Discounted Cash Flow
Bristol Myers Squibb Co.
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
| Dividends | — | — | — |
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 | $22.6b | $5.2b | $1.9b | 22.9% | $2.67 |
| 2017 | $24.1b (6.9%) | $1.2b (-77.4%) | $4.9b (158.1%) | 4.8% (-78.9%) | $0.61 (-77.2%) |
| 2018 | $26.2b (8.6%) | $5.7b (388.6%) | $5.8b (18.2%) | 21.8% (349.9%) | $3.01 (393.4%) |
| 2019 | $30.4b (15.9%) | $4.0b (-30.1%) | $8.4b (44.9%) | 13.2% (-39.7%) | $2.02 (-32.9%) |
| 2020 | $49.4b (62.6%) | $-10.5b (-362.1%) | $15.4b (83.9%) | -21.2% (-261.2%) | $-3.99 (-297.5%) |
| 2021 | $53.9b (9.1%) | $8.1b (177.6%) | $17.7b (14.5%) | 15.1% (171.1%) | $3.15 (178.9%) |
| 2022 | $53.6b (-0.5%) | $7.3b (-9.5%) | $13.9b (-21.6%) | 13.7% (-9.1%) | $2.97 (-5.7%) |
| 2023 | $52.3b (-2.5%) | $9.3b (26.8%) | $14.7b (5.9%) | 17.8% (30.1%) | $3.88 (30.6%) |
| 2024 | $56.1b (7.3%) | $-10.4b (-211.5%) | $16.2b (10.2%) | -18.5% (-203.9%) | $-4.41 (-213.7%) |
| 2025 | $56.0b (-0.2%) | $8.2b (178.8%) | $14.9b (-7.9%) | 14.6% (179.0%) | $3.47 (178.7%) |
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.
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): —
Net debt deduction: —
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.