Discounted Cash Flow

Rentokil Initial Plc. /Fi ADR

RTO · 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)
2020 $2.8b $186.0m $418.0m 6.6% $0.10
2021 $3.0b (5.5%) $263.0m (41.4%) $435.0m (4.1%) 8.9% (34.0%) $0.14 (41.2%)
2022 $3.7b (25.6%) $232.0m (-11.8%) $452.0m (3.9%) 6.2% (-29.8%) $0.12 (-18.3%)
2023 $5.4b (44.7%) $381.0m (64.2%) $583.0m (29.0%) 7.1% (13.5%) $0.15 (30.9%)
2024 $5.4b (1.1%) $307.0m (-19.4%) $519.0m (-11.0%) 5.6% (-20.3%) $0.12 (-19.6%)
2025 $6.9b (27.1%) $470.0m (53.1%) $805.0m (55.1%) 6.8% (20.5%) $0.19 (53.0%)

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