Financials Sprouts Farmers Market, Inc.

Equities

SFM

US85208M1027

Food Retail & Distribution

Market Closed - Nasdaq 04:00:00 2024-05-28 pm EDT 5-day change 1st Jan Change
78.94 USD -4.64% Intraday chart for Sprouts Farmers Market, Inc. -0.32% +64.08%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,286 2,371 3,332 3,426 4,886 8,318 - -
Enterprise Value (EV) 1 2,751 2,463 3,347 3,393 4,819 8,384 8,406 8,304
P/E ratio 15.5 x 8.27 x 14.1 x 13.5 x 19.2 x 25.3 x 23.7 x 20.3 x
Yield - - - - - - - -
Capitalization / Revenue 0.41 x 0.37 x 0.55 x 0.54 x 0.71 x 1.13 x 1.03 x 0.94 x
EV / Revenue 0.49 x 0.38 x 0.55 x 0.53 x 0.7 x 1.13 x 1.05 x 0.94 x
EV / EBITDA 8.07 x 4.67 x 7.28 x 6.99 x 9.12 x 14.9 x 13.9 x 12.9 x
EV / FCF 16 x 6.62 x 12.8 x 13.7 x 20.1 x 32.1 x 32.9 x 31.2 x
FCF Yield 6.25% 15.1% 7.84% 7.29% 4.98% 3.12% 3.04% 3.21%
Price to Book 3.91 x 2.69 x 3.44 x 3.38 x 4.33 x 6.93 x 5.8 x 4.46 x
Nbr of stocks (in thousands) 118,139 117,950 112,259 105,852 101,561 100,477 - -
Reference price 2 19.35 20.10 29.68 32.37 48.11 78.94 78.94 78.94
Announcement Date 2/20/20 2/25/21 2/24/22 3/2/23 2/22/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 5,635 6,469 6,100 6,404 6,837 7,389 8,036 8,854
EBITDA 1 340.7 527 459.6 485.4 528.2 563 603.7 643.2
EBIT 1 217.9 400.5 334.1 358.4 396.3 421.8 448.7 472.5
Operating Margin 3.87% 6.19% 5.48% 5.6% 5.8% 5.71% 5.58% 5.34%
Earnings before Tax (EBT) 1 196.2 376.9 322.4 349.3 343.7 418 445.4 506.7
Net income 1 149.6 287.4 244.2 261.2 258.9 315.2 333 357.1
Net margin 2.66% 4.44% 4% 4.08% 3.79% 4.27% 4.14% 4.03%
EPS 2 1.250 2.430 2.100 2.390 2.500 3.121 3.337 3.883
Free Cash Flow 1 172 372.1 262.4 247.3 239.8 261.4 255.8 266.4
FCF margin 3.05% 5.75% 4.3% 3.86% 3.51% 3.54% 3.18% 3.01%
FCF Conversion (EBITDA) 50.48% 70.6% 57.1% 50.95% 45.39% 46.42% 42.38% 41.42%
FCF Conversion (Net income) 114.94% 129.44% 107.48% 94.7% 92.62% 82.92% 76.84% 74.61%
Dividend per Share 2 - - - - - - - -
Announcement Date 2/20/20 2/25/21 2/24/22 3/2/23 2/22/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 1,493 1,641 1,595 1,591 1,577 1,733 1,692 1,713 1,699 1,884 1,831 1,842 1,835 2,044 1,994
EBITDA 1 82.5 152.4 118.6 121.5 92.88 168 133 123.7 103.6 182.8 142.1 132.9 108.6 196.9 153.5
EBIT 1 51.38 119.6 86.51 90.34 61.87 137 91.62 90.05 69.44 148.3 106.5 95.62 72.12 160.5 114
Operating Margin 3.44% 7.29% 5.42% 5.68% 3.92% 7.91% 5.41% 5.26% 4.09% 7.87% 5.82% 5.19% 3.93% 7.85% 5.72%
Earnings before Tax (EBT) 1 48.54 116.6 83.85 88.39 60.47 99.3 89.48 85.96 69 147.4 105.4 95.66 70.52 158.9 113.5
Net income 1 36.23 88.31 62 65.74 45.12 76.16 67.33 65.31 50.05 114.1 78.04 70.99 52.24 118.7 84.05
Net margin 2.43% 5.38% 3.89% 4.13% 2.86% 4.39% 3.98% 3.81% 2.95% 6.06% 4.26% 3.85% 2.85% 5.81% 4.22%
EPS 2 0.3200 0.7900 0.5700 0.6100 0.4200 0.7300 0.6500 0.6400 0.4900 1.120 0.7717 0.7047 0.5241 1.175 0.8565
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 2/24/22 5/4/22 8/3/22 11/8/22 3/2/23 5/1/23 8/1/23 10/31/23 2/22/24 5/1/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 465 91.7 15.4 - - 66.9 88.9 -
Net Cash position 1 - - - 33.3 67.1 - - 13.8
Leverage (Debt/EBITDA) 1.365 x 0.174 x 0.0336 x - - 0.1188 x 0.1473 x -
Free Cash Flow 1 172 372 262 247 240 261 256 266
ROE (net income / shareholders' equity) 25.6% 39.3% 26.5% 26% 26.7% 26% 26% 22.7%
ROA (Net income/ Total Assets) 6.82% 10.4% 8.52% 8.71% 9.16% 9.29% 9.86% -
Assets 1 2,194 2,765 2,865 2,997 2,825 3,394 3,377 -
Book Value Per Share 2 4.950 7.470 8.640 9.590 11.10 11.40 13.60 17.70
Cash Flow per Share 2.970 4.180 3.140 3.400 4.500 - - -
Capex 1 183 122 102 124 225 236 255 272
Capex / Sales 3.25% 1.89% 1.68% 1.94% 3.3% 3.2% 3.17% 3.07%
Announcement Date 2/20/20 2/25/21 2/24/22 3/2/23 2/22/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
14
Last Close Price
82.78 USD
Average target price
66.09 USD
Spread / Average Target
-20.16%
Consensus
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