Discounted Cash Flow

Pool Corp.

POOL · 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 $2.6b $149.0m $131.0m 5.8% $3.56
2017 $2.8b (8.5%) $191.6m (28.7%) $135.9m (3.7%) 6.9% (18.6%) $4.69 (31.7%)
2018 $3.0b (7.5%) $234.5m (22.3%) $87.1m (-35.9%) 7.8% (13.8%) $5.82 (24.1%)
2019 $3.2b (6.7%) $261.6m (11.6%) $265.4m (204.8%) 8.2% (4.5%) $6.57 (12.9%)
2020 $3.9b (23.0%) $366.7m (40.2%) $375.9m (41.6%) 9.3% (14.0%) $9.14 (39.1%)
2021 $5.3b (34.5%) $650.6m (77.4%) $275.8m (-26.6%) 12.3% (31.9%) $16.21 (77.4%)
2022 $6.2b (16.7%) $748.5m (15.0%) $441.2m (60.0%) 12.1% (-1.4%) $18.89 (16.5%)
2023 $5.5b (-10.3%) $523.2m (-30.1%) $828.1m (87.7%) 9.4% (-22.0%) $13.45 (-28.8%)
2024 $5.3b (-4.2%) $434.3m (-17.0%) $599.7m (-27.6%) 8.2% (-13.4%) $11.37 (-15.5%)
2025 $5.3b (-0.4%) $406.4m (-6.4%) $309.5m (-48.4%) 7.7% (-6.0%) $10.89 (-4.2%)

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