Discounted Cash Flow

Worthington Enterprises, Inc.

WOR · 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 $2.8b $143.7m $316.3m 5.1% $2.30
2017 $3.0b (6.9%) $204.5m (42.3%) $267.3m (-15.5%) 6.8% (33.1%) $3.28 (42.6%)
2018 $3.6b (18.8%) $194.8m (-4.8%) $205.3m (-23.2%) 5.4% (-19.8%) $3.20 (-2.4%)
2019 $3.8b (5.0%) $153.5m (-21.2%) $113.4m (-44.8%) 4.1% (-25.0%) $2.68 (-16.2%)
2020 $3.1b (-18.6%) $78.8m (-48.7%) $241.2m (112.8%) 2.6% (-36.9%) $1.43 (-46.6%)
2021 $3.2b (3.7%) $723.8m (818.6%) $192.2m (-20.3%) 22.8% (786.0%) $13.73 (860.1%)
2022 $5.2b (65.3%) $379.4m (-47.6%) $-24.5m (-112.7%) 7.2% (-68.3%) $7.60 (-44.6%)
2023 $4.9b (-6.2%) $256.5m (-32.4%) $539.0m (2301.1%) 5.2% (-27.9%) $5.28 (-30.5%)
2024 $1.2b (-74.7%) $110.6m (-56.9%) $206.4m (-61.7%) 8.9% (70.2%) $2.25 (-57.4%)
2025 $1.2b (-7.4%) $96.1m (-13.2%) $159.2m (-22.9%) 8.3% (-6.3%) $1.94 (-13.8%)

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