Discounted Cash Flow

Crown Holdings, Inc.

CCK · 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 $8.3b $496.0m $457.0m 6.0% $3.58
2017 $8.7b (5.0%) $323.0m (-34.9%) $-749.0m (-263.9%) 3.7% (-38.0%) $2.39 (-33.2%)
2018 $11.2b (28.2%) $439.0m (35.9%) $109.0m (114.6%) 3.9% (6.0%) $3.28 (37.2%)
2019 $11.7b (4.6%) $510.0m (16.2%) $731.0m (570.6%) 4.4% (11.1%) $3.81 (16.2%)
2020 $11.6b (-0.8%) $579.0m (13.5%) $728.0m (-0.4%) 5.0% (14.4%) $4.34 (13.9%)
2021 $11.4b (-1.6%) $-560.0m (-196.7%) $118.0m (-83.8%) -4.9% (-198.3%) $-4.30 (-199.1%)
2022 $12.9b (13.6%) $727.0m (229.8%) $-36.0m (-130.5%) 5.6% (214.3%) $6.01 (239.8%)
2023 $12.0b (-7.2%) $450.0m (-38.1%) $660.0m (1933.3%) 3.7% (-33.3%) $3.77 (-37.3%)
2024 $11.8b (-1.7%) $424.0m (-5.8%) $789.0m (19.5%) 3.6% (-4.1%) $3.56 (-5.6%)
2025 $12.4b (4.8%) $738.0m (74.1%) $1.1b (41.6%) 6.0% (66.1%) $6.41 (80.1%)

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