Discounted Cash Flow

Interparfums Inc.

IPAR · 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 $521.1m $33.3m $49.8m 6.4% $1.07
2017 $591.3m (13.5%) $41.6m (24.8%) $32.9m (-34.0%) 7.0% (10.0%) $1.33 (24.3%)
2018 $675.6m (14.3%) $53.8m (29.3%) $59.1m (79.8%) 8.0% (13.2%) $1.72 (29.3%)
2019 $713.5m (5.6%) $60.2m (12.0%) $71.0m (20.2%) 8.4% (6.0%) $1.92 (11.6%)
2020 $71.5m (-90.0%) $38.2m (-36.6%) $54.0m (-24.0%) 53.5% (533.0%) $1.21 (-37.0%)
2021 $879.5m (1130.1%) $87.4m (128.7%) $-21.7m (-140.2%) 9.9% (-81.4%) $2.76 (128.1%)
2022 $1.1b (23.6%) $120.9m (38.4%) $81.4m (475.3%) 11.1% (12.0%) $3.80 (37.7%)
2023 $1.3b (21.3%) $152.7m (26.2%) $99.3m (22.0%) 11.6% (4.1%) $4.77 (25.5%)
2024 $1.5b (10.2%) $164.4m (7.7%) $182.9m (84.2%) 11.3% (-2.3%) $5.13 (7.5%)
2025 $1.5b (2.5%) $168.4m (2.5%) $190.5m (4.1%) 11.3% (-0.0%) $5.25 (2.3%)

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