Discounted Cash Flow

RPM International Inc.

RPM · Based on 10 years of SEC filings · Converted from EUR to USD

⚠ Cash flow predictability 56/100 (moderate) — FCF YoY std dev 73%, net income 39% (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 $5.6b $412.0m 7.4% $2.70
2017 $5.8b (3.0%) $211.2m (-48.7%) $302.0m 3.7% (-50.2%) $1.37 (-49.3%)
2018 $6.2b (7.3%) $392.4m (85.8%) $320.3m (6.1%) 6.3% (73.1%) $2.55 (86.1%)
2019 $6.5b (4.6%) $309.6m (-21.1%) $181.4m (-43.4%) 4.8% (-24.5%) $2.03 (-20.4%)
2020 $6.4b (-1.0%) $353.6m (14.2%) $467.2m (157.5%) 5.5% (15.4%) $2.35 (15.8%)
2021 $7.1b (10.9%) $583.9m (65.1%) $707.4m (51.4%) 8.2% (48.9%) $3.89 (65.5%)
2022 $7.8b (9.8%) $570.9m (-2.2%) $-50.7m (-107.2%) 7.3% (-11.0%) $3.81 (-2.1%)
2023 $8.4b (8.2%) $556.0m (-2.6%) $374.8m (838.8%) 6.6% (-10.0%) $3.74 (-1.8%)
2024 $8.5b (1.1%) $683.5m (22.9%) $1.1b (181.5%) 8.0% (21.6%) $4.58 (22.5%)
2025 $8.6b (0.5%) $800.0m (17.0%) $625.2m (-40.7%) 9.3% (16.5%) $5.38 (17.5%)

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):

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