Discounted Cash Flow
Meritage Homes Corp.
—
—
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 | — | $149.5m | $-120.1m | — | $3.74 |
| 2017 | — | $143.3m (-4.2%) | $-105.2m (12.4%) | — | $3.56 (-4.8%) |
| 2018 | — | $227.3m (58.7%) | $228.8m (317.4%) | — | $5.67 (59.3%) |
| 2019 | — | $249.7m (9.8%) | $322.4m (40.9%) | — | $6.55 (15.5%) |
| 2020 | — | $423.5m (69.6%) | $510.4m (58.3%) | — | $11.23 (71.5%) |
| 2021 | — | $737.4m (74.1%) | $-177.8m (-134.8%) | — | $19.61 (74.6%) |
| 2022 | — | $992.2m (34.5%) | $378.3m (312.8%) | — | $27.04 (37.9%) |
| 2023 | — | $738.7m (-25.5%) | $317.4m (-16.1%) | — | $20.17 (-25.4%) |
| 2024 | — | $786.2m (6.4%) | $-256.2m (-180.7%) | — | $10.85 (-46.2%) |
| 2025 | — | $453.0m (-42.4%) | $92.6m (136.1%) | — | $6.40 (-41.0%) |
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): —
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.