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 77,029 - -
Change - 17.84% 16.03% 5.18% 22.84% 26.24% - -
Enterprise Value (EV) 1 32,068 38,606 44,816 47,158 57,941 73,691 73,494 73,371
Change - 20.39% 16.09% 5.23% 22.87% 27.18% -0.27% -0.17%
P/E Ratio 20.1x 27x 25.2x 23.8x 28.5x 30.8x 28x 25.6x
PBR 8.47x 9.45x 9.72x 9.05x 9.89x 11.1x 9.5x 11.2x
PEG - -2.7x 0.9x 1.7x 6.21x 1.7x 2.8x 2.72x
Capitalization / Revenue 1.83x 2.18x 2.32x 2.35x 2.68x 3.06x 2.88x 2.7x
EV / Revenue 1.7x 2.06x 2.2x 2.23x 2.55x 2.93x 2.75x 2.57x
EV / EBITDA 11.9x 16.2x 16.4x 15.6x 18x 19.6x 18.1x 16.8x
EV / EBIT 13.7x 19.4x 19.4x 18.2x 21.4x 23.2x 21.2x 19.7x
EV / FCF 27.2x 37.3x 25.6x 28.8x 26.2x 32.2x 29.2x 30.5x
FCF Yield 3.68% 2.68% 3.91% 3.47% 3.81% 3.1% 3.43% 3.28%
Dividend per Share 2 1.14 1.24 1.34 1.47 - 1.798 1.939 2.2
Rate of return 1.17% 1.05% 0.96% 0.98% - 0.75% 0.81% 0.92%
EPS 2 4.87 4.38 5.56 6.32 6.61 7.796 8.575 9.383
Distribution rate 23.4% 28.3% 24.1% 23.3% - 23.1% 22.6% 23.4%
Net sales 1 18,916 18,696 20,377 21,129 22,751 25,139 26,757 28,510
EBITDA 1 2,694 2,385 2,727 3,032 3,217 3,751 4,069 4,369
EBIT 1 2,333 1,990 2,308 2,586 2,707 3,178 3,461 3,725
Net income 1 1,723 1,512 1,875 2,091 2,145 2,488 2,695 2,892
Net Debt 1 -2,470 -2,095 -2,412 -2,516 -3,077 -3,338 -3,535 -3,658
Reference price 2 97.75 118.19 140.28 150.56 188.65 240.13 240.13 240.13
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 Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
30.8x2.93x19.64x0.75% 77.03B
25.69x3.81x13.47x3.46% 202B
50.33x6.07x25.59x0.74% 154B
44.4x2.86x11.12x1.35% 38.1B
21.65x3.9x15.62x1.08% 29.79B
21.56x1.47x8.26x4.28% 29.1B
18.19x2.52x11.16x1.97% 22.1B
29.23x1.7x14.4x-.--% 21.05B
14.38x1.68x7.3x4.37% 10.45B
8.24x0.43x4.03x3.13% 7.88B
Average 26.45x 2.74x 13.06x 2.11% 59.15B
Weighted average by Cap. 32.99x 3.91x 16.85x 2.02%

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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