Company Valuation: Cencora, Inc.

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 24,820 28,048 36,148 44,117 60,593 62,030 - -
Change - 13.01% 28.88% 22.05% 37.34% 2.37% - -
Enterprise Value (EV) 1 28,957 30,363 38,343 45,373 63,897 69,721 71,467 72,921
Change - 4.86% 26.28% 18.33% 40.83% 9.11% 2.5% 2.03%
P/E 16.2x 16.8x 21.1x 29.9x 39.3x 17.8x 19x 17.5x
PBR 111x 401x 54.2x 67.9x 34.7x 17.2x 16.1x 19.2x
PEG - 1.91x 3.46x -2.6x 6.88x 0x -3.15x 2.05x
Capitalization / Revenue 0.12x 0.12x 0.14x 0.15x 0.19x 0.18x 0.18x 0.17x
EV / Revenue 0.14x 0.13x 0.15x 0.15x 0.2x 0.21x 0.2x 0.2x
EV / EBITDA 9.73x 8.55x 10.4x 11.1x 13.5x 13x 12.6x 11.6x
EV / EBIT 10.9x 9.6x 11.7x 12.4x 15.1x 14.5x 14x 13.1x
EV / FCF 13x 13.8x 11.1x 15.1x 19.9x 23.7x 19.3x 18.3x
FCF Yield 7.7% 7.27% 9.01% 6.61% 5.02% 4.21% 5.18% 5.47%
Dividend per Share 2 1.78 1.84 1.94 2.04 2.2 2.377 2.434 2.533
Rate of return 1.49% 1.36% 1.08% 0.91% 0.7% 0.73% 0.75% 0.78%
EPS 2 7.39 8.04 8.53 7.53 7.96 18.23 17.13 18.59
Distribution rate 24.1% 22.9% 22.7% 27.1% 27.6% 13% 14.2% 13.6%
Net sales 1 213,989 238,587 262,173 293,959 321,333 337,031 351,854 368,313
EBITDA 1 2,977 3,553 3,702 4,080 4,721 5,370 5,693 6,274
EBIT 1 2,648 3,163 3,289 3,648 4,223 4,802 5,116 5,582
Net income 1 1,540 1,699 1,745 1,509 1,554 3,580 3,276 3,357
Net Debt 1 4,137 2,315 2,195 1,255 3,305 7,690 9,437 10,891
Reference price 2 119.45 135.33 179.97 225.08 312.53 325.06 325.06 325.06
Nbr of stocks (in thousands) 207,787 207,258 200,854 196,008 193,878 190,827 - -
Announcement Date 11/4/21 11/3/22 11/2/23 11/6/24 11/5/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.8x0.21x12.98x0.73% 62.03B
29.81x3.99x15.41x2.52% 176B
19.66x3.56x12.74x3.06% 118B
22x4.32x15.07x1.27% 108B
25.99x2.56x10.26x2.76% 75.34B
30.51x7.58x19.51x1.31% 52.8B
36.4x3.49x11.96x2.08% 51.45B
35.48x8.82x24.71x-.--% 41.28B
48.26x1.32x12.25x0.2% 31.37B
34.52x6.05x19x-.--% 32.42B
Average 30.04x 4.19x 15.39x 1.39% 74.89B
Weighted average by Cap. 27.50x 3.97x 14.81x 1.84%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Cencora, Inc.

Historical PBR trend

Valuation ratios - PBR - Cencora, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Cencora, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Cencora, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Cencora, Inc.
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