Discounted Cash Flow

Curtiss Wright Corp.

CW · 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 $2.1b $187.3m $376.4m 8.9% $4.22
2017 $2.3b (7.7%) $214.9m (14.7%) $336.0m (-10.7%) 9.5% (6.5%) $4.86 (15.2%)
2018 $2.4b (6.2%) $275.7m (28.3%) $282.9m (-15.8%) 11.4% (20.8%) $6.28 (29.2%)
2019 $2.5b (3.2%) $307.6m (11.5%) $351.7m (24.3%) 12.4% (8.1%) $7.20 (14.6%)
2020 $2.4b (-3.9%) $201.4m (-34.5%) $213.7m (-39.2%) 8.4% (-31.9%) $4.83 (-32.9%)
2021 $2.5b (4.8%) $267.2m (32.7%) $346.6m (62.2%) 10.7% (26.6%) $6.61 (36.9%)
2022 $2.6b (2.0%) $294.3m (10.2%) $256.6m (-26.0%) 11.5% (8.0%) $7.67 (16.0%)
2023 $2.8b (11.3%) $354.5m (20.4%) $403.4m (57.2%) 12.5% (8.2%) $9.26 (20.7%)
2024 $3.1b (9.7%) $405.0m (14.2%) $483.3m (19.8%) 13.0% (4.1%) $10.61 (14.6%)
2025 $3.5b (12.1%) $484.2m (19.6%) $553.7m (14.6%) 13.8% (6.7%) $12.94 (22.0%)

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