Discounted Cash Flow

Lamb Weston Holdings, Inc.

LW · 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 $3.2b $326.9m $159.5m 10.3% $2.22
2018 $3.4b (8.1%) $416.8m (27.5%) $174.4m (9.3%) 12.2% (18.0%) $2.83 (27.5%)
2019 $3.8b (9.7%) $478.6m (14.8%) $346.7m (98.8%) 12.7% (4.7%) $3.19 (12.7%)
2020 $3.8b (1.0%) $365.9m (-23.5%) $406.3m (17.2%) 9.6% (-24.3%) $2.50 (-21.6%)
2021 $3.7b (-3.2%) $317.8m (-13.1%) $406.0m (-0.1%) 8.7% (-10.3%) $2.17 (-13.2%)
2022 $4.1b (11.7%) $200.9m (-36.8%) $128.0m (-68.5%) 4.9% (-43.4%) $1.38 (-36.4%)
2023 $5.4b (30.5%) $1.0b (402.2%) $107.7m (-15.9%) 18.9% (284.7%) $6.98 (405.7%)
2024 $6.5b (20.9%) $725.5m (-28.1%) $-131.3m (-221.9%) 11.2% (-40.5%) $5.01 (-28.3%)
2025 $6.5b (-0.3%) $357.2m (-50.8%) $230.1m (275.2%) 5.5% (-50.6%) $2.51 (-49.8%)

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