Company Valuation: Leidos Holdings, Inc.

Data adjusted to current consolidation scope
Fiscal Period: January 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 12,476 14,378 14,851 19,121 23,458 16,884 - -
Change - 15.25% 3.28% 28.75% 22.68% -28.02% - -
Enterprise Value (EV) 1 16,825 18,782 18,756 22,848 26,998 22,136 21,606 21,177
Change - 11.63% -0.14% 21.82% 18.16% -18.01% -2.4% -1.99%
P/E 16.9x 21.2x 75x 15.5x 16.5x 12.3x 11.4x 10.1x
PBR 2.9x 3.35x 3.54x 4.26x 4.85x 2.97x 2.62x 2.36x
PEG - -3.6x -1.1x 0x 0.8x -7.63x 1.45x 0.8x
Capitalization / Revenue 0.91x 1x 0.96x 1.15x 1.37x 0.92x 0.88x 0.84x
EV / Revenue 1.22x 1.3x 1.21x 1.37x 1.57x 1.21x 1.13x 1.05x
EV / EBITDA 11.1x 12.6x 11.2x 10.6x 11.2x 8.98x 8.68x 8.15x
EV / EBIT 14.6x 17.3x 30.2x 12.5x 12.8x 10.4x 9.81x 9.07x
EV / FCF 18.2x 21.9x 19.6x 18.4x 16.6x 13.9x 13.3x 12.2x
FCF Yield 5.51% 4.56% 5.11% 5.44% 6.02% 7.17% 7.55% 8.22%
Dividend per Share 2 1.4 1.44 1.46 1.54 1.63 1.747 1.852 1.975
Rate of return 1.57% 1.37% 1.35% 1.07% 0.89% 1.3% 1.38% 1.47%
EPS 2 5.27 4.96 1.44 9.22 11.14 10.96 11.82 13.27
Distribution rate 26.6% 29% 101% 16.7% 14.6% 15.9% 15.7% 14.9%
Net sales 1 13,737 14,396 15,438 16,662 17,174 18,322 19,184 20,088
EBITDA 1 1,510 1,493 1,669 2,153 2,420 2,465 2,489 2,598
EBIT 1 1,152 1,088 621 1,827 2,109 2,133 2,202 2,336
Net income 1 753 685 199 1,254 1,448 1,384 1,448 1,549
Net Debt 1 4,349 4,404 3,905 3,727 3,540 5,252 4,722 4,293
Reference price 2 88.90 105.19 108.00 143.30 183.47 134.54 134.54 134.54
Nbr of stocks (in thousands) 140,339 136,690 137,506 133,433 127,855 125,492 - -
Announcement Date 2/15/22 2/14/23 2/13/24 2/11/25 2/17/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.63x1.23x9.18x1.26% 17.37B
22.68x3.71x12.95x2.93% 218B
13.83x1.53x8.02x3.46% 114B
-113.28x18x103.7x-.--% 112B
14.79x2.7x10.2x5.56% 86.31B
20.76x5.43x13.34x2.74% 63.2B
14.81x2.15x9.14x5.26% 47.79B
20.89x1.7x10.49x1.4% 40.35B
20.62x1.57x9.98x0.91% 39.24B
18.01x2.34x10.86x4.8% 37.36B
Average 4.57x 4.04x 19.79x 2.83% 77.53B
Weighted average by Cap. -0.41x 5.05x 24.35x 2.88%

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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