Discounted Cash Flow

Unifirst Corp.

UNF · 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 $1.5b $125.0m $109.4m 8.5% $6.17
2017 $1.6b (8.4%) $70.2m (-43.9%) $109.7m (0.3%) 4.4% (-48.2%) $3.44 (-44.2%)
2018 $1.7b (6.6%) $163.9m (133.5%) $117.3m (6.9%) 9.7% (119.0%) $8.21 (138.7%)
2019 $1.8b (6.7%) $179.1m (9.3%) $162.3m (38.4%) 9.9% (2.5%) $9.33 (13.6%)
2020 $1.8b (-0.3%) $135.8m (-24.2%) $170.0m (4.7%) 7.5% (-24.0%) $7.13 (-23.6%)
2021 $1.8b (1.2%) $151.1m (11.3%) $78.7m (-53.7%) 8.3% (10.0%) $7.94 (11.4%)
2022 $2.0b (9.6%) $103.4m (-31.6%) $-21.7m (-127.5%) 5.2% (-37.5%) $5.46 (-31.2%)
2023 $2.2b (11.6%) $103.7m (0.3%) $43.8m (302.0%) 4.6% (-10.2%) $5.53 (1.3%)
2024 $2.4b (8.7%) $145.5m (40.3%) $134.9m (208.1%) 6.0% (29.1%) $7.77 (40.5%)
2025 $2.4b (0.2%) $148.3m (1.9%) $142.5m (5.7%) 6.1% (1.7%) $7.98 (2.7%)

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