Discounted Cash Flow

Acuity Inc. DE

AYI · 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 $3.3b $290.8m $262.0m 8.8% $6.67
2017 $3.5b (6.5%) $321.7m (10.6%) $248.9m (-5.0%) 9.2% (3.9%) $7.46 (11.8%)
2018 $3.7b (5.0%) $349.6m (8.7%) $309.6m (24.4%) 9.5% (3.5%) $8.54 (14.5%)
2019 $3.7b (-0.2%) $330.4m (-5.5%) $441.7m (42.7%) 9.0% (-5.3%) $8.32 (-2.6%)
2020 $3.3b (-9.4%) $248.3m (-24.8%) $449.9m (1.9%) 7.5% (-17.0%) $6.29 (-24.4%)
2021 $3.5b (4.0%) $306.3m (23.4%) $364.9m (-18.9%) 8.9% (18.6%) $8.44 (34.2%)
2022 $4.0b (15.7%) $384.0m (25.4%) $259.8m (-28.8%) 9.6% (8.3%) $11.23 (33.1%)
2023 $4.0b (-1.3%) $346.0m (-9.9%) $511.4m (96.8%) 8.8% (-8.7%) $10.88 (-3.1%)
2024 $3.8b (-2.8%) $422.6m (22.1%) $555.2m (8.6%) 11.0% (25.7%) $13.68 (25.7%)
2025 $4.3b (13.1%) $396.6m (-6.2%) $533.0m (-4.0%) 9.1% (-17.0%) $12.85 (-6.1%)

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