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 17,681 - -
Change - 15.25% 3.28% 28.75% 22.68% -24.63% - -
Enterprise Value (EV) 1 16,825 18,782 18,756 22,848 26,998 22,973 22,349 21,910
Change - 11.63% -0.14% 21.82% 18.16% -14.91% -2.72% -1.96%
P/E 16.9x 21.2x 75x 15.5x 16.5x 12.8x 11.8x 10.6x
PBR 2.9x 3.35x 3.54x 4.26x 4.85x 3.11x 2.75x 2.48x
PEG - -3.6x -1.1x 0x 0.8x -8.41x 1.38x 0.9x
Capitalization / Revenue 0.91x 1x 0.96x 1.15x 1.37x 0.97x 0.92x 0.88x
EV / Revenue 1.22x 1.3x 1.21x 1.37x 1.57x 1.25x 1.17x 1.09x
EV / EBITDA 11.1x 12.6x 11.2x 10.6x 11.2x 9.32x 8.94x 8.4x
EV / EBIT 14.6x 17.3x 30.2x 12.5x 12.8x 10.8x 10.1x 9.38x
EV / FCF 18.2x 21.9x 19.6x 18.4x 16.6x 14.6x 13.5x 12.5x
FCF Yield 5.51% 4.56% 5.11% 5.44% 6.02% 6.87% 7.38% 7.97%
Dividend per Share 2 1.4 1.44 1.46 1.54 1.63 1.747 1.849 1.971
Rate of return 1.57% 1.37% 1.35% 1.07% 0.89% 1.24% 1.31% 1.4%
EPS 2 5.27 4.96 1.44 9.22 11.14 10.97 11.91 13.31
Distribution rate 26.6% 29% 101% 16.7% 14.6% 15.9% 15.5% 14.8%
Net sales 1 13,737 14,396 15,438 16,662 17,174 18,319 19,178 20,058
EBITDA 1 1,510 1,493 1,669 2,153 2,420 2,465 2,501 2,607
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 1,463 1,560
Net Debt 1 4,349 4,404 3,905 3,727 3,540 5,292 4,668 4,230
Reference price 2 88.90 105.19 108.00 143.30 183.47 140.89 140.89 140.89
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.($)
23.66x3.81x13.3x2.83% 225B
-117.13x18.65x107.67x-.--% 116B
13.33x1.47x7.73x3.61% 110B
15.84x2.9x10.95x5.19% 92.77B
20.42x5.36x13.16x2.79% 61.54B
15.59x2.28x9.68x5.01% 50.56B
21.73x1.58x10.05x0.87% 40.71B
20.98x1.72x10.51x1.4% 40.51B
18.6x2.44x11.46x4.68% 38.74B
Average 3.67x 4.47x 21.61x 2.93% 86.14B
Weighted average by Cap. -1.05x 5.31x 25.67x 2.86%

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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