Discounted Cash Flow

Genworth Financial Inc.

GNW · 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 $8.4b $-277.0m $1.9b -3.3% $-0.56
2017 $8.3b (-0.9%) $817.0m (394.9%) $2.6b (37.9%) 9.8% (397.6%) $1.64 (392.9%)
2018 $8.4b (1.6%) $119.0m (-85.4%) $119.0m (-95.3%) 1.4% (-85.7%) $0.24 (-85.4%)
2019 $8.1b (-4.0%) $343.0m (188.2%) $2.1b (1647.1%) 4.2% (200.1%) $0.68 (183.3%)
2020 $8.7b (6.9%) $178.0m (-48.1%) $178.0m (-91.4%) 2.1% (-51.5%) $0.35 (-48.5%)
2021 $7.8b (-9.5%) $904.0m (407.9%) $437.0m (145.5%) 11.5% (461.4%) $1.78 (408.6%)
2022 $7.5b (-4.1%) $609.0m (-32.6%) $1.1b (147.1%) 8.1% (-29.7%) $1.21 (-32.0%)
2023 $7.5b (-0.3%) $76.0m (-87.5%) $600.0m (-44.4%) 1.0% (-87.5%) $0.16 (-86.8%)
2024 $7.3b (-2.6%) $299.0m (293.4%) $88.0m (-85.3%) 4.1% (303.8%) $0.69 (331.2%)
2025 $7.3b (0.1%) $223.0m (-25.4%) $339.0m (285.2%) 3.1% (-25.5%) $0.54 (-21.7%)

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