Discounted Cash Flow

Celestica Inc.

CLS · 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 $6.0b $136.3m $173.3m 2.3% $0.96
2017 $6.1b (1.6%) $105.0m (-23.0%) $24.4m (-85.9%) 1.7% (-24.1%) $0.73 (-24.0%)
2018 $6.6b (8.6%) $98.9m (-5.8%) $-49.1m (-301.2%) 1.5% (-13.2%) $0.71 (-2.7%)
2019 $5.9b (-11.2%) $70.3m (-28.9%) $264.5m (638.7%) 1.2% (-19.9%) $0.54 (-23.9%)
2020 $5.7b (-2.4%) $60.6m (-13.8%) $186.8m (-29.4%) 1.1% (-11.7%) $0.47 (-13.0%)
2021 $5.6b (-2.0%) $103.9m (71.5%) $174.6m (-6.5%) 1.8% (74.9%) $0.82 (74.5%)
2022 $7.2b (28.7%) $145.5m (40.0%) $102.1m (-41.5%) 2.0% (8.8%) $1.18 (43.9%)
2023 $8.0b (9.8%) $244.6m (68.1%) $201.1m (97.0%) 3.1% (53.1%) $2.04 (72.9%)
2024 $9.6b (21.2%) $428.0m (75.0%) $303.0m (50.7%) 4.4% (44.4%) $3.62 (77.5%)
2025 $12.4b (28.5%) $832.5m (94.5%) $458.3m (51.3%) 6.7% (51.4%) $7.22 (99.4%)

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