Discounted Cash Flow

Viavi Solutions Inc.

VIAV · Based on 10 years of SEC filings

DCF estimate unavailable — loss_in_2024

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 $906.3m $-99.2m $17.4m -10.9%
2017 $811.4m (-10.5%) $166.9m (268.2%) $41.4m (137.9%) 20.6% (287.9%) $0.73
2018 $880.4m (8.5%) $-46.0m (-127.6%) $23.5m (-43.2%) -5.2% (-125.4%) $-0.20 (-127.4%)
2019 $1.1b (28.4%) $5.4m (111.7%) $93.8m (299.1%) 0.5% (109.1%) $0.02 (110.0%)
2020 $1.1b (0.5%) $28.7m (431.5%) $103.7m (10.6%) 2.5% (428.7%) $0.13 (550.0%)
2021 $1.2b (5.5%) $46.1m (60.6%) $191.2m (84.4%) 3.8% (52.2%) $0.20 (53.8%)
2022 $1.3b (7.8%) $15.5m (-66.4%) $105.6m (-44.8%) 1.2% (-68.8%) $0.07 (-65.0%)
2023 $1.1b (-14.4%) $25.5m (64.5%) $63.0m (-40.3%) 2.3% (92.2%) $0.11 (57.1%)
2024 $1.0b (-9.6%) $-25.8m (-201.2%) $96.9m (53.8%) -2.6% (-211.9%) $-0.12 (-209.1%)
2025 $1.1b (8.4%) $34.8m (234.9%) $62.0m (-36.0%) 3.2% (224.4%) $0.16 (233.3%)

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

loss_in_2024

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.