Discounted Cash Flow

Hayward Holdings, Inc.

HAYW · 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)
2019 $733.4m $8.5m $68.9m 1.2% $3.50
2020 $875.4m (19.4%) $43.3m (408.1%) $199.6m (189.6%) 4.9% (325.7%) $32.51 (829.3%)
2021 $1.4b (60.1%) $203.7m (370.5%) $163.2m (-18.3%) 14.5% (193.8%) $1.09 (-96.7%)
2022 $1.3b (-6.3%) $179.3m (-12.0%) $86.3m (-47.1%) 13.6% (-6.1%) $0.82 (-24.9%)
2023 $992.5m (-24.5%) $80.7m (-55.0%) $153.5m (77.9%) 8.1% (-40.4%) $0.38 (-53.6%)
2024 $1.1b (6.0%) $118.7m (47.1%) $187.8m (22.3%) 11.3% (38.8%) $0.55 (45.8%)
2025 $1.1b (6.7%) $151.6m (27.7%) $227.3m (21.1%) 13.5% (19.7%) $0.70 (26.8%)

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