Discounted Cash Flow

Kontoor Brands, Inc.

KTB · 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)
2017 $2.8b $116.2m $167.8m 4.1% $2.05
2018 $2.8b (-2.3%) $263.1m (126.4%) $-96.9m (-157.7%) 9.5% (131.8%) $4.64 (126.3%)
2019 $2.5b (-7.8%) $96.7m (-63.3%) $772.9m (897.8%) 3.8% (-60.2%) $1.71 (-63.1%)
2020 $2.1b (-17.7%) $67.9m (-29.7%) $223.8m (-71.0%) 3.2% (-14.6%) $1.19 (-30.4%)
2021 $2.1b (0.0%) $67.9m (0.0%) $237.3m (6.1%) 3.2% (0.0%) $1.19 (0.0%)
2022 $2.6b (25.4%) $245.5m (261.4%) $265.5m (11.9%) 9.3% (188.1%) $4.40 (269.7%)
2023 $2.6b (-0.9%) $231.0m (-5.9%) $329.2m (24.0%) 8.9% (-5.0%) $4.13 (-6.1%)
2024 $2.6b (0.0%) $245.8m (6.4%) $349.4m (6.2%) 9.4% (6.4%) $4.42 (7.0%)
2025 $3.2b (20.9%) $227.5m (-7.5%) $434.8m (24.4%) 7.2% (-23.5%) $4.10 (-7.2%)
2026 $3.2b (0.0%) $227.5m (0.0%) $455.6m (4.8%) 7.2% (0.0%) $4.10 (0.0%)

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