Discounted Cash Flow

RPM International Inc./De/

RPM · 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 $4.8b $354.7m 7.4% $2.70
2017 $5.0b (3.0%) $181.8m (-48.7%) $260.0m 3.7% (-50.2%) $1.37 (-49.3%)
2018 $5.3b (7.3%) $337.8m (85.8%) $275.8m (6.1%) 6.3% (73.1%) $2.55 (86.1%)
2019 $5.6b (4.6%) $266.6m (-21.1%) $156.2m (-43.4%) 4.8% (-24.5%) $2.03 (-20.4%)
2020 $5.5b (-1.0%) $304.4m (14.2%) $402.2m (157.5%) 5.5% (15.4%) $2.35 (15.8%)
2021 $6.1b (10.9%) $502.6m (65.1%) $609.0m (51.4%) 8.2% (48.9%) $3.89 (65.5%)
2022 $6.7b (9.8%) $491.5m (-2.2%) $-43.7m (-107.2%) 7.3% (-11.0%) $3.81 (-2.1%)
2023 $7.3b (8.2%) $478.7m (-2.6%) $322.7m (838.8%) 6.6% (-10.0%) $3.74 (-1.8%)
2024 $7.3b (1.1%) $588.4m (22.9%) $908.3m (181.5%) 8.0% (21.6%) $4.58 (22.5%)
2025 $7.4b (0.5%) $688.7m (17.0%) $538.3m (-40.7%) 9.3% (16.5%) $5.38 (17.5%)

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