Company Valuation: Cencora, Inc.

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 24,820 28,048 36,148 44,117 60,593 65,057 - -
Change - 13.01% 28.88% 22.05% 37.34% 7.37% - -
Enterprise Value (EV) 1 28,957 30,363 38,343 45,373 63,897 72,494 71,003 70,322
Change - 4.86% 26.28% 18.33% 40.83% 13.45% -2.06% -0.96%
P/E 16.2x 16.8x 21.1x 29.9x 39.3x 18.7x 20.7x 18.6x
PBR 111x 401x 54.2x 67.9x 34.7x 18.1x 11.9x 9.16x
PEG - 1.91x 3.46x -2.6x 6.88x 0x -2.18x 1.6x
Capitalization / Revenue 0.12x 0.12x 0.14x 0.15x 0.19x 0.19x 0.18x 0.18x
EV / Revenue 0.14x 0.13x 0.15x 0.15x 0.2x 0.22x 0.2x 0.19x
EV / EBITDA 9.73x 8.55x 10.4x 11.1x 13.5x 13.5x 12.6x 11.5x
EV / EBIT 10.9x 9.6x 11.7x 12.4x 15.1x 15.1x 14x 12.8x
EV / FCF 13x 13.8x 11.1x 15.1x 19.9x 24.7x 19.9x 17.3x
FCF Yield 7.7% 7.27% 9.01% 6.61% 5.02% 4.05% 5.03% 5.78%
Dividend per Share 2 1.78 1.84 1.94 2.04 2.2 2.377 2.434 2.533
Rate of return 1.49% 1.36% 1.08% 0.91% 0.7% 0.7% 0.71% 0.74%
EPS 2 7.39 8.04 8.53 7.53 7.96 18.23 16.5 18.37
Distribution rate 24.1% 22.9% 22.7% 27.1% 27.6% 13% 14.8% 13.8%
Net sales 1 213,989 238,587 262,173 293,959 321,333 337,031 351,682 367,260
EBITDA 1 2,977 3,553 3,702 4,080 4,721 5,373 5,630 6,091
EBIT 1 2,648 3,163 3,289 3,648 4,223 4,802 5,072 5,474
Net income 1 1,540 1,699 1,745 1,509 1,554 3,580 2,845 3,164
Net Debt 1 4,137 2,315 2,195 1,255 3,305 7,437 5,946 5,265
Reference price 2 119.45 135.33 179.97 225.08 312.53 340.92 340.92 340.92
Nbr of stocks (in thousands) 207,787 207,258 200,854 196,008 193,878 190,827 - -
Announcement Date 04/11/21 03/11/22 02/11/23 06/11/24 05/11/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
18.7x0.22x13.49x0.7% 65.06B
30.95x4.09x15.82x2.45% 181B
20.26x3.52x12.59x2.99% 116B
22.98x4.5x15.69x1.22% 113B
27.35x2.68x10.75x2.64% 79.83B
31.17x7.75x19.98x1.28% 54.35B
36.95x3.53x12.1x2.05% 52.23B
37.95x9.42x26.36x-.--% 44.15B
34.57x6.06x19.03x-.--% 32.47B
38.54x3.13x11.66x0.56% 32.12B
Average 29.94x 4.49x 15.75x 1.39% 77.07B
Weighted average by Cap. 28.06x 4.16x 15.20x 1.79%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Cencora, Inc.

Historical PBR trend

Valuation ratios - PBR - Cencora, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Cencora, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Cencora, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Cencora, Inc.
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