Discounted Cash Flow

Franklin Electric Co. Inc.

FELE · 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 $949.9m $78.7m $76.2m 8.3% $1.67
2017 $1.1b (18.4%) $78.2m (-0.7%) $33.3m (-56.4%) 6.9% (-16.2%) $1.67 (0.0%)
2018 $1.3b (15.4%) $105.9m (35.4%) $106.0m (218.6%) 8.2% (17.4%) $2.25 (34.7%)
2019 $1.3b (1.3%) $95.5m (-9.8%) $155.8m (47.0%) 7.3% (-10.9%) $2.04 (-9.3%)
2020 $1.2b (-5.1%) $100.5m (5.2%) $189.0m (21.3%) 8.1% (10.9%) $2.16 (5.9%)
2021 $1.7b (33.2%) $153.9m (53.2%) $99.6m (-47.3%) 9.3% (15.0%) $3.29 (52.3%)
2022 $2.0b (23.0%) $187.3m (21.8%) $59.8m (-40.0%) 9.2% (-1.0%) $4.02 (22.2%)
2023 $2.1b (1.0%) $193.3m (3.2%) $274.3m (358.9%) 9.4% (2.1%) $4.17 (3.7%)
2024 $2.0b (-2.1%) $180.3m (-6.7%) $219.7m (-19.9%) 8.9% (-4.7%) $3.92 (-6.0%)
2025 $2.1b (5.4%) $147.1m (-18.4%) $193.5m (-11.9%) 6.9% (-22.6%) $3.25 (-17.1%)

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