Discounted Cash Flow

Hexcel Corp. /De/

HXL · 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 $249.8m $73.5m 12.5%
2017 $2.0b (-1.5%) $284.0m (13.7%) $150.6m (104.9%) 14.4% (15.5%)
2018 $2.2b (10.9%) $276.6m (-2.6%) $237.3m (57.6%) 12.6% (-12.2%)
2019 $2.4b (7.6%) $306.6m (10.8%) $287.0m (20.9%) 13.0% (3.0%)
2020 $1.5b (-36.2%) $31.7m (-89.7%) $213.7m (-25.5%) 2.1% (-83.8%)
2021 $1.3b (-11.8%) $16.1m (-49.2%) $123.8m (-42.1%) 1.2% (-42.4%)
2022 $1.6b (19.1%) $126.3m (684.5%) $96.8m (-21.8%) 8.0% (558.7%)
2023 $1.8b (13.4%) $105.7m (-16.3%) $148.9m (53.8%) 5.9% (-26.2%)
2024 $1.9b (6.4%) $132.1m (25.0%) $202.9m (36.3%) 6.9% (17.5%)
2025 $1.9b (-0.5%) $109.4m (-17.2%) $157.2m (-22.5%) 5.8% (-16.8%)

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