Discounted Cash Flow

GAP Inc.

GAP · Based on 10 years of SEC filings

DCF estimate unavailable — loss_in_2023

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 $15.8b $920.0m $868.0m 5.8% $2.24
2017 $15.5b (-1.8%) $676.0m (-26.5%) $1.2b (37.7%) 4.4% (-25.2%) $1.69 (-24.6%)
2018 $15.9b (2.2%) $848.0m (25.4%) $649.0m (-45.7%) 5.3% (22.8%) $2.16 (27.8%)
2019 $16.6b (4.6%) $1.0b (18.3%) $676.0m (4.2%) 6.0% (13.1%) $2.61 (20.8%)
2020 $16.4b (-1.2%) $351.0m (-65.0%) $709.0m (4.9%) 2.1% (-64.6%) $0.93 (-64.4%)
2021 $13.8b (-15.8%) $-665.0m (-289.5%) $-155.0m (-121.9%) -4.8% (-324.9%) $-1.78 (-291.4%)
2022 $16.7b (20.8%) $256.0m (138.5%) $115.0m (174.2%) 1.5% (131.9%) $0.68 (138.2%)
2023 $15.6b (-6.3%) $-202.0m (-178.9%) $-78.0m (-167.8%) -1.3% (-184.2%) $-0.55 (-180.9%)
2024 $14.9b (-4.7%) $502.0m (348.5%) $1.1b (1525.6%) 3.4% (360.6%) $1.36 (347.3%)
2025 $15.1b (1.3%) $844.0m (68.1%) $1.0b (-6.6%) 5.6% (65.9%) $2.24 (64.7%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Values abbreviated: b = billions, m = millions, k = thousands.

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

loss_in_2023

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