Discounted Cash Flow

Griffon Corp.

GFF · 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 $2.0b $30.0m $-46.5m 1.5% $0.73
2017 $1.5b (-22.1%) $14.9m (-50.3%) $13.2m (128.4%) 1.0% (-36.2%) $0.36 (-50.7%)
2018 $2.0b (29.7%) $125.7m (742.8%) $9.7m (-26.9%) 6.4% (549.8%) $3.06 (750.0%)
2019 $2.2b (11.7%) $37.3m (-70.3%) $18.0m (86.2%) 1.7% (-73.4%) $0.91 (-70.3%)
2020 $2.4b (9.0%) $53.4m (43.3%) $14.1m (-21.3%) 2.2% (31.5%) $1.25 (37.4%)
2021 $2.3b (-5.7%) $79.2m (48.3%) $23.8m (68.5%) 3.5% (57.2%) $1.56 (24.8%)
2022 $2.8b (25.4%) $-191.6m (-341.8%) $35.8m (50.2%) -6.7% (-292.8%) $-3.71 (-337.8%)
2023 $2.7b (-5.7%) $77.6m (140.5%) $36.2m (1.2%) 2.9% (143.0%) $1.49 (140.2%)
2024 $2.6b (-2.3%) $209.9m (170.4%) $32.3m (-10.9%) 8.0% (176.8%) $4.41 (196.0%)
2025 $2.5b (-3.9%) $51.1m (-75.6%) $40.5m (25.3%) 2.0% (-74.6%) $1.13 (-74.4%)

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