Discounted Cash Flow

Eaton Corp. Plc.

ETN · Based on 10 years of SEC filings · Converted from BRL to USD

Cash flow predictability 86/100 (stable) — FCF YoY std dev 18%, net income 30% (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 $377.7m $501.5m $4.22
2017 $586.6m (55.3%) $523.9m (4.5%) $6.71 (59.0%)
2018 $421.5m (-28.1%) $522.3m (-0.3%) $4.93 (-26.5%)
2019 $434.5m (3.1%) $562.8m (7.8%) $5.28 (7.1%)
2020 $277.1m (-36.2%) $502.1m (-10.8%) $3.51 (-33.5%)
2021 $421.3m (52.1%) $400.7m (-20.2%) $5.38 (53.3%)
2022 $483.8m (14.8%) $489.5m (22.2%) $6.17 (14.7%)
2023 $632.4m (30.7%) $698.8m (42.8%) $8.06 (30.6%)
2024 $745.6m (17.9%) $836.5m (19.7%) $9.54 (18.4%)
2025 $803.1m (7.7%) $875.6m (4.7%) $10.48 (9.9%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

SEC filings report in BRL. 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