Discounted Cash Flow
Hershey 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 | $5.4b | $521.2m | $516.8m | 9.7% | — |
| 2017 | $5.4b (1.0%) | $566.7m (8.7%) | $717.9m (38.9%) | 10.4% (7.7%) | — |
| 2018 | $5.6b (3.7%) | $852.3m (50.4%) | $920.2m (28.2%) | 15.1% (45.1%) | — |
| 2019 | $5.8b (2.5%) | $832.1m (-2.4%) | $1.0b (13.7%) | 14.4% (-4.8%) | — |
| 2020 | $5.9b (2.0%) | $925.5m (11.2%) | $910.5m (-13.0%) | 15.7% (9.0%) | — |
| 2021 | $6.5b (10.1%) | $1.1b (15.5%) | $1.1b (26.2%) | 16.5% (5.0%) | — |
| 2022 | $7.5b (16.1%) | $1.2b (11.3%) | $1.3b (13.9%) | 15.8% (-4.1%) | — |
| 2023 | $8.1b (7.2%) | $1.3b (13.2%) | $1.1b (-14.2%) | 16.7% (5.6%) | — |
| 2024 | $8.1b (0.3%) | $1.6b (19.3%) | $1.4b (24.1%) | 19.8% (18.9%) | — |
| 2025 | $8.5b (4.4%) | $639.3m (-60.2%) | $1.3b (-5.3%) | 7.6% (-61.9%) | — |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
SEC filings report in 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): —
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.