Discounted Cash Flow

Stonex Group Inc.

SNEX · 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 $14.8b $54.7m $-43.2m 0.4% $2.94
2017 $29.4b (99.4%) $6.4m (-88.3%) $-2.2m (94.9%) 0.0% (-94.1%) $0.32 (-89.1%)
2018 $27.6b (-6.1%) $55.5m (767.2%) $-86.5m (-3831.8%) 0.2% (823.7%) $2.93 (815.6%)
2019 $32.9b (19.1%) $85.1m (53.3%) $183.7m (312.4%) 0.3% (28.7%) $4.46 (52.2%)
2020 $54.1b (64.6%) $169.6m (99.3%) $1.9b (952.8%) 0.3% (21.1%) $8.78 (96.9%)
2021 $42.5b (-21.4%) $116.3m (-31.4%) $2.1b (6.5%) 0.3% (-12.7%) $5.90 (-32.8%)
2022 $66.0b (55.3%) $207.1m (78.1%) $-279.0m (-113.5%) 0.3% (14.7%) $10.27 (74.1%)
2023 $60.9b (-7.8%) $238.5m (15.2%) $-70.6m (74.7%) 0.4% (25.0%) $11.55 (12.5%)
2024 $99.9b (64.1%) $260.8m (9.4%) $441.7m (725.6%) 0.3% (-33.4%) $8.24 (-28.7%)
2025 $132.4b (32.5%) $305.9m (17.3%) $4.3b (878.7%) 0.2% (-11.5%) $6.22 (-24.5%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Values abbreviated: b = billions, m = millions, k = thousands.

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