Discounted Cash Flow

Archrock, Inc.

AROC · 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 $807.1m $-54.6m $156.5m -6.8% $-0.80
2017 $794.7m (-1.5%) $19.0m (134.7%) $-19.8m (-112.6%) 2.4% (135.3%) $0.48 (160.0%)
2018 $904.4m (13.8%) $21.1m (11.1%) $-93.2m (-371.0%) 2.3% (-2.4%) $0.19 (-60.4%)
2019 $965.5m (6.7%) $97.3m (362.1%) $-95.1m (-2.0%) 10.1% (332.9%) $0.70 (268.4%)
2020 $875.0m (-9.4%) $-68.4m (-170.3%) $195.0m (305.1%) -7.8% (-177.6%) $-0.46 (-165.7%)
2021 $781.5m (-10.7%) $28.2m (141.2%) $139.5m (-28.4%) 3.6% (146.2%) $0.18 (139.1%)
2022 $845.6m (8.2%) $44.3m (57.0%) $-36.4m (-126.1%) 5.2% (45.1%) $0.28 (55.6%)
2023 $990.3m (17.1%) $105.0m (137.0%) $11.6m (131.7%) 10.6% (102.4%) $0.67 (139.3%)
2024 $1.2b (16.9%) $172.2m (64.0%) $427.1m (3596.2%) 14.9% (40.3%) $1.05 (56.7%)
2025 $1.5b (28.7%) $322.3m (87.1%) $616.6m (44.4%) 21.6% (45.4%) $1.83 (74.3%)

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