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 75,473 - -
Change - 17.84% 16.03% 5.18% 22.84% 23.69% - -
Enterprise Value (EV) 1 32,068 38,606 44,816 47,158 57,941 72,039 71,700 71,227
Change - 20.39% 16.09% 5.23% 22.87% 24.33% -0.47% -0.66%
P/E 20.1x 27x 25.2x 23.8x 28.5x 30x 27.3x 24.8x
PBR 8.47x 9.45x 9.72x 9.05x 9.89x 10.8x 9.13x 8.95x
PEG - -2.7x 0.9x 1.7x 6.21x 1.6x 2.7x 2.56x
Capitalization / Revenue 1.83x 2.18x 2.32x 2.35x 2.68x 3x 2.82x 2.63x
EV / Revenue 1.7x 2.06x 2.2x 2.23x 2.55x 2.86x 2.68x 2.48x
EV / EBITDA 11.9x 16.2x 16.4x 15.6x 18x 19.1x 17.5x 16x
EV / EBIT 13.7x 19.4x 19.4x 18.2x 21.4x 22.5x 20.6x 18.8x
EV / FCF 27.2x 37.3x 25.6x 28.8x 26.2x 31.1x 28.6x 29.6x
FCF Yield 3.68% 2.68% 3.91% 3.47% 3.81% 3.22% 3.5% 3.38%
Dividend per Share 2 1.14 1.24 1.34 1.47 1.62 1.786 1.931 2.181
Rate of return 1.17% 1.05% 0.96% 0.98% 0.86% 0.76% 0.82% 0.93%
EPS 2 4.87 4.38 5.56 6.32 6.61 7.838 8.634 9.471
Distribution rate 23.4% 28.3% 24.1% 23.3% 24.5% 22.8% 22.4% 23%
Net sales 1 18,916 18,696 20,377 21,129 22,751 25,182 26,792 28,702
EBITDA 1 2,694 2,385 2,727 3,032 3,217 3,771 4,101 4,442
EBIT 1 2,333 1,990 2,308 2,586 2,707 3,197 3,480 3,783
Net income 1 1,723 1,512 1,875 2,091 2,145 2,502 2,711 2,930
Net Debt 1 -2,470 -2,095 -2,412 -2,516 -3,077 -3,434 -3,773 -4,246
Reference price 2 97.75 118.19 140.28 150.56 188.65 235.28 235.28 235.28
Nbr of stocks (in thousands) 353,330 344,371 336,666 329,929 323,445 320,781 - -
Announcement Date 01/03/22 28/02/23 05/03/24 04/03/25 03/03/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.88x3.99x14.11x3.44% 203B
46.02x5.7x23.66x0.81% 148B
30.08x2.86x19.14x0.76% 75.47B
48.17x2.73x10.5x1.33% 36.52B
22.24x1.48x8.4x4.23% 29.04B
16.71x3.15x12.07x1.43% 25.73B
18.58x2.58x11.56x1.92% 23.28B
29.1x1.7x14.32x-.--% 20.95B
15.01x1.78x7.57x4.32% 10.65B
Average 27.98x 2.89x 13.48x 2.03% 63.66B
Weighted average by Cap. 32.08x 3.86x 16.41x 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