Discounted Cash Flow

Brady Corp.

BRC · 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 $1.1b $80.1m $121.8m 7.1% $3.16
2017 $1.1b (-0.7%) $95.6m (19.4%) $128.9m (5.8%) 8.6% (20.2%) $3.73 (18.0%)
2018 $1.2b (5.4%) $91.1m (-4.8%) $121.3m (-5.9%) 7.8% (-9.7%) $3.51 (-5.9%)
2019 $1.2b (-1.1%) $131.3m (44.1%) $129.4m (6.7%) 11.3% (45.8%) $4.98 (41.9%)
2020 $1.1b (-6.8%) $112.4m (-14.4%) $113.7m (-12.1%) 10.4% (-8.1%) $4.24 (-14.9%)
2021 $1.1b (5.9%) $129.7m (15.4%) $178.5m (57.0%) 11.3% (9.0%) $4.97 (17.2%)
2022 $1.3b (13.7%) $150.0m (15.7%) $75.3m (-57.8%) 11.5% (1.7%) $5.83 (17.3%)
2023 $1.3b (2.3%) $174.9m (16.6%) $189.9m (152.2%) 13.1% (14.0%) $7.04 (20.8%)
2024 $1.3b (0.7%) $197.2m (12.8%) $175.2m (-7.8%) 14.7% (12.0%) $8.18 (16.2%)
2025 $1.5b (12.8%) $189.3m (-4.0%) $153.6m (-12.3%) 12.5% (-15.0%) $7.93 (-3.1%)

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