Discounted Cash Flow

Dominos Pizza Inc.

DPZ · 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 $2.2b $192.8m $228.5m 8.7% $1.24
2017 $2.8b (25.8%) $277.9m (44.1%) $197.3m (-13.7%) 10.0% (14.6%) $6.05 (387.9%)
2018 $3.4b (23.1%) $362.0m (30.3%) $274.3m (39.0%) 10.5% (5.8%) $8.65 (43.0%)
2019 $3.6b (5.4%) $400.7m (10.7%) $411.4m (50.0%) 11.1% (5.0%) $9.83 (13.6%)
2020 $4.1b (13.8%) $491.3m (22.6%) $504.0m (22.5%) 11.9% (7.8%) $12.61 (28.3%)
2021 $4.4b (5.8%) $510.5m (3.9%) $560.0m (11.1%) 11.7% (-1.8%) $13.72 (8.8%)
2022 $4.4b (0.0%) $510.5m (0.0%) $560.0m (0.0%) 11.7% (0.0%) $13.72 (0.0%)
2023 $4.5b (2.8%) $519.1m (1.7%) $485.5m (-13.3%) 11.6% (-1.1%) $14.80 (7.9%)
2024 $4.7b (5.1%) $584.2m (12.5%) $512.0m (5.5%) 12.4% (7.1%) $16.83 (13.7%)
2025 $4.9b (5.0%) $601.7m (3.0%) $671.5m (31.2%) 12.2% (-1.9%) $17.69 (5.1%)

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