Company Valuation: Target Corporation

Data adjusted to current consolidation scope
Fiscal Period: January 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 105,613 79,238 64,208 63,192 47,757 70,870 - -
Change - -24.97% -18.97% -1.58% -24.42% 48.4% - -
Enterprise Value (EV) 1 113,422 93,148 76,441 74,370 58,725 81,825 81,358 80,720
Change - -17.88% -17.94% -2.71% -21.04% 39.33% -0.57% -0.78%
P/E 15.6x 28.8x 15.6x 15.6x 13x 15x 16.4x 15.4x
PBR 8.1x 7.06x 4.78x 4.28x 2.95x 3.83x 3.44x 3.07x
PEG - -0.5x 0.3x -17.43x -1.58x 0.5x -2x 2.28x
Capitalization / Revenue 1x 0.73x 0.6x 0.59x 0.46x 0.64x 0.62x 0.6x
EV / Revenue 1.07x 0.85x 0.71x 0.7x 0.56x 0.74x 0.71x 0.69x
EV / EBITDA 9.48x 14.1x 8.89x 8.59x 7.43x 8.54x 8.75x 8.24x
EV / EBIT 12.2x 23.9x 13.4x 13.4x 12.3x 12.6x 13.6x 12.7x
EV / FCF 22.3x -61.7x 20x 16.6x 20.7x 26.2x 28.5x 24.4x
FCF Yield 4.48% -1.62% 4.99% 6.02% 4.83% 3.82% 3.51% 4.09%
Dividend per Share 2 3.38 4.14 4.38 4.46 4.54 4.568 4.608 4.851
Rate of return 1.53% 2.41% 3.15% 3.23% 4.3% 2.93% 2.95% 3.11%
EPS 2 14.1 5.98 8.94 8.86 8.13 10.37 9.516 10.16
Distribution rate 24% 69.2% 49% 50.3% 55.8% 44.1% 48.4% 47.8%
Net sales 1 106,005 109,120 107,412 106,566 104,780 110,193 113,829 117,382
EBITDA 1 11,970 6,596 8,600 8,653 7,909 9,579 9,294 9,802
EBIT 1 9,328 3,896 5,707 5,566 4,775 6,480 5,982 6,359
Net income 1 6,946 2,780 4,138 4,091 3,705 4,713 4,311 4,495
Net Debt 1 7,809 13,910 12,233 11,178 10,968 10,955 10,488 9,850
Reference price 2 220.43 172.14 139.08 137.91 105.47 156.00 156.00 156.00
Nbr of stocks (in thousands) 479,124 460,310 461,662 458,212 452,806 454,297 - -
Announcement Date 01/03/22 28/02/23 05/03/24 04/03/25 03/03/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.05x0.74x8.54x2.93% 70.87B
44.78x1.31x27.7x0.57% 408B
24.9x2.21x15.74x1.42% 146B
15.27x0.81x8.04x3.25% 43.72B
35.51x6.59x20.63x0.26% 34.63B
15.04x0.66x8.19x2.01% 26.24B
14.06x1.33x9.88x-.--% 21.04B
17.67x0.81x9.08x1.46% 12.99B
20.17x0.62x11.86x-.--% 11.99B
14.62x0.55x8.38x2.26% 9.99B
Average 21.71x 1.56x 12.80x 1.42% 78.55B
Weighted average by Cap. 33.33x 1.58x 20.42x 1.14%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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