Discounted Cash Flow

Illumina, Inc.

ILMN · Based on 10 years of SEC filings

DCF estimate unavailable — loss_in_2023

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 $2.2b $461.6m $516.7m 20.8% $3.10
2017 $2.8b (24.0%) $726.0m (57.3%) $377.2m (-27.0%) 26.4% (26.9%) $4.82 (55.5%)
2018 $3.3b (21.1%) $826.0m (13.8%) $846.0m (124.3%) 24.8% (-6.1%) $5.48 (13.5%)
2019 $3.5b (6.3%) $1.0b (21.3%) $-125.0m (-114.8%) 28.3% (14.1%) $6.62 (21.0%)
2020 $3.2b (-8.6%) $656.0m (-34.5%) $891.0m (812.8%) 20.3% (-28.4%) $4.36 (-34.2%)
2021 $4.5b (39.7%) $762.0m (16.2%) $-122.0m (-113.7%) 16.8% (-16.9%) $4.93 (13.2%)
2022 $4.5b (0.0%) $762.0m (0.0%) $-112.0m (8.2%) 16.8% (0.0%) $4.93 (0.0%)
2023 $4.5b (-0.5%) $-1.2b (-252.4%) $-83.0m (25.9%) -25.8% (-253.1%) $-7.14 (-244.8%)
2024 $4.4b (-2.9%) $-1.2b (-5.3%) $4.0m (104.8%) -28.0% (-8.5%) $-7.69 (-7.7%)
2025 $4.3b (-0.7%) $850.0m (169.5%) $-34.0m (-950.0%) 19.6% (170.0%) $5.47 (171.1%)

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

loss_in_2023

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.