Discounted Cash Flow

Cushman & Wakefield Ltd.

CWK · Based on 10 years of SEC filings

DCF estimate unavailable — erratic_earnings_5_sign_flips

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)
2017 $6.9b $-221.3m $7.0m -3.2% $-1.54
2018 $8.2b (18.7%) $-185.8m (16.0%) $-3.6m (-151.4%) -2.3% (29.3%) $-1.09 (29.2%)
2019 $8.8b (6.5%) $200.0k (100.1%) $-16.8m (-366.7%) 0.0% (100.1%) $0.00 (100.0%)
2020 $7.8b (-10.4%) $-220.5m (-110350.0%) $-64.5m (-283.9%) -2.8% (-123102.9%) $-1.00
2021 $9.4b (19.7%) $250.0m (213.4%) $1.5m (102.3%) 2.7% (194.7%) $1.12 (212.0%)
2022 $10.1b (7.6%) $196.4m (-21.4%) $-54.1m (-3706.7%) 1.9% (-27.0%) $0.87 (-22.3%)
2023 $9.5b (-6.1%) $-35.4m (-118.0%) $-34.3m (36.6%) -0.4% (-119.2%) $-0.16 (-118.4%)
2024 $9.4b (-0.5%) $131.3m (470.9%) $-67.6m (-97.1%) 1.4% (472.8%) $0.57 (456.2%)
2025 $10.3b (8.9%) $88.2m (-32.8%) $-77.7m (-14.9%) 0.9% (-38.3%) $0.38 (-33.3%)

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

erratic_earnings_5_sign_flips

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.