Company Valuation: H&R Block, Inc.

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,261 5,637 4,853 7,567 7,349 5,190 - -
Change - 32.3% -13.9% 55.91% -2.88% -29.38% - -
Enterprise Value (EV) 1 4,261 6,674 5,801 8,476 7,509 6,359 6,444 6,336
Change - 56.65% -13.08% 46.11% -11.41% -15.32% 1.34% -1.68%
P/E 6.45x 11x 9.08x 13.2x 12.5x 7.38x 7.62x -
PBR - - - - - - - -
PEG - -1x 1.01x 0.8x 1.91x 0.3x -2.35x -
Capitalization / Revenue 1.19x 1.63x 1.4x 2.1x 1.95x 1.33x 1.28x 1.24x
EV / Revenue 1.19x 1.93x 1.67x 2.35x 2x 1.63x 1.59x 1.51x
EV / EBITDA 4.05x 7.5x 6.34x 8.8x 7.69x 6.17x 5.97x 5.6x
EV / EBIT - 8.93x 7.4x 10.1x 8.74x 6.84x 6.53x 6.11x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - 1.08 1.16 1.28 1.5 1.695 1.765 2
Rate of return - 3.06% 3.64% 2.36% 2.73% 4.14% 4.31% 4.89%
EPS 2 3.64 3.22 3.51 4.12 4.39 5.55 5.37 -
Distribution rate - 33.5% 33% 31.1% 34.2% 30.5% 32.9% -
Net sales 1 3,589 3,463 3,472 3,610 3,761 3,910 4,060 4,195
EBITDA 1 1,051 889.5 914.7 963.2 976.3 1,031 1,079 1,131
EBIT 1 - 747.4 784.2 841.4 859.5 930.1 986.6 1,037
Net income 1 683.9 553.7 553.7 595.3 605.8 716.7 652.1 -
Net Debt 1 - 1,038 947.9 909.2 160 1,169 1,255 1,146
Reference price 2 23.48 35.32 31.87 54.23 54.89 40.94 40.94 40.94
Nbr of stocks (in thousands) 1,81,466 1,59,594 1,52,284 1,39,530 1,33,880 1,26,760 - -
Announcement Date 09/08/21 09/08/22 15/08/23 15/08/24 12/08/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.38x1.63x6.17x4.14% 518.96Cr
14.45x1.57x7.01x4.69% 16Cr
Average 10.91x 1.60x 6.59x 4.42% 267.24Cr
Weighted average by Cap. 7.58x 1.62x 6.19x 4.16%

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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