Introduction
In my last article on Johnson Outdoors (JOUT), I went over the company and the brands they own, as well as a brief multiples comparison. I suggest checking that article out here before continuing with this one, although it's not necessary. In this article, I go over my DCF analysis and come up with a fair value per share of Johnson Outdoors.
Source: Johnson Outdoors 2018 Annual Report
Historical Performance
While past performance does not translate directly to future performance, I believe it can provide a solid starting point for a forward-looking