Company Valuation: CDW Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 27,793 24,178 30,452 23,193 17,732 16,874 - -
Change - -13.01% 25.95% -23.84% -23.55% -4.84% - -
Enterprise Value (EV) 1 34,394 29,786 35,508 28,533 22,743 22,083 21,878 21,500
Change - -13.4% 19.21% -19.64% -20.29% -2.91% -0.93% -1.73%
P/E 29.1x 22x 28.1x 21.8x 16.9x 15.5x 13.4x 12.4x
PBR 39.1x 15.3x 14.9x 9.85x 6.76x 6.77x 5.78x 4.78x
PEG - 1.4x -76.15x -13.58x 12.24x 2.03x 0.8x 1.6x
Capitalization / Revenue 1.33x 1.02x 1.42x 1.1x 0.79x 0.7x 0.67x 0.65x
EV / Revenue 1.65x 1.25x 1.66x 1.36x 1.01x 0.91x 0.87x 0.83x
EV / EBITDA 19.7x 13.7x 16.5x 12.8x 10.7x 10x 9.28x 8.67x
EV / EBIT 20.9x 14.5x 17.4x 14.7x 11.4x 10.5x 9.77x 9.22x
EV / FCF 50.2x 20.2x 24.5x 24.7x 20.9x 20.2x 17.8x 14.8x
FCF Yield 1.99% 4.95% 4.08% 4.05% 4.78% 4.94% 5.61% 6.73%
Dividend per Share 2 1.8 2.09 2.39 2.485 2.505 2.55 2.683 2.749
Rate of return 0.88% 1.17% 1.05% 1.43% 1.84% 1.89% 1.99% 2.04%
EPS 2 7.04 8.13 8.1 7.97 8.08 8.696 10.07 10.85
Distribution rate 25.6% 25.7% 29.5% 31.2% 31% 29.3% 26.6% 25.3%
Net sales 1 20,821 23,749 21,376 20,999 22,424 24,243 25,134 25,842
EBITDA 1 1,742 2,173 2,155 2,222 2,122 2,206 2,357 2,479
EBIT 1 1,645 2,050 2,039 1,947 1,997 2,110 2,239 2,332
Net income 1 988.6 1,114 1,104 1,078 1,067 1,109 1,258 1,314
Net Debt 1 6,600 5,608 5,056 5,339 5,011 5,209 5,005 4,627
Reference price 2 204.78 178.58 227.32 174.04 136.20 134.97 134.97 134.97
Nbr of stocks (in thousands) 1,35,723 1,35,391 1,33,960 1,33,264 1,30,194 1,25,017 - -
Announcement Date 09/02/22 08/02/23 07/02/24 05/02/25 04/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-50.45x53.35x1559.43x - 5.23TCr
41.1x1.13x25.91x0.29% 1.66TCr
15.52x0.91x10.01x1.89% 1.69TCr
-1.82x3.07x12.66x-.--% 754.12Cr
41.75x4.79x28.49x1.64% 354.21Cr
29.37x - - 0.28% 264.89Cr
Average 12.58x 12.65x 327.30x 0.82% 1.66TCr
Weighted average by Cap. -14.86x 29.55x 849.62x 0.91%

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