Discounted Cash Flow

LKQ Corp.

LKQ · 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 $8.6b $464.0m $635.0m 5.4% $1.51
2017 $9.7b (13.4%) $533.7m (15.0%) $518.9m (-18.3%) 5.5% (1.4%) $1.73 (14.6%)
2018 $11.9b (22.0%) $480.1m (-10.0%) $710.7m (37.0%) 4.0% (-26.3%) $1.53 (-11.6%)
2019 $12.5b (5.3%) $541.3m (12.7%) $1.1b (49.7%) 4.3% (7.1%) $1.75 (14.4%)
2020 $11.6b (-7.0%) $638.4m (18.0%) $1.4b (35.7%) 5.5% (26.8%) $2.10 (20.0%)
2021 $13.1b (12.6%) $1.1b (70.9%) $1.4b (-5.3%) 8.3% (51.8%) $3.68 (75.2%)
2022 $12.8b (-2.3%) $1.1b (5.3%) $1.0b (-24.8%) 9.0% (7.8%) $4.15 (12.8%)
2023 $13.9b (8.4%) $938.0m (-18.4%) $998.0m (-2.9%) 6.8% (-24.7%) $3.50 (-15.7%)
2024 $14.4b (3.5%) $693.0m (-26.1%) $810.0m (-18.8%) 4.8% (-28.6%) $2.62 (-25.1%)
2025 $13.7b (-4.9%) $608.0m (-12.3%) $847.0m (4.6%) 4.5% (-7.7%) $2.36 (-9.9%)

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