Financials Tractor Supply Company Sao Paulo

Equities

T1SC34

BRT1SCBDR000

Other Specialty Retailers

Market Closed - Sao Paulo 09:57:27 2024-05-28 am EDT 5-day change 1st Jan Change
80.2 BRL +13.89% Intraday chart for Tractor Supply Company +6.93% +37.09%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 10,998 16,631 26,942 24,851 23,248 30,403 - -
Enterprise Value (EV) 1 11,345 16,311 27,087 25,850 24,614 31,967 32,041 32,035
P/E ratio 19.9 x 22.4 x 27.5 x 23.2 x 21.3 x 27.1 x 24.7 x 22.2 x
Yield 1.46% 1.05% 0.88% 1.64% 1.92% 1.56% 1.66% 1.87%
Capitalization / Revenue 1.32 x 1.57 x 2.12 x 1.75 x 1.6 x 2.03 x 1.91 x 1.8 x
EV / Revenue 1.36 x 1.54 x 2.13 x 1.82 x 1.69 x 2.13 x 2.02 x 1.89 x
EV / EBITDA 12 x 12.7 x 17.2 x 14.5 x 13.1 x 16.5 x 15.3 x 14.1 x
EV / FCF 19.1 x 14.8 x 53.1 x 44.3 x 42.4 x 35.1 x 32.1 x 26.9 x
FCF Yield 5.24% 6.75% 1.88% 2.26% 2.36% 2.85% 3.11% 3.72%
Price to Book 7.1 x 8.63 x 13.8 x 12.4 x 11 x 12.5 x 11.7 x 10.4 x
Nbr of stocks (in thousands) 118,386 116,497 113,815 110,463 108,114 107,810 - -
Reference price 2 92.90 142.8 236.7 225.0 215.0 281.9 281.9 281.9
Announcement Date 1/30/20 1/28/21 1/27/22 1/26/23 2/1/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 8,352 10,620 12,731 14,205 14,556 14,978 15,880 16,936
EBITDA 1 942.1 1,288 1,577 1,778 1,872 1,943 2,100 2,278
EBIT 1 743.2 1,071 1,307 1,435 1,479 1,496 1,619 1,764
Operating Margin 8.9% 10.08% 10.26% 10.1% 10.16% 9.99% 10.19% 10.42%
Earnings before Tax (EBT) 1 723.4 968.1 1,280 1,404 1,432 1,448 1,569 1,714
Net income 1 562.4 749 997.1 1,089 1,107 1,119 1,209 1,321
Net margin 6.73% 7.05% 7.83% 7.66% 7.61% 7.47% 7.61% 7.8%
EPS 2 4.660 6.380 8.610 9.710 10.09 10.38 11.41 12.70
Free Cash Flow 1 594.3 1,101 510.3 583.6 580.2 910.5 997 1,191
FCF margin 7.12% 10.36% 4.01% 4.11% 3.99% 6.08% 6.28% 7.03%
FCF Conversion (EBITDA) 63.08% 85.44% 32.36% 32.82% 30.99% 46.87% 47.47% 52.28%
FCF Conversion (Net income) 105.67% 146.94% 51.18% 53.61% 52.4% 81.36% 82.47% 90.15%
Dividend per Share 2 1.360 1.500 2.080 3.680 4.120 4.409 4.672 5.276
Announcement Date 1/30/20 1/28/21 1/27/22 1/26/23 2/1/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 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
Net sales 1 3,319 3,024 3,903 3,271 4,006 3,299 4,185 3,412 3,660 3,395 4,285 3,504 3,792 3,594 4,565
EBITDA 1 368.5 321.9 608.4 393.6 454 341.7 661.6 431.2 437.5 367.4 675.6 433.4 460.4 395.7 729.7
EBIT 1 293.1 244.3 525 306.4 359.2 244.4 559.3 340.9 334.2 263.1 562.5 324.5 344.5 285.4 612.6
Operating Margin 8.83% 8.08% 13.45% 9.37% 8.97% 7.41% 13.37% 9.99% 9.13% 7.75% 13.13% 9.26% 9.08% 7.94% 13.42%
Earnings before Tax (EBT) 1 286.5 237.2 517.9 300.2 349 231.8 547 331.4 322.3 251.2 549.7 312.6 332.1 271.3 598.3
Net income 1 221.3 187.2 396.5 234.1 270.9 183.1 421.2 255 247.9 198.2 423.9 240.2 255.4 209.3 462.4
Net margin 6.67% 6.19% 10.16% 7.16% 6.76% 5.55% 10.07% 7.47% 6.77% 5.84% 9.89% 6.86% 6.74% 5.82% 10.13%
EPS 2 1.930 1.650 3.530 2.100 2.430 1.650 3.830 2.330 2.280 1.830 3.928 2.238 2.385 1.973 4.383
Dividend per Share 2 0.5200 0.9200 0.9200 0.9200 0.9200 1.030 1.030 1.030 1.030 1.100 1.100 1.100 1.111 1.201 1.155
Announcement Date 1/27/22 4/21/22 7/21/22 10/20/22 1/26/23 4/27/23 7/27/23 10/26/23 2/1/24 4/25/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 347 - 145 999 1,367 1,564 1,638 1,633
Net Cash position 1 - 320 - - - - - -
Leverage (Debt/EBITDA) 0.368 x - 0.092 x 0.5621 x 0.73 x 0.8052 x 0.7801 x 0.7167 x
Free Cash Flow 1 594 1,101 510 584 580 911 997 1,191
ROE (net income / shareholders' equity) 35.9% 46.2% 50.8% 53.8% 52.8% 49.7% 50% 49.4%
ROA (Net income/ Total Assets) 13.4% 13.1% 13.5% 13.4% 12.5% 11.8% 12.2% 11.9%
Assets 1 4,187 5,731 7,409 8,129 8,823 9,491 9,921 11,102
Book Value Per Share 2 13.10 16.50 17.20 18.20 19.60 22.60 24.00 27.10
Cash Flow per Share 2 6.720 11.90 9.830 12.10 12.20 14.80 16.10 18.80
Capex 1 217 294 628 773 754 732 710 710
Capex / Sales 2.6% 2.77% 4.94% 5.44% 5.18% 4.89% 4.47% 4.19%
Announcement Date 1/30/20 1/28/21 1/27/22 1/26/23 2/1/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
30
Last Close Price
281.9 USD
Average target price
270.1 USD
Spread / Average Target
-4.16%
Consensus
  1. Stock Market
  2. Equities
  3. TSCO Stock
  4. T1SC34 Stock
  5. Financials Tractor Supply Company