Discounted Cash Flow

Innospec Inc.

IOSP · 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 $883.4m $81.3m $104.5m 9.2% $3.39
2017 $1.3b (47.9%) $61.8m (-24.0%) $82.7m (-20.9%) 4.7% (-48.6%) $2.56 (-24.5%)
2018 $1.5b (13.0%) $85.0m (37.5%) $104.9m (26.8%) 5.8% (21.7%) $3.48 (35.9%)
2019 $1.5b (2.5%) $112.2m (32.0%) $161.6m (54.1%) 7.4% (28.8%) $4.58 (31.6%)
2020 $1.2b (-21.2%) $28.7m (-74.4%) $145.9m (-9.7%) 2.4% (-67.6%) $1.17 (-74.5%)
2021 $1.5b (24.3%) $93.1m (224.4%) $93.2m (-36.1%) 6.3% (160.9%) $3.78 (223.1%)
2022 $2.0b (32.4%) $133.0m (42.9%) $39.4m (-57.7%) 6.8% (7.9%) $5.37 (42.1%)
2023 $1.9b (-0.8%) $139.1m (4.6%) $130.1m (230.2%) 7.1% (5.4%) $5.60 (4.3%)
2024 $1.8b (-5.3%) $35.6m (-74.4%) $122.2m (-6.1%) 1.9% (-73.0%) $1.43 (-74.5%)
2025 $1.8b (-3.7%) $116.6m (227.5%) $62.8m (-48.6%) 6.6% (239.9%) $4.69 (228.0%)

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