Discounted Cash Flow

Patrick Industries Inc.

PATK · 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 $1.2b $55.6m $81.7m 4.5% $3.70
2017 $1.6b (33.9%) $85.7m (54.2%) $77.4m (-5.3%) 5.2% (15.2%) $3.54 (-4.3%)
2018 $2.3b (38.4%) $119.8m (39.8%) $165.5m (113.8%) 5.3% (1.0%) $4.99 (41.0%)
2019 $2.3b (3.3%) $89.6m (-25.3%) $164.7m (-0.5%) 3.8% (-27.6%) $3.88 (-22.2%)
2020 $2.5b (6.4%) $97.1m (8.4%) $128.1m (-22.3%) 3.9% (1.9%) $4.27 (10.1%)
2021 $4.1b (64.0%) $224.9m (131.7%) $187.3m (46.3%) 5.5% (41.3%) $9.87 (131.1%)
2022 $4.9b (19.7%) $328.2m (45.9%) $331.9m (77.2%) 6.7% (21.9%) $14.82 (50.2%)
2023 $3.5b (-29.0%) $142.9m (-56.5%) $349.7m (5.4%) 4.1% (-38.7%) $6.64 (-55.2%)
2024 $3.7b (7.1%) $138.4m (-3.1%) $251.2m (-28.2%) 3.7% (-9.6%) $4.25 (-36.0%)
2025 $4.0b (6.3%) $135.1m (-2.4%) $246.5m (-1.9%) 3.4% (-8.2%) $4.16 (-2.1%)

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