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 81,020 - -
Change - 17.84% 16.03% 5.18% 22.84% 32.78% - -
Enterprise Value (EV) 1 32,068 38,606 44,816 47,158 57,941 77,668 77,459 77,361
Change - 20.39% 16.09% 5.23% 22.87% 34.05% -0.27% -0.13%
P/E 20.1x 27x 25.2x 23.8x 28.5x 32.4x 29.4x 26.8x
PBR 8.47x 9.45x 9.72x 9.05x 9.89x 11.7x 9.94x 11.8x
PEG - -2.7x 0.9x 1.7x 6.21x 1.8x 2.95x 2.71x
Capitalization / Revenue 1.83x 2.18x 2.32x 2.35x 2.68x 3.22x 3.03x 2.83x
EV / Revenue 1.7x 2.06x 2.2x 2.23x 2.55x 3.09x 2.89x 2.71x
EV / EBITDA 11.9x 16.2x 16.4x 15.6x 18x 20.7x 19x 17.6x
EV / EBIT 13.7x 19.4x 19.4x 18.2x 21.4x 24.4x 22.4x 20.6x
EV / FCF 27.2x 37.3x 25.6x 28.8x 26.2x 33.8x 31.1x 32.2x
FCF Yield 3.68% 2.68% 3.91% 3.47% 3.81% 2.95% 3.21% 3.11%
Dividend per Share 2 1.14 1.24 1.34 1.47 1.62 1.798 1.939 2.2
Rate of return 1.17% 1.05% 0.96% 0.98% 0.86% 0.71% 0.77% 0.87%
EPS 2 4.87 4.38 5.56 6.32 6.61 7.807 8.586 9.436
Distribution rate 23.4% 28.3% 24.1% 23.3% 24.5% 23% 22.6% 23.3%
Net sales 1 18,916 18,696 20,377 21,129 22,751 25,149 26,762 28,590
EBITDA 1 2,694 2,385 2,727 3,032 3,217 3,759 4,074 4,407
EBIT 1 2,333 1,990 2,308 2,586 2,707 3,183 3,460 3,761
Net income 1 1,723 1,512 1,875 2,091 2,145 2,492 2,699 2,917
Net Debt 1 -2,470 -2,095 -2,412 -2,516 -3,077 -3,351 -3,561 -3,658
Reference price 2 97.75 118.19 140.28 150.56 188.65 252.57 252.57 252.57
Nbr of stocks (in thousands) 3,53,330 3,44,371 3,36,666 3,29,929 3,23,445 3,20,781 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
32.35x3.09x20.66x0.71% 8.1TCr
26.4x4.07x14.4x3.37% 21TCr
47.7x5.86x24.42x0.78% 15TCr
53.99x3.01x11.75x1.16% 4.1TCr
22.37x4.03x16.11x1.05% 3.08TCr
22.4x1.49x8.44x4.2% 2.91TCr
32.15x1.86x15.79x-.--% 2.32TCr
19.19x2.65x11.77x1.87% 2.34TCr
15.22x - - 4.25% 1.06TCr
7.62x0.4x3.73x3.37% 733.64Cr
Average 27.94x 2.94x 14.12x 2.08% 6.04TCr
Weighted average by Cap. 33.52x 4.00x 17.24x 1.96%

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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