Financials Sysco Corporation

Equities

SYY

US8718291078

Food Retail & Distribution

Market Closed - Nyse 04:00:02 2024-04-18 pm EDT 5-day change 1st Jan Change
75.64 USD +0.27% Intraday chart for Sysco Corporation -1.21% +3.43%

Valuation

Fiscal Period: Juli 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 36,328 27,259 39,300 43,978 37,596 37,556 - -
Enterprise Value (EV) 1 43,940 35,647 47,376 53,758 47,261 48,551 48,015 47,376
P/E ratio 22.1 x 128 x 75.3 x 32.7 x 21.4 x 18.2 x 16.2 x 14.9 x
Yield 2.16% 3.24% 2.37% 2.2% - 2.68% 2.76% 2.78%
Capitalization / Revenue 0.6 x 0.52 x 0.77 x 0.64 x 0.49 x 0.47 x 0.45 x 0.43 x
EV / Revenue 0.73 x 0.67 x 0.92 x 0.78 x 0.62 x 0.61 x 0.58 x 0.55 x
EV / EBITDA 12.6 x 14.2 x 21.6 x 16.2 x 12.3 x 11.4 x 10.5 x 9.85 x
EV / FCF 25.6 x 39.7 x 33.1 x 46.4 x 22.8 x 29 x 18.9 x 18 x
FCF Yield 3.91% 2.52% 3.03% 2.15% 4.39% 3.45% 5.28% 5.54%
Price to Book 14.8 x 23.9 x 25.4 x 31.8 x 18.8 x 15.3 x 11.3 x 8.51 x
Nbr of stocks (in thousands) 513,975 507,618 511,582 509,476 506,682 497,830 - -
Reference price 2 70.68 53.70 76.82 86.32 74.20 75.44 75.44 75.44
Announcement Date 8/12/19 8/11/20 8/10/21 8/9/22 8/1/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: July 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 60,114 52,893 51,298 68,636 76,325 79,449 83,078 86,461
EBITDA 1 3,497 2,518 2,198 3,327 3,847 4,267 4,556 4,808
EBIT 1 2,733 1,712 1,460 2,633 3,210 3,459 3,731 3,948
Operating Margin 4.55% 3.24% 2.85% 3.84% 4.21% 4.35% 4.49% 4.57%
Earnings before Tax (EBT) 1 2,006 293.4 584.7 1,747 2,285 2,764 3,114 3,408
Net income 1 1,674 215.5 524.2 1,359 1,770 2,094 2,307 2,474
Net margin 2.79% 0.41% 1.02% 1.98% 2.32% 2.64% 2.78% 2.86%
EPS 2 3.200 0.4200 1.020 2.640 3.470 4.137 4.668 5.070
Free Cash Flow 1 1,719 898.3 1,433 1,158 2,074 1,675 2,536 2,626
FCF margin 2.86% 1.7% 2.79% 1.69% 2.72% 2.11% 3.05% 3.04%
FCF Conversion (EBITDA) 49.15% 35.68% 65.2% 34.82% 53.93% 39.25% 55.66% 54.62%
FCF Conversion (Net income) 102.66% 416.87% 273.4% 85.26% 117.18% 79.99% 109.92% 106.14%
Dividend per Share 2 1.530 1.740 1.820 1.900 - 2.024 2.079 2.098
Announcement Date 8/12/19 8/11/20 8/10/21 8/9/22 8/1/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: July 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3
Net sales 1 16,457 16,320 16,902 18,957 - 18,594 18,876 19,728 19,620 19,288 19,732 20,817 20,559 20,175 20,502
EBITDA 1 871.5 670.7 755.8 1,048 - 831.3 899.7 1,199 1,024 927.5 990.1 1,299 1,117 998.6 1,043
EBIT 1 685.1 495.7 575.4 876.8 - 682.1 735.5 1,023 854.3 744.9 794.9 1,098 927.4 800.4 848.7
Operating Margin 4.16% 3.04% 3.4% 4.63% - 3.67% 3.9% 5.18% 4.35% 3.86% 4.03% 5.27% 4.51% 3.97% 4.14%
Earnings before Tax (EBT) 1 506.7 212.7 385.5 641.9 - 178.5 554 957.9 662.6 545.1 628.4 928.5 761 646 700
Net income 1 378 167.4 303.3 510 - 141.2 429.6 733.7 503.4 415.2 468.6 693.2 575 487 528
Net margin 2.3% 1.03% 1.79% 2.69% - 0.76% 2.28% 3.72% 2.57% 2.15% 2.38% 3.33% 2.8% 2.41% 2.58%
EPS 2 0.7300 0.3300 0.5900 0.9900 - 0.2800 0.8400 1.440 0.9900 0.8200 0.9383 1.405 1.150 0.9700 1.060
Dividend per Share 2 0.4700 0.4700 0.4700 0.4900 0.4900 0.4900 0.4900 - - - 0.5050 0.5100 0.5100 0.5100 0.5150
Announcement Date 11/9/21 2/8/22 5/10/22 8/9/22 10/31/22 1/31/23 5/2/23 8/1/23 10/31/23 1/30/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: July 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 7,613 8,387 8,076 9,780 9,665 10,994 10,458 9,820
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.177 x 3.331 x 3.674 x 2.939 x 2.513 x 2.576 x 2.296 x 2.042 x
Free Cash Flow 1 1,719 898 1,433 1,158 2,074 1,675 2,536 2,626
ROE (net income / shareholders' equity) 66.8% 56.4% 54.6% 114% 121% 94.8% 86.4% 74.9%
ROA (Net income/ Total Assets) 9.29% 5.08% 3.36% 7.69% 9.1% 8.87% 9.19% 9.47%
Assets 1 18,018 4,242 15,590 17,681 19,443 23,599 25,094 26,133
Book Value Per Share 2 4.780 2.250 3.020 2.720 3.950 4.920 6.660 8.870
Cash Flow per Share 2 4.610 - 3.710 3.480 5.630 6.050 6.570 7.390
Capex 1 692 720 471 633 793 792 868 911
Capex / Sales 1.15% 1.36% 0.92% 0.92% 1.04% 1% 1.05% 1.05%
Announcement Date 8/12/19 8/11/20 8/10/21 8/9/22 8/1/23 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
75.44 USD
Average target price
87.46 USD
Spread / Average Target
+15.94%
Consensus
  1. Stock Market
  2. Equities
  3. SYY Stock
  4. Financials Sysco Corporation