Company Valuation: Tractor Supply Company

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 16,693 26,311 24,291 23,342 29,146 29,999 - -
Change - 57.62% -7.68% -3.91% 24.86% 2.93% - -
Enterprise Value (EV) 1 16,373 26,456 25,290 24,708 30,757 31,914 32,007 32,032
Change - 61.58% -4.41% -2.3% 24.48% 3.76% 0.29% 0.08%
P/E ratio 22.5x 26.8x 22.6x 21.4x 26.7x 27.1x 24.5x 21.7x
PBR 8.66x 13.4x 12.1x 11x 13x 12.2x 11.4x 10.4x
PEG - 0.8x 1.8x 5.47x 24.49x 11.51x 2.3x 1.7x
Capitalization / Revenue 1.57x 2.07x 1.71x 1.6x 1.96x 1.92x 1.81x 1.68x
EV / Revenue 1.54x 2.08x 1.78x 1.7x 2.07x 2.05x 1.93x 1.8x
EV / EBITDA 12.7x 16.8x 14.2x 13.2x 16.1x 16x 14.8x 13.6x
EV / EBIT 15.3x 20.2x 17.6x 16.7x 21x 21.3x 19.7x 17.9x
EV / FCF 14.9x 51.8x 43.3x 42.6x 48.3x 39.7x 32.9x 27.2x
FCF Yield 6.72% 1.93% 2.31% 2.35% 2.07% 2.52% 3.04% 3.68%
Dividend per Share 2 0.3 0.416 0.736 0.824 0.88 0.928 0.9914 1.085
Rate of return 1.05% 0.9% 1.67% 1.91% 1.61% 1.64% 1.75% 1.92%
EPS 2 1.276 1.722 1.942 2.018 2.04 2.088 2.313 2.607
Distribution rate 23.5% 24.2% 37.9% 40.8% 43.1% 44.4% 42.9% 41.6%
Net sales 1 10,620 12,731 14,205 14,556 14,883 15,584 16,585 17,826
EBITDA 1 1,288 1,577 1,778 1,872 1,915 1,994 2,155 2,353
EBIT 1 1,071 1,307 1,435 1,479 1,468 1,497 1,623 1,785
Net income 1 749 997.1 1,089 1,107 1,101 1,109 1,209 1,333
Net Debt 1 -319.8 145.1 999.4 1,367 1,612 1,915 2,008 2,033
Reference price 2 28.66 46.23 43.98 43.18 54.56 56.58 56.58 56.58
Nbr of stocks (in thousands) 582,487 569,075 552,316 540,571 534,195 530,203 - -
Announcement Date 28/01/21 27/01/22 26/01/23 01/02/24 30/01/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.1x2.05x16x1.64% 30B
36.84x1.19x5.72x2.29% 7.91B
12.36x3x8.23x5.75% 4.85B
14.88x1.43x13.16x6.17% 4.1B
6.83x0.61x5.4x6.39% 1.41B
32.5x16.27x24.21x - 1.33B
5.34x0.48x4.15x-.--% 976M
13.79x0.99x6.62x1.87% 815M
Average 18.70x 3.25x 10.44x 3.44% 6.42B
Weighted average by Cap. 25.19x 2.24x 13.01x 2.62%
See all sector valuations

Year-on-year evolution of the PER

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Equities
  3. TSCO Stock
  4. Valuation Tractor Supply Company