Discounted Cash Flow

Wyndham Hotels & Resorts, Inc.

WH · 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)
2017 $1.3b $230.0m $278.0m 18.0% $2.31
2018 $1.9b (45.9%) $162.0m (-29.6%) $231.0m (-16.9%) 8.7% (-51.7%) $1.62 (-29.9%)
2019 $2.1b (9.9%) $157.0m (-3.1%) $100.0m (-56.7%) 7.6% (-11.8%) $1.63 (0.6%)
2020 $1.3b (-36.7%) $-132.0m (-184.1%) $67.0m (-33.0%) -10.2% (-232.8%) $-1.42 (-187.1%)
2021 $1.6b (20.4%) $244.0m (284.8%) $426.0m (535.8%) 15.6% (253.5%) $2.61 (283.8%)
2022 $1.5b (-4.3%) $355.0m (45.5%) $399.0m (-6.3%) 23.7% (52.0%) $3.93 (50.6%)
2023 $1.4b (-6.7%) $289.0m (-18.6%) $376.0m (-5.8%) 20.7% (-12.7%) $3.43 (-12.7%)
2024 $1.4b (0.8%) $289.0m (0.0%) $290.0m (-22.9%) 20.5% (-0.8%) $3.64 (6.1%)
2025 $1.4b (1.5%) $193.0m (-33.2%) $367.0m (26.6%) 13.5% (-34.2%) $2.51 (-31.0%)

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