Discounted Cash Flow
Garmin Ltd.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $3.0b | $510.8m | $614.7m | 16.9% | $2.71 |
| 2017 | $3.1b (2.3%) | $695.0m (36.0%) | $521.1m (-15.2%) | 22.5% (33.0%) | $3.70 (36.5%) |
| 2018 | $3.3b (8.4%) | $694.1m (-0.1%) | $763.8m (46.6%) | 20.7% (-7.9%) | $3.68 (-0.5%) |
| 2019 | $3.8b (12.2%) | $952.5m (37.2%) | $580.5m (-24.0%) | 25.3% (22.3%) | $5.01 (36.1%) |
| 2020 | $4.2b (11.4%) | $992.3m (4.2%) | $949.9m (63.6%) | 23.7% (-6.5%) | $5.19 (3.6%) |
| 2021 | $5.0b (19.0%) | $1.1b (9.1%) | $704.8m (-25.8%) | 21.7% (-8.4%) | $5.63 (8.5%) |
| 2022 | $4.9b (-2.5%) | $973.6m (-10.0%) | $544.0m (-22.8%) | 20.0% (-7.8%) | $5.06 (-10.1%) |
| 2023 | $5.2b (7.6%) | $1.3b (32.5%) | $1.2b (117.4%) | 24.7% (23.1%) | $6.74 (33.2%) |
| 2024 | $6.3b (20.4%) | $1.4b (9.4%) | $1.2b (4.7%) | 22.4% (-9.1%) | $7.35 (9.1%) |
| 2025 | $7.2b (15.1%) | $1.7b (17.9%) | $1.4b (10.0%) | 23.0% (2.5%) | $8.65 (17.7%) |
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): —
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.