Discounted Cash Flow

Pacific Airport Group ADR

PAC · 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 $11.1b $3.3b $5.6b 29.5% $6.24
2017 $12.4b (11.3%) $4.6b (41.7%) $6.2b (9.4%) 37.6% (27.2%) $8.85 (41.7%)
2018 $14.1b (14.2%) $5.0b (8.4%) $7.2b (17.3%) 35.7% (-5.1%) $9.58 (8.4%)
2019 $16.2b (14.9%) $5.4b (6.4%) $8.2b (12.8%) 33.0% (-7.4%)
2020 $11.9b (-26.9%) $2.0b (-63.3%) $3.6b (-56.3%) 16.6% (-49.8%) $3746.10
2021 $19.0b (60.2%) $6.0b (204.6%) $11.1b (211.1%) 31.5% (90.1%) $11.55 (-99.7%)
2022 $27.4b (44.0%) $9.0b (50.3%) $12.5b (12.8%) 32.9% (4.4%) $17.73 (53.5%)
2023 $33.2b (21.3%) $9.5b (5.9%) $13.9b (11.3%) 28.7% (-12.7%) $18.89 (6.5%)
2024 $33.6b (1.2%) $8.6b (-9.8%) $16.7b (19.7%) 25.6% (-10.8%) $17.04 (-9.8%)
2025 $41.4b (23.2%) $14.1b (63.9%) $18.2b (9.4%) 34.1% (33.0%) $18.93 (11.1%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Values abbreviated: b = billions, m = millions, k = thousands.

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