Discounted Cash Flow

Jackson Financial Inc.

JXN · 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)
2020 $3.2b $-1.6b $3.8b -51.0% $-24.14
2021 $8.8b (176.0%) $3.2b (294.8%) $5.7b (52.1%) 36.0% (170.6%) $33.86 (240.3%)
2022 $14.6b (64.5%) $5.7b (79.0%) $5.2b (-9.4%) 39.2% (8.8%) $66.62 (96.8%)
2023 $3.2b (-78.3%) $934.0m (-83.6%) $5.3b (2.0%) 29.6% (-24.5%) $10.99 (-83.5%)
2024 $3.3b (3.5%) $946.0m (1.3%) $5.8b (9.1%) 28.9% (-2.2%) $11.86 (7.9%)
2025 $6.7b (104.3%) $27.0m (-97.1%) $5.8b (-0.6%) 0.4% (-98.6%) $-0.24 (-102.0%)

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