Discounted Cash Flow

Frontdoor, Inc.

FTDR · 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)
2017 $1.2b $160.0m $179.0m 13.8%
2018 $1.3b (8.7%) $125.0m (-21.9%) $162.0m (-9.5%) 9.9% (-28.1%)
2019 $1.4b (8.5%) $153.0m (22.4%) $178.0m (9.9%) 11.2% (12.8%)
2020 $1.5b (8.0%) $112.0m (-26.8%) $175.0m (-1.7%) 7.6% (-32.2%)
2021 $1.6b (8.7%) $128.0m (14.3%) $154.0m (-12.0%) 8.0% (5.2%)
2022 $1.7b (3.7%) $71.0m (-44.5%) $102.0m (-33.8%) 4.3% (-46.5%)
2023 $1.8b (7.1%) $171.0m (140.8%) $170.0m (66.7%) 9.6% (124.9%)
2024 $1.8b (3.5%) $235.0m (37.4%) $231.0m (35.9%) 12.8% (32.7%)
2025 $2.1b (13.6%) $255.0m (8.5%) $390.0m (68.8%) 12.2% (-4.5%)

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