Discounted Cash Flow

Hawkins Inc.

HWKN · 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)
2017 $483.6m $22.6m $23.2m 4.7% $2.14
2018 $504.2m (4.3%) $-9.2m (-140.7%) $7.6m (-67.1%) -1.8% (-139.0%) $-0.87 (-140.7%)
2019 $556.3m (10.3%) $24.4m (366.2%) $35.4m (362.6%) 4.4% (341.3%) $2.29 (363.2%)
2020 $540.2m (-2.9%) $28.4m (16.1%) $34.4m (-2.9%) 5.3% (19.6%) $2.68 (17.0%)
2021 $596.9m (10.5%) $41.0m (44.5%) $23.0m (-33.1%) 6.9% (30.7%) $1.95 (-27.2%)
2022 $774.5m (29.8%) $51.5m (25.8%) $14.3m (-37.7%) 6.7% (-3.1%) $2.46 (26.2%)
2023 $935.1m (20.7%) $60.0m (16.5%) $29.1m (103.0%) 6.4% (-3.5%) $2.88 (17.1%)
2024 $919.2m (-1.7%) $75.4m (25.5%) $119.3m (310.4%) 8.2% (27.7%) $3.61 (25.3%)
2025 $974.4m (6.0%) $84.3m (11.9%) $70.0m (-41.3%) 8.7% (5.6%) $4.05 (12.2%)
2026 $1.1b (11.2%) $81.5m (-3.3%) $86.1m (23.0%) 7.5% (-13.1%) $3.93 (-3.0%)

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