Discounted Cash Flow

Carpenter Technology Corp.

CRS · 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 $11.3m $256.9m 0.6% $0.23
2017 $1.8b (-0.9%) $47.0m (315.9%) $129.3m (-49.7%) 2.6% (319.6%) $0.99 (330.4%)
2018 $2.2b (20.0%) $188.5m (301.1%) $209.2m (61.8%) 8.7% (234.1%) $3.96 (300.0%)
2019 $2.4b (10.3%) $167.0m (-11.4%) $232.4m (11.1%) 7.0% (-19.7%) $3.46 (-12.6%)
2020 $2.2b (-8.4%) $1.5m (-99.1%) $231.8m (-0.3%) 0.1% (-99.0%) $0.02 (-99.4%)
2021 $1.5b (-32.3%) $-229.6m (-15406.7%) $250.0m (7.9%) -15.6% (-22724.9%) $-4.76 (-23900.0%)
2022 $1.8b (24.4%) $-49.1m (78.6%) $-85.3m (-134.1%) -2.7% (82.8%) $-1.01 (78.8%)
2023 $2.6b (38.9%) $56.4m (214.9%) $-67.6m (20.8%) 2.2% (182.7%) $1.15 (213.9%)
2024 $2.8b (8.2%) $186.5m (230.7%) $178.3m (363.8%) 6.8% (205.6%) $3.75 (226.1%)
2025 $2.9b (4.3%) $376.0m (101.6%) $286.1m (60.5%) 13.1% (93.4%) $7.50 (100.0%)

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