Discounted Cash Flow

NL Industries Inc.

NL · 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 $108.9m $15.3m $24.5m 14.1% $0.31
2017 $112.0m (2.9%) $116.1m (657.6%) $15.8m (-35.4%) 103.6% (636.5%) $2.38 (667.7%)
2018 $118.2m (5.5%) $-41.0m (-135.3%) $14.0m (-11.8%) -34.7% (-133.5%) $-0.84 (-135.3%)
2019 $124.2m (5.1%) $25.8m (163.0%) $24.3m (73.9%) 20.8% (160.0%) $0.53 (163.1%)
2020 $114.5m (-7.8%) $14.7m (-43.2%) $17.3m (-28.8%) 12.8% (-38.4%) $0.30 (-43.4%)
2021 $140.8m (22.9%) $51.2m (248.7%) $13.5m (-21.8%) 36.4% (183.6%) $1.05 (250.0%)
2022 $166.6m (18.3%) $33.8m (-33.9%) $23.2m (71.9%) 20.3% (-44.1%) $0.69 (-34.3%)
2023 $161.3m (-3.2%) $-2.3m (-106.8%) $-2.3m (-109.9%) -1.4% (-107.0%) $-0.05 (-107.2%)
2024 $145.9m (-9.5%) $67.2m (3012.8%) $24.1m (1146.0%) 46.1% (3319.1%) $1.38 (2860.0%)
2025 $158.3m (8.5%) $-37.8m (-156.3%) $-40.1m (-266.3%) -23.9% (-151.9%) $-0.77 (-155.8%)

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.