%) $4.3b (76.2%) $5.1b (81.7%) 18.5% (16.1%) $3.51 (74.6%)

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