Discounted Cash Flow
Manhattan Associates Inc.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $604.6m | $124.2m | $132.5m | 20.5% | $1.73 |
| 2017 | $594.6m (-1.6%) | $116.5m (-6.2%) | $157.9m (19.1%) | 19.6% (-4.7%) | $1.68 (-2.9%) |
| 2018 | $559.2m (-6.0%) | $104.7m (-10.1%) | $130.0m (-17.6%) | 18.7% (-4.4%) | $1.58 (-6.0%) |
| 2019 | $617.9m (10.5%) | $85.8m (-18.1%) | $131.7m (1.3%) | 13.9% (-25.9%) | $1.33 (-15.8%) |
| 2020 | $586.4m (-5.1%) | $87.2m (1.7%) | $138.2m (4.9%) | 14.9% (7.2%) | $1.37 (3.0%) |
| 2021 | $663.6m (13.2%) | $110.5m (26.6%) | $181.2m (31.1%) | 16.6% (11.9%) | $1.74 (27.0%) |
| 2022 | $767.1m (15.6%) | $129.0m (16.7%) | $173.0m (-4.5%) | 16.8% (1.0%) | $2.05 (17.8%) |
| 2023 | $928.7m (21.1%) | $176.6m (36.9%) | $241.5m (39.6%) | 19.0% (13.1%) | $2.86 (39.5%) |
| 2024 | $1.0b (12.2%) | $218.4m (23.7%) | $286.3m (18.6%) | 20.9% (10.2%) | $3.56 (24.5%) |
| 2025 | $1.1b (3.7%) | $219.9m (0.7%) | $374.0m (30.6%) | 20.3% (-2.9%) | $3.64 (2.2%) |
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): —
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.