Cintas Corporation

NasdaqGS:CTAS Stock Report

Market Cap: US$85.4b

Cintas Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • 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 CTAS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CTAS ($208.38) is trading above our estimate of fair value ($139.54)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for CTAS. This is calculated by dividing CTAS's market cap by their current earnings.
What is CTAS's PE Ratio?
PE Ratio51.5x
EarningsUS$1.63b
Market CapUS$85.42b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CTAS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average55.2x
CPRT Copart
42x11.1%US$58.9b
RBA RB Global
50.7x18.8%US$17.5b
UNF UniFirst
23.8x6.9%US$3.5b
KAR OPENLANE
104.3x81.6%US$2.2b
CTAS Cintas
51.5x8.4%US$85.4b

Price-To-Earnings vs Peers: CTAS is good value based on its Price-To-Earnings Ratio (51.5x) compared to the peer average (55.2x).

Price to Earnings Ratio vs Industry

How does CTAS's PE Ratio compare vs other companies in the US Commercial Services Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
SGTM Sustainable Green Team
3xn/aUS$42.04m
PGTK Pacific Green Technologies
3.3xn/aUS$26.15m
OMEX Odyssey Marine Exploration
0.6xn/aUS$7.22m
BLPG Blue Line Protection Group
3.8xn/aUS$476.03k
CTAS 51.5xIndustry Avg. 31.0xNo. of Companies9PE020406080100+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CTAS is expensive based on its Price-To-Earnings Ratio (51.5x) compared to the US Commercial Services industry average (31x).

Price to Earnings Ratio vs Fair Ratio

What is CTAS'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.

CTAS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio51.5x
Fair PE Ratio35.2x

Price-To-Earnings vs Fair Ratio: CTAS is expensive based on its Price-To-Earnings Ratio (51.5x) compared to the estimated Fair Price-To-Earnings Ratio (35.2x).

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 CTAS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$208.38
US$207.19
-0.6%
13.3%US$245.00US$147.50n/a16
Dec ’25US$225.79
US$206.12
-8.7%
13.6%US$245.00US$147.50n/a16
Nov ’25US$205.62
US$204.81
-0.4%
15.0%US$245.00US$137.00n/a16
Oct ’25US$203.86
US$203.08
-0.4%
14.9%US$245.00US$137.00n/a16
Sep ’25US$201.28
US$189.50
-5.9%
13.5%US$218.75US$130.00n/a17
Aug ’25US$190.48
US$189.73
-0.4%
13.8%US$218.75US$130.00n/a15
Jul ’25US$173.53
US$173.74
+0.1%
12.5%US$197.50US$120.00n/a15
Jun ’25US$169.49
US$173.84
+2.6%
12.5%US$197.50US$120.00n/a15
May ’25US$165.90
US$171.84
+3.6%
13.2%US$197.50US$120.00n/a16
Apr ’25US$170.14
US$171.52
+0.8%
13.7%US$197.50US$115.00n/a16
Mar ’25US$157.09
US$154.44
-1.7%
10.5%US$175.00US$115.00n/a17
Feb ’25US$154.39
US$153.41
-0.6%
10.1%US$175.00US$115.00n/a17
Jan ’25US$150.67
US$151.62
+0.6%
11.0%US$175.00US$115.00n/a17
Dec ’24US$139.56
US$134.32
-3.8%
11.1%US$157.50US$102.50US$225.7917
Nov ’24US$127.25
US$130.60
+2.6%
8.6%US$148.00US$102.50US$205.6216
Oct ’24US$120.25
US$131.07
+9.0%
8.6%US$148.00US$102.50US$203.8616
Sep ’24US$126.32
US$129.60
+2.6%
8.4%US$143.75US$100.00US$201.2816
Aug ’24US$125.94
US$129.60
+2.9%
8.4%US$143.75US$100.00US$190.4816
Jul ’24US$124.27
US$124.58
+0.3%
9.0%US$137.50US$96.00US$173.5315
Jun ’24US$119.00
US$124.58
+4.7%
9.0%US$137.50US$96.00US$169.4915
May ’24US$115.58
US$123.61
+6.9%
9.1%US$137.00US$95.25US$165.9014
Apr ’24US$115.67
US$121.15
+4.7%
12.8%US$137.00US$74.75US$170.1413
Mar ’24US$107.29
US$119.79
+11.7%
13.4%US$132.50US$74.75US$157.0912
Feb ’24US$111.59
US$119.65
+7.2%
13.8%US$132.50US$73.00US$154.3912
Jan ’24US$112.91
US$119.52
+5.9%
13.7%US$132.50US$73.00US$150.6712
Dec ’23US$115.61
US$109.29
-5.5%
13.3%US$131.25US$73.00US$139.5612

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 23:34
End of Day Share Price 2024/12/17 00:00
Earnings2024/08/31
Annual Earnings2024/05/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Cintas Corporation is covered by 34 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew WittmannBaird
Ishan MajumdarBaptista Research
Gary BisbeeBarclays