Company Valuation: Raymond James Financial, Inc.

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 18,990 21,328 20,974 25,220 34,414 30,033 - -
Change - 12.31% -1.66% 20.24% 36.45% -12.73% - -
Enterprise Value (EV) 14,684 21,328 14,800 17,311 34,414 30,033 30,033 30,033
Change - 45.24% -30.61% 16.97% 98.8% -12.73% 0% 0%
P/E ratio 13.9x 14.2x 12.6x 12.6x 16.8x 13.7x 12.2x 11.9x
PBR 2.3x 2.28x 2.07x 2.15x 2.75x 2.32x 2.11x 1.92x
PEG - 2.69x 0.9x 0.6x 2.72x 1.49x 1x 5.64x
Capitalization / Revenue 1.95x 1.94x 1.81x 1.97x 2.45x 1.93x 1.79x 1.73x
EV / Revenue 0x 0x 0x 0x 0x 1.93x 1.79x 1.73x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 10.1x 9.23x 10.4x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 1.03 1.36 1.68 1.8 1.95 2.127 2.267 2.39
Rate of return 1.12% 1.38% 1.67% 1.47% 1.13% 1.38% 1.47% 1.55%
EPS 2 6.63 6.98 7.97 9.7 10.3 11.25 12.65 12.91
Distribution rate 15.5% 19.5% 21.1% 18.6% 18.9% 18.9% 17.9% 18.5%
Net sales 1 9,760 11,003 11,619 12,821 14,065 15,573 16,735 17,359
EBITDA 1,893 2,267 2,577 2,867 - - - -
EBIT 1 1,759 2,122 2,412 2,688 2,751 2,973 3,255 2,883
Net income 1 1,403 1,505 1,733 2,063 2,130 2,239 2,435 2,368
Net Debt -4,306 - -6,174 -7,909 - - - -
Reference price 2 92.28 98.82 100.43 122.46 172.60 154.11 154.11 154.11
Nbr of stocks (in thousands) 2,05,788 2,15,825 2,08,842 2,05,943 1,99,384 1,94,883 - -
Announcement Date 27/10/21 26/10/22 25/10/23 23/10/24 22/10/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.7x - - 1.38% 3TCr
16.22x7.19x - 2.19% 30TCr
15.98x11.36x - 1.94% 29TCr
11.39x - - 2.02% 21TCr
15.48x - - 1.41% 16TCr
10.72x0.83x - 3.25% 5.61TCr
9.03x6.93x - 3.39% 2.32TCr
15.8x1.45x9.3x0.42% 2.4TCr
15.97x5.84x - 3.96% 2.32TCr
9.95x7.27x - 4.08% 2.35TCr
Average 13.42x 5.84x 9.30x 2.4% 11.43TCr
Weighted average by Cap. 14.54x 8.11x 9.30x 2.08%

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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  4. Valuation Raymond James Financial, Inc.