Company Valuation: Ross Stores, Inc.

Data adjusted to current consolidation scope
Fiscal Period: January 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 34,538 40,701 47,228 49,674 61,018 77,369 - -
Change - 17.84% 16.03% 5.18% 22.84% 26.8% - -
Enterprise Value (EV) 1 32,068 38,606 44,816 47,158 57,941 73,578 72,876 72,182
Change - 20.39% 16.09% 5.23% 22.87% 26.99% -0.95% -0.95%
P/E 20.1x 27x 25.2x 23.8x 28.5x 28.3x 27.2x 24.9x
PBR 8.47x 9.45x 9.72x 9.05x 9.89x 10.4x 8.52x 7.68x
PEG - -2.7x 0.9x 1.7x 6.21x 1x 6.51x 2.71x
Capitalization / Revenue 1.83x 2.18x 2.32x 2.35x 2.68x 3.02x 2.82x 2.65x
EV / Revenue 1.7x 2.06x 2.2x 2.23x 2.55x 2.87x 2.66x 2.47x
EV / EBITDA 11.9x 16.2x 16.4x 15.6x 18x 18.5x 17.4x 16x
EV / EBIT 13.7x 19.4x 19.4x 18.2x 21.4x 21.4x 20.3x 18.5x
EV / FCF 27.2x 37.3x 25.6x 28.8x 26.2x 29.4x 27.6x 29.7x
FCF Yield 3.68% 2.68% 3.91% 3.47% 3.81% 3.41% 3.62% 3.36%
Dividend per Share 2 1.14 1.24 1.34 1.47 1.62 1.785 1.928 2.158
Rate of return 1.17% 1.05% 0.96% 0.98% 0.86% 0.74% 0.8% 0.89%
EPS 2 4.87 4.38 5.56 6.32 6.61 8.517 8.873 9.689
Distribution rate 23.4% 28.3% 24.1% 23.3% 24.5% 21% 21.7% 22.3%
Net sales 1 18,916 18,696 20,377 21,129 22,751 25,651 27,398 29,212
EBITDA 1 2,694 2,385 2,727 3,032 3,217 3,984 4,186 4,525
EBIT 1 2,333 1,990 2,308 2,586 2,707 3,436 3,599 3,893
Net income 1 1,723 1,512 1,875 2,091 2,145 2,727 2,800 3,005
Net Debt 1 -2,470 -2,095 -2,412 -2,516 -3,077 -3,791 -4,493 -5,187
Reference price 2 97.75 118.19 140.28 150.56 188.65 241.19 241.19 241.19
Nbr of stocks (in thousands) 353,330 344,371 336,666 329,929 323,445 320,781 - -
Announcement Date 3/1/22 2/28/23 3/5/24 3/4/25 3/3/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.76x4.13x14.61x3.32% 212B
43.39x5.36x22.18x0.86% 140B
28.46x2.87x18.47x0.74% 77.37B
46.32x2.64x10.17x1.38% 35.37B
23.77x1.57x8.88x3.97% 31.1B
16.41x3.18x12.21x1.44% 25.94B
19.31x2.67x11.97x1.85% 24.33B
27.16x1.59x13.43x-.--% 19.61B
14.57x1.74x7.39x4.44% 10.44B
Average 27.35x 2.86x 13.26x 2% 63.97B
Weighted average by Cap. 31.08x 3.80x 15.99x 2.05%

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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  5. Valuation Ross Stores, Inc.