Discounted Cash Flow
Waters Corp. /De/
—
—
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 | $2.2b | $521.5m | $-1.8b | 24.1% | $6.46 |
| 2017 | $2.3b (6.5%) | $20.3m (-96.1%) | $-2.3b (-28.1%) | 0.9% (-96.3%) | $0.25 (-96.1%) |
| 2018 | $2.4b (4.8%) | $593.8m (2823.5%) | $-401.6m (82.3%) | 24.5% (2689.6%) | $7.71 (2984.0%) |
| 2019 | $2.4b (-0.6%) | $592.2m (-0.3%) | $606.1m (250.9%) | 24.6% (0.3%) | $8.76 (13.6%) |
| 2020 | $2.4b (-1.7%) | $521.6m (-11.9%) | $764.6m (26.1%) | 22.1% (-10.4%) | $8.40 (-4.1%) |
| 2021 | $2.8b (17.8%) | $692.8m (32.8%) | $467.6m (-38.8%) | 24.9% (12.8%) | $11.25 (33.9%) |
| 2022 | $3.0b (6.7%) | $707.8m (2.2%) | $600.3m (28.4%) | 23.8% (-4.2%) | $11.80 (4.9%) |
| 2023 | $3.0b (-0.5%) | $642.2m (-9.3%) | $601.0m (0.1%) | 21.7% (-8.8%) | $10.87 (-7.9%) |
| 2024 | $3.0b (0.1%) | $637.8m (-0.7%) | $758.4m (26.2%) | 21.6% (-0.8%) | $10.75 (-1.1%) |
| 2025 | $3.2b (7.0%) | $642.6m (0.8%) | $652.6m (-14.0%) | 20.3% (-5.8%) | $10.80 (0.5%) |
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): —
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.