Discounted Cash Flow

Mercury Systems Inc.

MRCY · Based on 10 years of SEC filings

DCF estimate unavailable — loss_in_2023

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 $270.2m $19.7m $29.1m 7.3% $0.58
2017 $408.6m (51.2%) $24.9m (26.0%) $26.3m (-9.5%) 6.1% (-16.7%) $0.59 (1.7%)
2018 $493.2m (20.7%) $40.9m (64.4%) $28.2m (7.3%) 8.3% (36.2%) $0.88 (49.2%)
2019 $654.7m (32.8%) $46.8m (14.4%) $70.8m (151.0%) 7.1% (-13.8%) $0.98 (11.4%)
2020 $796.6m (21.7%) $85.7m (83.2%) $71.9m (1.5%) 10.8% (50.6%) $1.57 (60.2%)
2021 $924.0m (16.0%) $62.0m (-27.6%) $51.6m (-28.2%) 6.7% (-37.6%) $1.13 (-28.0%)
2022 $988.2m (6.9%) $11.3m (-81.8%) $-46.5m (-190.1%) 1.1% (-83.0%) $0.20 (-82.3%)
2023 $973.9m (-1.4%) $-28.3m (-351.3%) $-60.0m (-29.1%) -2.9% (-355.0%) $-0.50 (-350.0%)
2024 $835.3m (-14.2%) $-137.6m (-385.8%) $26.1m (143.4%) -16.5% (-466.4%) $-2.38 (-376.0%)
2025 $912.0m (9.2%) $-37.9m (72.5%) $119.0m (356.3%) -4.2% (74.8%) $-0.65 (72.7%)

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

loss_in_2023

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.