54.78 USD
+0.15 (+0.27%)
54.78 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to TSCO. TSCO was compared to 122 industry peers in the Specialty Retail industry. Both the health and profitability get an excellent rating, making TSCO a very profitable company, without any liquidiy or solvency issues. TSCO is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
TSCO had positive earnings in the past year.
TSCO had a positive operating cash flow in the past year.
In the past 5 years TSCO has always been profitable.
TSCO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TSCO has a better Return On Assets (10.16%) than 86.07% of its industry peers.
The Return On Equity of TSCO (42.95%) is better than 94.26% of its industry peers.
TSCO's Return On Invested Capital of 14.30% is amongst the best of the industry. TSCO outperforms 84.43% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TSCO is above the industry average of 11.71%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.16% | ||
| ROE | 42.95% | ||
| ROIC | 14.3% |
ROA(3y)12.04%
ROA(5y)11.91%
ROE(3y)51.11%
ROE(5y)48.41%
ROIC(3y)16.6%
ROIC(5y)16.64%
1.3 Margins
TSCO has a Profit Margin of 7.18%. This is amongst the best in the industry. TSCO outperforms 83.61% of its industry peers.
TSCO's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 9.66%, TSCO belongs to the top of the industry, outperforming 81.97% of the companies in the same industry.
In the last couple of years the Operating Margin of TSCO has grown nicely.
Looking at the Gross Margin, with a value of 36.46%, TSCO is in line with its industry, outperforming 52.46% of the companies in the same industry.
In the last couple of years the Gross Margin of TSCO has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.66% | ||
| PM (TTM) | 7.18% | ||
| GM | 36.46% |
OM growth 3Y-1.33%
OM growth 5Y2.07%
PM growth 3Y-1.88%
PM growth 5Y1.9%
GM growth 3Y1.02%
GM growth 5Y1.07%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so TSCO is creating value.
The number of shares outstanding for TSCO has been reduced compared to 1 year ago.
Compared to 5 years ago, TSCO has less shares outstanding
Compared to 1 year ago, TSCO has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.01 indicates that TSCO is not in any danger for bankruptcy at the moment.
TSCO's Altman-Z score of 5.01 is amongst the best of the industry. TSCO outperforms 88.52% of its industry peers.
The Debt to FCF ratio of TSCO is 1.87, which is an excellent value as it means it would take TSCO, only 1.87 years of fcf income to pay off all of its debts.
TSCO's Debt to FCF ratio of 1.87 is fine compared to the rest of the industry. TSCO outperforms 77.05% of its industry peers.
A Debt/Equity ratio of 0.69 indicates that TSCO is somewhat dependend on debt financing.
TSCO has a Debt to Equity ratio (0.69) which is comparable to the rest of the industry.
Even though the debt/equity ratio score it not favorable for TSCO, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 1.87 | ||
| Altman-Z | 5.01 |
ROIC/WACC1.55
WACC9.21%
2.3 Liquidity
A Current Ratio of 1.30 indicates that TSCO should not have too much problems paying its short term obligations.
The Current ratio of TSCO (1.30) is comparable to the rest of the industry.
A Quick Ratio of 0.14 indicates that TSCO may have some problems paying its short term obligations.
The Quick ratio of TSCO (0.14) is worse than 92.62% of its industry peers.
The current and quick ratio evaluation for TSCO is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.3 | ||
| Quick Ratio | 0.14 |
3. Growth
3.1 Past
TSCO shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.17%.
TSCO shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.96% yearly.
TSCO shows a small growth in Revenue. In the last year, the Revenue has grown by 4.26%.
The Revenue has been growing by 12.25% on average over the past years. This is quite good.
EPS 1Y (TTM)1.17%
EPS 3Y5.77%
EPS 5Y16.96%
EPS Q2Q%9.37%
Revenue 1Y (TTM)4.26%
Revenue growth 3Y5.34%
Revenue growth 5Y12.25%
Sales Q2Q%7.23%
3.2 Future
The Earnings Per Share is expected to grow by 9.44% on average over the next years. This is quite good.
The Revenue is expected to grow by 6.74% on average over the next years.
EPS Next Y5.4%
EPS Next 2Y8.06%
EPS Next 3Y9.08%
EPS Next 5Y9.44%
Revenue Next Year5.15%
Revenue Next 2Y5.84%
Revenue Next 3Y6.18%
Revenue Next 5Y6.74%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
TSCO is valuated quite expensively with a Price/Earnings ratio of 26.34.
TSCO's Price/Earnings ratio is a bit cheaper when compared to the industry. TSCO is cheaper than 65.57% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.31, TSCO is valued at the same level.
Based on the Price/Forward Earnings ratio of 23.00, the valuation of TSCO can be described as rather expensive.
TSCO's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of TSCO to the average of the S&P500 Index (36.59), we can say TSCO is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.34 | ||
| Fwd PE | 23 |
4.2 Price Multiples
TSCO's Enterprise Value to EBITDA is on the same level as the industry average.
63.11% of the companies in the same industry are more expensive than TSCO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.39 | ||
| EV/EBITDA | 15.47 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates TSCO does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of TSCO may justify a higher PE ratio.
PEG (NY)4.88
PEG (5Y)1.55
EPS Next 2Y8.06%
EPS Next 3Y9.08%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.68%, TSCO has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 5.66, TSCO pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 2.34, TSCO is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.68% |
5.2 History
The dividend of TSCO decreases each year by -8.25%.
TSCO has paid a dividend for at least 10 years, which is a reliable track record.
TSCO has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-8.25%
Div Incr Years14
Div Non Decr Years14
5.3 Sustainability
TSCO pays out 43.76% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP43.76%
EPS Next 2Y8.06%
EPS Next 3Y9.08%
54.78
+0.15 (+0.27%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners99.6%
Inst Owner Change-3.23%
Ins Owners0.27%
Ins Owner Change6.69%
Market Cap28.95B
Revenue(TTM)15.40B
Net Income(TTM)1.11B
Analysts75.9
Price Target64.51 (17.76%)
Short Float %6.06%
Short Ratio6.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.68% |
Yearly Dividend0.88
Dividend Growth(5Y)-8.25%
DP43.76%
Div Incr Years14
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-0.69%
Min EPS beat(2)-1.01%
Max EPS beat(2)-0.36%
EPS beat(4)0
Avg EPS beat(4)-3.98%
Min EPS beat(4)-9.37%
Max EPS beat(4)-0.36%
EPS beat(8)2
Avg EPS beat(8)-1.79%
EPS beat(12)3
Avg EPS beat(12)-1.91%
EPS beat(16)5
Avg EPS beat(16)-0.52%
Revenue beat(2)0
Avg Revenue beat(2)-1.46%
Min Revenue beat(2)-1.95%
Max Revenue beat(2)-0.97%
Revenue beat(4)0
Avg Revenue beat(4)-2.26%
Min Revenue beat(4)-3.86%
Max Revenue beat(4)-0.97%
Revenue beat(8)0
Avg Revenue beat(8)-2.33%
Revenue beat(12)1
Avg Revenue beat(12)-2.25%
Revenue beat(16)3
Avg Revenue beat(16)-1.8%
PT rev (1m)0.26%
PT rev (3m)3.99%
EPS NQ rev (1m)0.04%
EPS NQ rev (3m)-0.57%
EPS NY rev (1m)0.1%
EPS NY rev (3m)0.25%
Revenue NQ rev (1m)-0.02%
Revenue NQ rev (3m)-0.46%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)-0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.34 | ||
| Fwd PE | 23 | ||
| P/S | 1.88 | ||
| P/FCF | 30.39 | ||
| P/OCF | 15.84 | ||
| P/B | 11.25 | ||
| P/tB | 13.32 | ||
| EV/EBITDA | 15.47 |
EPS(TTM)2.08
EY3.8%
EPS(NY)2.38
Fwd EY4.35%
FCF(TTM)1.8
FCFY3.29%
OCF(TTM)3.46
OCFY6.31%
SpS29.14
BVpS4.87
TBVpS4.11
PEG (NY)4.88
PEG (5Y)1.55
Graham Number15.1
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.16% | ||
| ROE | 42.95% | ||
| ROCE | 18.43% | ||
| ROIC | 14.3% | ||
| ROICexc | 14.64% | ||
| ROICexgc | 15.42% | ||
| OM | 9.66% | ||
| PM (TTM) | 7.18% | ||
| GM | 36.46% | ||
| FCFM | 6.18% |
ROA(3y)12.04%
ROA(5y)11.91%
ROE(3y)51.11%
ROE(5y)48.41%
ROIC(3y)16.6%
ROIC(5y)16.64%
ROICexc(3y)17.31%
ROICexc(5y)18.77%
ROICexgc(3y)18.04%
ROICexgc(5y)19.31%
ROCE(3y)21.39%
ROCE(5y)21.43%
ROICexgc growth 3Y-8.38%
ROICexgc growth 5Y1.67%
ROICexc growth 3Y-9.19%
ROICexc growth 5Y1.55%
OM growth 3Y-1.33%
OM growth 5Y2.07%
PM growth 3Y-1.88%
PM growth 5Y1.9%
GM growth 3Y1.02%
GM growth 5Y1.07%
F-Score6
Asset Turnover1.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 1.87 | ||
| Debt/EBITDA | 0.9 | ||
| Cap/Depr | 179.98% | ||
| Cap/Sales | 5.68% | ||
| Interest Coverage | 21.12 | ||
| Cash Conversion | 92.57% | ||
| Profit Quality | 86.18% | ||
| Current Ratio | 1.3 | ||
| Quick Ratio | 0.14 | ||
| Altman-Z | 5.01 |
F-Score6
WACC9.21%
ROIC/WACC1.55
Cap/Depr(3y)197.52%
Cap/Depr(5y)192.11%
Cap/Sales(3y)5.3%
Cap/Sales(5y)4.72%
Profit Quality(3y)54.61%
Profit Quality(5y)72.39%
High Growth Momentum
Growth
EPS 1Y (TTM)1.17%
EPS 3Y5.77%
EPS 5Y16.96%
EPS Q2Q%9.37%
EPS Next Y5.4%
EPS Next 2Y8.06%
EPS Next 3Y9.08%
EPS Next 5Y9.44%
Revenue 1Y (TTM)4.26%
Revenue growth 3Y5.34%
Revenue growth 5Y12.25%
Sales Q2Q%7.23%
Revenue Next Year5.15%
Revenue Next 2Y5.84%
Revenue Next 3Y6.18%
Revenue Next 5Y6.74%
EBIT growth 1Y0.31%
EBIT growth 3Y3.95%
EBIT growth 5Y14.58%
EBIT Next Year36.18%
EBIT Next 3Y16.92%
EBIT Next 5Y13.27%
FCF growth 1Y16.19%
FCF growth 3Y7.66%
FCF growth 5Y1.39%
OCF growth 1Y9.53%
OCF growth 3Y7.66%
OCF growth 5Y11.85%
TRACTOR SUPPLY COMPANY / TSCO FAQ
What is the ChartMill fundamental rating of TRACTOR SUPPLY COMPANY (TSCO) stock?
ChartMill assigns a fundamental rating of 6 / 10 to TSCO.
What is the valuation status for TSCO stock?
ChartMill assigns a valuation rating of 4 / 10 to TRACTOR SUPPLY COMPANY (TSCO). This can be considered as Fairly Valued.
How profitable is TRACTOR SUPPLY COMPANY (TSCO) stock?
TRACTOR SUPPLY COMPANY (TSCO) has a profitability rating of 8 / 10.
What is the financial health of TRACTOR SUPPLY COMPANY (TSCO) stock?
The financial health rating of TRACTOR SUPPLY COMPANY (TSCO) is 8 / 10.
Is the dividend of TRACTOR SUPPLY COMPANY sustainable?
The dividend rating of TRACTOR SUPPLY COMPANY (TSCO) is 5 / 10 and the dividend payout ratio is 43.76%.