Discounted Cash Flow

Valmont Industries Inc.

VMI · 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 $2.5b $173.2m $161.2m 6.9%
2017 $2.7b (8.9%) $116.2m (-32.9%) $90.5m (-43.9%) 4.2% (-38.4%)
2018 $2.8b (0.4%) $94.4m (-18.8%) $81.0m (-10.4%) 3.4% (-19.2%)
2019 $2.8b (0.4%) $153.8m (63.0%) $210.2m (159.4%) 5.6% (62.4%)
2020 $2.9b (4.6%) $140.7m (-8.5%) $209.6m (-0.3%) 4.9% (-12.6%)
2021 $3.5b (20.9%) $195.6m (39.0%) $-41.9m (-120.0%) 5.6% (15.0%)
2022 $4.3b (24.1%) $250.9m (28.2%) $233.0m (656.7%) 5.8% (3.3%)
2023 $4.2b (-3.9%) $150.8m (-39.9%) $210.0m (-9.9%) 3.6% (-37.4%)
2024 $4.1b (-2.4%) $348.3m (130.9%) $493.2m (134.9%) 8.5% (136.5%)
2025 $4.1b (0.7%) $350.3m (0.6%) $311.4m (-36.9%) 8.5% (-0.1%)

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