TESCO PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 311.1 GBX | -1.24% |
|
-0.26% | +7.09% |
| May. 28 | TESCO : Barclays remains positive ahead of business update | CF |
| May. 24 | Rate outlook weighs on equities |  |
Valuation
| Fiscal Period: February | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 24,270 | 17,507 | 21,183 | 17,946 | 19,492 | 21,561 | - | - |
| Enterprise Value (EV) 1 | 36,568 | 29,507 | 31,699 | 28,439 | 19,492 | 31,318 | 31,614 | 31,524 |
| P/E ratio | 26.1 x | 30.2 x | 14.2 x | 24.5 x | 11.4 x | 12.5 x | 11.8 x | 11.3 x |
| Yield | 3.67% | 4.02% | 3.9% | 4.41% | - | 4.12% | 4.44% | 4.73% |
| Capitalization / Revenue | 0.37 x | 0.3 x | 0.35 x | 0.27 x | 0.29 x | 0.31 x | 0.3 x | 0.29 x |
| EV / Revenue | 0.56 x | 0.51 x | 0.52 x | 0.43 x | 0.29 x | 0.45 x | 0.44 x | 0.43 x |
| EV / EBITDA | 7.4 x | 8.8 x | 6.98 x | 6.57 x | 4.29 x | 6.75 x | 6.62 x | 6.46 x |
| EV / FCF | -37.9 x | -51.9 x | 11.3 x | 10.3 x | - | 19 x | 18.9 x | 18.3 x |
| FCF Yield | -2.64% | -1.93% | 8.86% | 9.67% | - | 5.28% | 5.3% | 5.46% |
| Price to Book | 1.82 x | 1.78 x | 1.37 x | 1.48 x | - | 1.83 x | 1.77 x | 1.77 x |
| Nbr of stocks (in thousands) | 7,685,869 | 7,685,051 | 7,574,786 | 7,268,607 | 6,968,930 | 6,930,556 | - | - |
| Reference price 2 | 3.158 | 2.278 | 2.796 | 2.469 | 2.797 | 3.111 | 3.111 | 3.111 |
| Announcement Date | 4/8/20 | 4/14/21 | 4/13/22 | 4/13/23 | 4/10/24 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: February | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 64,760 | 57,887 | 61,344 | 65,762 | 68,187 | 70,021 | 71,566 | 73,151 |
| EBITDA 1 | 4,942 | 3,353 | 4,543 | 4,330 | 4,544 | 4,638 | 4,774 | 4,879 |
| EBIT 1 | 3,005 | 1,815 | 2,825 | 2,630 | 2,821 | 2,935 | 3,048 | 3,139 |
| Operating Margin | 4.64% | 3.14% | 4.61% | 4% | 4.14% | 4.19% | 4.26% | 4.29% |
| Earnings before Tax (EBT) 1 | 1,315 | 825 | 2,033 | 1,000 | 2,277 | 2,424 | 2,526 | 2,734 |
| Net income 1 | 971 | 6,143 | 1,481 | 745 | 1,736 | 1,772 | 1,836 | 1,935 |
| Net margin | 1.5% | 10.61% | 2.41% | 1.13% | 2.55% | 2.53% | 2.57% | 2.65% |
| EPS 2 | 0.1208 | 0.0754 | 0.1964 | 0.1008 | 0.2453 | 0.2498 | 0.2640 | 0.2743 |
| Free Cash Flow 1 | -965 | -569 | 2,808 | 2,751 | - | 1,652 | 1,675 | 1,723 |
| FCF margin | -1.49% | -0.98% | 4.58% | 4.18% | - | 2.36% | 2.34% | 2.35% |
| FCF Conversion (EBITDA) | - | - | 61.81% | 63.53% | - | 35.62% | 35.07% | 35.31% |
| FCF Conversion (Net income) | - | - | 189.6% | 369.26% | - | 93.25% | 91.19% | 89.03% |
| Dividend per Share 2 | 0.1159 | 0.0915 | 0.1090 | 0.1090 | - | 0.1282 | 0.1381 | 0.1471 |
| Announcement Date | 4/8/20 | 4/14/21 | 4/13/22 | 4/13/23 | 4/10/24 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: February | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2024 S1 | 2024 S2 | 2025 Q1 | 2025 Q2 | 2025 S1 | 2025 Q3 | 2025 Q4 | 2025 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 32,851 | 28,718 | 29,169 | 30,416 | 30,928 | 32,456 | - | 34,038 | 17,314 | 17,535 | 34,784 | 16,585 | 19,051 | 35,399 |
| EBITDA | 2,507 | 1,926 | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | 1,599 | 1,037 | 778 | 1,458 | 1,367 | - | - | - | - | - | - | - | - | - |
| Operating Margin | 4.87% | 3.61% | 2.67% | 4.79% | 4.42% | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | 821 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | - | 460 | - | - | - | - | 927 | - | - | - | - | - | - | - |
| Net margin | - | 1.6% | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS | 0.0789 | - | - | - | - | - | 0.1283 | - | - | - | - | - | - | - |
| Dividend per Share | 0.0823 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 4/8/20 | 10/7/20 | 4/14/21 | 10/6/21 | 4/13/22 | 10/5/22 | 9/10/23 | 4/10/24 | - | - | - | - | - | - |
1GBP in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: February | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 12,298 | 12,000 | 10,516 | 10,493 | - | 9,757 | 10,053 | 9,963 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.488 x | 3.579 x | 2.315 x | 2.423 x | - | 2.104 x | 2.106 x | 2.042 x |
| Free Cash Flow 1 | -965 | -569 | 2,808 | 2,751 | - | 1,652 | 1,675 | 1,723 |
| ROE (net income / shareholders' equity) | 7.27% | 7.84% | 10.7% | 12.1% | - | 15.5% | 17% | 17.9% |
| ROA (Net income/ Total Assets) | 1.78% | 2.04% | 4.5% | 3.54% | - | 3.6% | 3.69% | 3.72% |
| Assets 1 | 54,612 | 301,138 | 32,911 | 21,033 | - | 49,281 | 49,830 | 51,960 |
| Book Value Per Share 2 | 1.740 | 1.280 | 2.040 | 1.670 | - | 1.700 | 1.760 | 1.760 |
| Cash Flow per Share 2 | 0.0100 | 0.0600 | 0.4900 | 0.5000 | - | 0.4600 | 0.5000 | 0.6100 |
| Capex 1 | 1,003 | 1,171 | 949 | 971 | - | 1,297 | 1,356 | 1,399 |
| Capex / Sales | 1.55% | 2.02% | 1.55% | 1.48% | - | 1.85% | 1.89% | 1.91% |
| Announcement Date | 4/8/20 | 4/14/21 | 4/13/22 | 4/13/23 | 4/10/24 | - | - | - |
1GBP in Million2GBP
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
A
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
3.111
GBP
Average target price
3.357
GBP
Spread / Average Target
+7.90%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +7.09% | 27.91B | |
| +23.77% | 527B | |
| +14.44% | 38.24B | |
| -0.90% | 36.33B | |
| +20.05% | 34.94B | |
| +10.82% | 29.78B | |
| -16.29% | 25.57B | |
| +15.11% | 18.89B | |
| +5.17% | 18.29B | |
| +4.02% | 14.37B |
- Stock Market
- Equities
- TSCO Stock
- Financials Tesco PLC
