TSCO Valuation

Tractor Supply Co

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58.590

+0.48(0.826%)1D

Overview
Forecast
Valuation
Earnings

TSCO Relative Valuation

TSCO's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, TSCO is overvalued; if below, it's undervalued.

Historical Valuation

Tractor Supply Co (TSCO) is now in the Overvalued zone, suggesting that its current forward PE ratio of 26.27 is considered Overvalued compared with the five-year average of 22.81. The fair price of Tractor Supply Co (TSCO) is between 48.12 to 57.35 according to relative valuation methord. Compared to the current price of 58.59 USD , Tractor Supply Co is Overvalued By 2.17%.

Relative Value

Fair Zone

48.12-57.35

Current Price：58.59

2.17%

Overvalued

26.27

Trailing

Forward

17.18

EV/EBITDA

Tractor Supply Co. (TSCO) has a current EV/EBITDA of 17.18. The 5-year average EV/EBITDA is 15.63. The thresholds are as follows: Strongly Undervalued below 12.66, Undervalued between 12.66 and 14.14, Fairly Valued between 17.11 and 14.14, Overvalued between 17.11 and 18.60, and Strongly Overvalued above 18.60. The current Forward EV/EBITDA of 17.18 falls within the Overvalued range.

22.74

EV/EBIT

Tractor Supply Co. (TSCO) has a current EV/EBIT of 22.74. The 5-year average EV/EBIT is 19.82. The thresholds are as follows: Strongly Undervalued below 15.58, Undervalued between 15.58 and 17.70, Fairly Valued between 21.94 and 17.70, Overvalued between 21.94 and 24.06, and Strongly Overvalued above 24.06. The current Forward EV/EBIT of 22.74 falls within the Overvalued range.

1.90

Tractor Supply Co. (TSCO) has a current PS of 1.90. The 5-year average PS is 1.71. The thresholds are as follows: Strongly Undervalued below 1.35, Undervalued between 1.35 and 1.53, Fairly Valued between 1.88 and 1.53, Overvalued between 1.88 and 2.06, and Strongly Overvalued above 2.06. The current Forward PS of 1.90 falls within the Overvalued range.

13.08

P/OCF

Tractor Supply Co. (TSCO) has a current P/OCF of 13.08. The 5-year average P/OCF is 14.30. The thresholds are as follows: Strongly Undervalued below -3.40, Undervalued between -3.40 and 5.45, Fairly Valued between 23.15 and 5.45, Overvalued between 23.15 and 32.00, and Strongly Overvalued above 32.00. The current Forward P/OCF of 13.08 falls within the Historic Trend Line -Fairly Valued range.

32.38

P/FCF

Tractor Supply Co. (TSCO) has a current P/FCF of 32.38. The 5-year average P/FCF is 32.45. The thresholds are as follows: Strongly Undervalued below 17.28, Undervalued between 17.28 and 24.87, Fairly Valued between 40.03 and 24.87, Overvalued between 40.03 and 47.61, and Strongly Overvalued above 47.61. The current Forward P/FCF of 32.38 falls within the Historic Trend Line -Fairly Valued range.

Tractor Supply Co (TSCO) has a current Price-to-Book (P/B) ratio of 12.51. Compared to its 3-year average P/B ratio of 12.28 , the current P/B ratio is approximately 1.85% higher. Relative to its 5-year average P/B ratio of 11.81, the current P/B ratio is about 5.93% higher. Tractor Supply Co (TSCO) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 2.22%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 3.04% , the current FCF yield is about -100.00% lower.

12.51

P/B

Median3y

12.28

Median5y

11.81

2.66

FCF Yield

Median3y

2.22

Median5y

3.04

Competitors Valuation Multiple

The average P/S ratio for TSCO's competitors is 3.08, providing a benchmark for relative valuation. Tractor Supply Co Corp (TSCO) exhibits a P/S ratio of , which is -100.00% above the industry average. Given its robust revenue growth of 4.55%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Caseys General Stores Inc

Ultrapar Participacoes SA

Performance Decomposition

Market capitalization of TSCO increased by 12.60% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 26.03 to 28.96.

The secondary factor is the Revenue Growth, contributed 4.55%to the performance.

Overall, the performance of TSCO in the past 1 year is driven by P/E Change. Which is more unsustainable.

4.55%

4.25B → 4.44B

Revenue Growth

-3.20%

10.01 → 9.69

Margin Expansion

11.25%

26.03 → 28.96

P/E Change

12.60%