Discounted Cash Flow

Central Garden & PET Co.

CENTA · 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 $1.8b $44.5m $123.8m 2.4% $0.91
2017 $2.1b (12.3%) $78.8m (77.1%) $69.7m (-43.7%) 3.8% (57.7%) $1.57 (72.5%)
2018 $2.2b (7.8%) $123.6m (56.8%) $76.3m (9.5%) 5.6% (45.4%) $2.39 (52.2%)
2019 $2.4b (7.6%) $92.8m (-24.9%) $173.4m (127.4%) 3.9% (-30.2%) $1.63 (-31.8%)
2020 $2.7b (13.1%) $120.7m (30.1%) $221.2m (27.6%) 4.5% (15.0%) $2.23 (36.8%)
2021 $3.3b (22.6%) $151.7m (25.7%) $170.5m (-22.9%) 4.6% (2.6%) $2.81 (26.0%)
2022 $3.3b (1.1%) $152.2m (0.3%) $-149.2m (-187.5%) 4.6% (-0.8%) $2.86 (1.8%)
2023 $3.3b (-0.9%) $125.6m (-17.4%) $327.7m (319.6%) 3.8% (-16.7%) $2.40 (-16.1%)
2024 $3.2b (-3.3%) $108.0m (-14.1%) $351.8m (7.4%) 3.4% (-11.1%) $1.64 (-31.7%)
2025 $3.1b (-2.2%) $162.8m (50.8%) $291.1m (-17.2%) 5.2% (54.2%) $2.58 (57.3%)

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