Discounted Cash Flow
Howmet Aerospace Inc.
—
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 | $14.4b | $-1.1b | $-297.1m | -7.6% | $-2.31 |
| 2017 | $15.1b (4.6%) | $-86.2m (92.1%) | $122.3m (141.2%) | -0.6% (92.5%) | $-0.28 (87.9%) |
| 2018 | $16.3b (8.1%) | $748.1m (967.6%) | $-642.0m (-624.8%) | 4.6% (902.3%) | $1.33 (575.0%) |
| 2019 | $16.5b (1.3%) | $547.6m (-26.8%) | $-209.7m (67.3%) | 3.3% (-27.7%) | $1.05 (-21.1%) |
| 2020 | $6.1b (-62.9%) | $304.1m (-44.5%) | $-300.6m (-43.3%) | 5.0% (49.9%) | — |
| 2021 | $5.8b (-5.5%) | $300.6m (-1.1%) | $291.3m (196.9%) | 5.2% (4.6%) | $0.60 |
| 2022 | $6.6b (13.9%) | $546.5m (81.8%) | $629.2m (116.0%) | 8.3% (59.6%) | $1.12 (86.7%) |
| 2023 | $7.7b (17.3%) | $891.4m (63.1%) | $794.7m (26.3%) | 11.5% (39.1%) | $1.85 (65.2%) |
| 2024 | $8.7b (11.9%) | $1.3b (51.0%) | $1.1b (43.3%) | 15.5% (34.9%) | $2.83 (53.0%) |
| 2025 | $9.6b (11.1%) | $1.8b (30.6%) | $1.7b (46.5%) | 18.3% (17.6%) | $3.73 (31.8%) |
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.