Discounted Cash Flow
Marriott Vacations Worldwide Corp.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $1.8b | $137.3m | $106.6m | 7.6% | $4.93 |
| 2017 | $2.0b (13.1%) | $235.0m (71.1%) | $116.0m (8.8%) | 11.5% (51.3%) | $8.70 (76.5%) |
| 2018 | $2.8b (36.0%) | $55.0m (-76.6%) | $57.0m (-50.9%) | 2.0% (-82.8%) | $1.64 (-81.1%) |
| 2019 | $4.1b (46.5%) | $138.0m (150.9%) | $336.0m (489.5%) | 3.4% (71.3%) | $3.13 (90.9%) |
| 2020 | $2.6b (-35.8%) | $-275.0m (-299.3%) | $258.0m (-23.2%) | -10.5% (-410.4%) | $-6.65 (-312.5%) |
| 2021 | $3.6b (38.3%) | $49.0m (117.8%) | $296.0m (14.7%) | 1.4% (112.9%) | $1.15 (117.3%) |
| 2022 | $4.4b (20.5%) | $391.0m (698.0%) | $457.0m (54.4%) | 9.0% (562.4%) | $9.69 (742.6%) |
| 2023 | $4.4b (1.0%) | $254.0m (-35.0%) | $114.0m (-75.1%) | 5.8% (-35.7%) | $6.96 (-28.2%) |
| 2024 | $4.6b (5.0%) | $218.0m (-14.2%) | $148.0m (29.8%) | 4.7% (-18.3%) | $6.16 (-11.5%) |
| 2025 | $4.7b (1.0%) | $-308.0m (-241.3%) | $-29.0m (-119.6%) | -6.6% (-239.9%) | $-8.84 (-243.5%) |
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): —
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.