Discounted Cash Flow
Flowserve Corp.
—
Sales growth has weakened: 2.1% (2022) → 19.5% (2023) → 5.5% (2024) → 3.8% (2025). Revenue growth has been decelerating or declining in recent years and is now 3.8% — a slowing company may not sustain the growth the DCF projects, so the valuation could be overstated.
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 | $4.6b | $153.9m | $175.1m | 3.3% | $1.02 |
| 2017 | $4.3b (-8.3%) | $3.1m (-98.0%) | $289.8m (65.5%) | 0.1% (-97.8%) | $0.02 (-98.0%) |
| 2018 | $4.5b (4.7%) | $139.0m (4412.5%) | $124.1m (-57.2%) | 3.1% (4210.2%) | $0.91 (4450.0%) |
| 2019 | $4.6b (2.9%) | $294.7m (112.0%) | $286.4m (130.8%) | 6.4% (105.9%) | $1.94 (113.2%) |
| 2020 | $4.3b (-5.5%) | $135.1m (-54.1%) | $294.0m (2.7%) | 3.1% (-51.5%) | $0.89 (-54.1%) |
| 2021 | $4.1b (-5.0%) | $146.3m (8.3%) | $201.9m (-31.3%) | 3.6% (14.0%) | $0.97 (9.0%) |
| 2022 | $4.2b (2.1%) | $219.2m (49.8%) | $-135.1m (-166.9%) | 5.2% (46.7%) | $1.44 (48.5%) |
| 2023 | $5.0b (19.5%) | $216.9m (-1.0%) | $300.2m (322.2%) | 4.3% (-17.2%) | $1.42 (-1.4%) |
| 2024 | $5.3b (5.5%) | $328.5m (51.4%) | $399.9m (33.2%) | 6.2% (43.5%) | $2.15 (51.4%) |
| 2025 | $5.5b (3.8%) | $402.2m (22.5%) | $505.2m (26.3%) | 7.3% (18.0%) | $2.66 (23.7%) |
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.
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.