Discounted Cash Flow

Sysco Corp.

SYY · 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
Dividends

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 $949.6m $1.9b $1.66
2017 $1.1b (20.3%) $2.2b (12.6%) $2.10 (26.5%)
2018 $1.4b (25.2%) $2.2b (-0.8%) $2.74 (30.5%)
2019 $1.7b (17.0%) $2.4b (11.7%) $3.24 (18.2%)
2020 $215.5m (-87.1%) $1.6b (-32.9%) $0.42 (-87.0%)
2021 $524.2m (143.3%) $1.9b (17.6%) $1.03 (145.2%)
2022 $1.4b (159.2%) $1.2b (-39.2%) $2.66 (158.3%)
2023 $1.8b (30.3%) $2.1b (79.2%) $3.49 (31.2%)
2024 $2.0b (10.4%) $2.2b (4.0%) $3.90 (11.7%)
2025 $1.8b (-6.5%) $1.6b (-25.6%) $3.74 (-4.1%)

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