Discounted Cash Flow

RH

RH · 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)
2017 $2.1b $5.4m $-78.8m 0.3% $0.13
2018 $2.4b (14.3%) $2.2m (-59.6%) $408.9m (618.9%) 0.1% (-64.7%) $0.08 (-38.5%)
2019 $2.5b (2.7%) $135.7m (6126.2%) $220.6m (-46.1%) 5.4% (5963.5%) $6.28 (7750.0%)
2020 $2.6b (5.7%) $220.4m (62.4%) $245.6m (11.3%) 8.3% (53.7%) $11.55 (83.9%)
2021 $2.8b (7.6%) $271.8m (23.3%) $389.6m (58.7%) 9.5% (14.6%) $13.82 (19.7%)
2022 $3.8b (32.0%) $688.5m (153.3%) $476.7m (22.4%) 18.3% (92.0%) $32.37 (134.2%)
2023 $3.6b (-4.5%) $528.6m (-23.2%) $230.0m (-51.7%) 14.7% (-19.6%) $22.47 (-30.6%)
2024 $3.0b (-15.6%) $127.6m (-75.9%) $-67.1m (-129.2%) 4.2% (-71.4%) $6.42 (-71.4%)
2025 $3.2b (5.0%) $72.4m (-43.2%) $-213.7m (-218.3%) 2.3% (-45.9%) $3.92 (-38.9%)
2026 $3.4b (8.1%) $124.8m (72.3%) $252.4m (218.1%) 3.6% (59.4%) $6.65 (69.6%)

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