Discounted Cash Flow

Sonoco Products Co.

SON · 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 $286.4m $211.9m 6.0% $2.83
2017 $5.0b (5.3%) $175.3m (-38.8%) $160.4m (-24.3%) 3.5% (-41.9%) $1.75 (-38.2%)
2018 $5.4b (7.0%) $313.6m (78.8%) $397.3m (147.6%) 5.8% (67.1%) $3.12 (78.3%)
2019 $5.4b (-0.3%) $291.8m (-6.9%) $229.9m (-42.1%) 5.4% (-6.7%) $2.90 (-7.1%)
2020 $5.2b (-2.5%) $207.5m (-28.9%) $511.5m (122.5%) 4.0% (-27.0%) $2.06 (-29.0%)
2021 $5.6b (6.7%) $-85.5m (-141.2%) $42.7m (-91.7%) -1.5% (-138.6%) $-0.86 (-141.7%)
2022 $7.3b (29.7%) $466.4m (645.7%) $180.3m (322.7%) 6.4% (520.7%) $4.76 (653.5%)
2023 $6.8b (-6.5%) $475.0m (1.8%) $519.8m (188.4%) 7.0% (8.9%) $4.83 (1.5%)
2024 $5.0b (-26.3%) $163.9m (-65.5%) $440.6m (-15.2%) 3.3% (-53.2%) $1.66 (-65.6%)
2025 $7.5b (50.3%) $1.0b (511.8%) $345.8m (-21.5%) 13.3% (306.9%) $10.12 (509.6%)

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