Company Valuation: Reliance, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,164 11,881 16,074 14,572 15,104 21,622 - -
Change - 16.9% 35.28% -9.34% 3.65% 43.15% - -
Enterprise Value (EV) 1 11,510 12,356 16,136 15,397 16,308 23,013 22,568 22,268
Change - 7.34% 30.59% -4.58% 5.92% 41.11% -1.94% -1.33%
P/E 7.38x 6.77x 12.4x 17.3x 20.7x 18.6x 18.8x 19.2x
PBR 1.65x - - - 2.08x 2.8x 2.52x -
PEG - 0.2x -0.5x -0.6x -2x 0.3x -21.73x -9.73x
Capitalization / Revenue 0.72x 0.7x 1.09x 1.05x 1.06x 1.23x 1.25x 1.25x
EV / Revenue 0.82x 0.73x 1.09x 1.11x 1.14x 1.31x 1.31x 1.29x
EV / EBITDA 5.25x 4.48x 8.14x 10.6x 12.4x 12.1x 12x 11.9x
EV / EBIT 5.87x 4.91x 9.28x 13x 15.8x 14.2x 14.2x 14.2x
EV / FCF 20.5x 6.95x 13.4x 15.4x 32.5x 23.7x 19.2x 23.7x
FCF Yield 4.89% 14.4% 7.45% 6.49% 3.08% 4.22% 5.22% 4.22%
Dividend per Share 2 2.75 3.5 4 4.4 4.8 4.967 5.197 5.417
Rate of return 1.7% 1.73% 1.43% 1.63% 1.66% 1.17% 1.23% 1.28%
EPS 2 21.97 29.92 22.64 15.56 13.98 22.74 22.54 22.1
Distribution rate 12.5% 11.7% 17.7% 28.3% 34.3% 21.8% 23.1% 24.5%
Net sales 1 14,093 17,025 14,806 13,835 14,294 17,537 17,284 17,308
EBITDA 1 2,192 2,756 1,983 1,456 1,310 1,907 1,879 1,864
EBIT 1 1,962 2,516 1,738 1,187 1,032 1,626 1,590 1,564
Net income 1 1,413 1,840 1,336 875.2 739.4 1,167 1,124 1,092
Net Debt 1 1,346 474.2 62 824.4 1,204 1,392 946.3 646.8
Reference price 2 162.22 202.44 279.68 269.26 288.87 423.50 423.50 423.50
Nbr of stocks (in thousands) 62,655 58,691 57,471 54,120 52,287 51,055 - -
Announcement Date 2/17/22 2/16/23 2/15/24 2/19/25 2/18/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.62x1.31x12.07x1.17% 21.62B
23.35x2.7x12.3x0.6% 4.6B
15.43x0.79x9.71x2.18% 3.18B
14.4x - - - 1.35B
15.95x2.4x8.44x3.15% 1.09B
35.85x1.38x11.87x1.22% 571M
Average 20.60x 1.72x 10.88x 1.67% 5.4B
Weighted average by Cap. 19.02x 1.50x 11.73x 1.26%

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