Discounted Cash Flow

Autoliv Inc.

ALV · Based on 10 years of SEC filings · Converted from EUR to USD

⚠ Cash flow predictability 56/100 (moderate) — FCF YoY std dev 69%, net income 55% (full history)

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

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 $11.7b $658.7m $420.0m 5.6% $6.43
2017 $12.1b (3.1%) $496.1m (-24.7%) $413.3m (-1.6%) 4.1% (-26.9%) $4.88 (-24.1%)
2018 $10.1b (-16.4%) $221.2m (-55.4%) $35.5m (-91.4%) 2.2% (-46.7%) $2.19 (-55.1%)
2019 $9.9b (-1.5%) $536.1m (142.4%) $182.7m (414.1%) 5.4% (146.1%) $5.29 (141.6%)
2020 $8.7b (-12.9%) $217.1m (-59.5%) $587.1m (221.3%) 2.5% (-53.5%) $2.14 (-59.5%)
2021 $9.6b (10.5%) $505.3m (132.7%) $343.8m (-41.4%) 5.3% (110.6%) $4.97 (132.2%)
2022 $10.3b (7.4%) $491.4m (-2.8%) $148.7m (-56.8%) 4.8% (-9.5%) $4.86 (-2.2%)
2023 $12.2b (18.5%) $566.9m (15.4%) $475.1m (219.5%) 4.7% (-2.6%) $5.74 (18.1%)
2024 $12.1b (-0.8%) $750.4m (32.4%) $557.6m (17.4%) 6.2% (33.5%) $8.06 (40.4%)
2025 $12.6b (4.1%) $853.8m (13.8%) $831.7m (49.2%) 6.8% (9.3%) $9.59 (19.0%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

SEC filings report in EUR. Values above are converted to USD for comparison with the US-listed share price.

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