Discounted Cash Flow

Brookfield Business Corp. Foreign

BBUC · Based on 10 years of SEC filings · Converted from CAD to USD

⚠ Cash flow predictability 56/100 (moderate) — FCF YoY std dev 58%, net income 80% (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 $5.8b $-25.3m $165.7m -0.4% $3.00
2017 $16.5b (186.7%) $0 (100.0%) $209.9m (26.6%) 0.0% (100.0%) $-58.00 (-2033.3%)
2018 $26.9b (62.9%) $0 $970.6m (362.4%) 0.0% $74.00 (227.6%)
2019 $31.1b (15.8%) $314.1m $1.6b (61.3%) 1.0% $43.00 (-41.9%)
2020 $27.2b (-12.5%) $419.8m (33.6%) $3.0b (91.8%) 1.5% (52.8%) $-91.00 (-311.6%)
2021 $33.7b (23.8%) $1.6b (271.2%) $1.2b (-61.2%) 4.6% (199.9%) $3.28 (103.6%)
2022 $41.6b (23.5%) $256.9m (-83.5%) $675.3m (-42.0%) 0.6% (-86.7%) $0.73 (-77.7%)
2023 $39.9b (-4.3%) $2.7b (963.9%) $1.5b (127.8%) 6.9% (1011.8%) $6.49 (789.0%)
2024 $29.4b (-26.2%) $647.8m (-76.3%) $2.4b (54.4%) 2.2% (-67.9%) $-0.50 (-107.7%)
2025 $19.9b (-32.4%) $280.1m (-56.8%) $2.2b (-8.4%) 1.4% (-36.0%) $-0.30 (40.0%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

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

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):

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