Discounted Cash Flow

Mueller Water Products, Inc.

MWA · 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 $1.1b $63.9m $105.7m 5.6% $0.40
2017 $826.0m (-27.5%) $123.3m (93.0%) $18.8m (-82.2%) 14.9% (166.1%) $0.77 (92.5%)
2018 $916.0m (10.9%) $105.6m (-14.4%) $77.4m (311.7%) 11.5% (-22.8%) $0.67 (-13.0%)
2019 $968.0m (5.7%) $63.8m (-39.6%) $5.9m (-92.4%) 6.6% (-42.8%) $0.40 (-40.3%)
2020 $964.1m (-0.4%) $72.0m (12.9%) $72.6m (1130.5%) 7.5% (13.3%) $0.21 (-47.5%)
2021 $1.1b (15.2%) $70.4m (-2.2%) $94.0m (29.5%) 6.3% (-15.2%) $0.44 (109.5%)
2022 $1.2b (12.3%) $76.6m (8.8%) $-2.4m (-102.6%) 6.1% (-3.1%) $0.49 (11.4%)
2023 $1.3b (2.3%) $85.5m (11.6%) $61.4m (2658.3%) 6.7% (9.1%) $0.55 (12.2%)
2024 $1.3b (3.1%) $115.9m (35.6%) $191.4m (211.7%) 8.8% (31.5%) $0.74 (34.5%)
2025 $1.4b (8.7%) $191.7m (65.4%) $172.0m (-10.1%) 13.4% (52.1%) $1.23 (66.2%)

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):

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