Tractor Supply Company

WBAG:TSCO Stock Report

Market Cap: €28.0b

Tractor Supply Valuation

Is TSCO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of TSCO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TSCO (€262.1) is trading above our estimate of fair value (€255.51)

Significantly Below Fair Value: TSCO is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TSCO?

Key metric: As TSCO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for TSCO. This is calculated by dividing TSCO's market cap by their current earnings.
What is TSCO's PE Ratio?
PE Ratio26.6x
EarningsUS$1.11b
Market CapUS$29.45b

Price to Earnings Ratio vs Peers

How does TSCO's PE Ratio compare to its peers?

The above table shows the PE ratio for TSCO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.9x
601888 China Tourism Group Duty Free
26.8x16.6%CN¥141.9b
ULTA Ulta Beauty
13.8x-0.8%US$17.2b
DKS DICK'S Sporting Goods
14.4x3.8%US$16.1b
CHWY Chewy
36.7x-0.3%US$13.3b
TSCO Tractor Supply
26.6x7.2%€29.5b

Price-To-Earnings vs Peers: TSCO is expensive based on its Price-To-Earnings Ratio (26.6x) compared to the peer average (22.9x).

Price to Earnings Ratio vs Industry

How does TSCO's PE Ratio compare vs other companies in the European Specialty Retail Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TSCO 26.6xIndustry Avg. 16.4xNo. of Companies12PE01020304050+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TSCO is expensive based on its Price-To-Earnings Ratio (26.6x) compared to the European Specialty Retail industry average (16.4x).

Price to Earnings Ratio vs Fair Ratio

What is TSCO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TSCO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio26.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TSCO's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TSCO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€262.10
€270.00
+3.0%
10.5%€312.09€204.95n/a29
Nov ’25€249.10
€266.87
+7.1%
10.5%€308.47€202.58n/a29
Oct ’25€263.95
€246.60
-6.6%
9.4%€282.11€183.60n/a29
Sep ’25€242.75
€249.42
+2.7%
9.2%€286.68€187.76n/a28
Aug ’25€238.55
€249.45
+4.6%
10.1%€289.18€189.40n/a29
Jul ’25€250.80
€252.06
+0.5%
10.4%€296.15€190.92n/a29
Jun ’25€259.15
€250.11
-3.5%
10.4%€293.86€189.44n/a29
May ’25€257.75
€248.65
-3.5%
10.0%€285.27€191.74n/a29
Apr ’25€242.60
€224.00
-7.7%
10.5%€262.94€159.61n/a30
Mar ’25€233.00
€222.04
-4.7%
9.9%€249.16€159.64n/a29
Feb ’25€210.40
€210.89
+0.2%
10.9%€248.40€159.16n/a29
Jan ’25€195.60
€197.39
+0.9%
9.3%€240.52€155.42n/a30
Dec ’24€190.60
€198.13
+4.0%
8.6%€242.51€174.12n/a30
Nov ’24€180.40
€205.38
+13.8%
9.4%€255.12€179.53€249.1030
Oct ’24€193.80
€232.44
+19.9%
7.6%€265.10€198.83€263.9530
Sep ’24€203.60
€225.35
+10.7%
7.2%€256.98€192.74€242.7530
Aug ’24€204.40
€223.49
+9.3%
7.2%€254.63€190.97€238.5531
Jul ’24€200.60
€232.12
+15.7%
6.2%€256.54€196.07€250.8031
Jun ’24€192.50
€236.31
+22.8%
6.2%€260.01€198.72€259.1531
May ’24€216.40
€231.23
+6.9%
6.1%€255.22€195.06€257.7531
Apr ’24€216.45
€225.53
+4.2%
6.3%€250.31€192.55€242.6031
Mar ’24€212.40
€229.62
+8.1%
6.6%€254.53€179.11€233.0031
Feb ’24€206.50
€220.61
+6.8%
7.0%€245.78€169.32€210.4029
Jan ’24€210.85
€216.57
+2.7%
9.6%€254.56€175.36€195.6028
Dec ’23€212.80
€220.52
+3.6%
9.5%€261.31€180.01€190.6027
Nov ’23€221.45
€230.26
+4.0%
9.4%€273.29€188.27€180.4027

Analyst Forecast: Target price is less than 20% higher than the current share price.

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