Target Corp

LTS : 0LD8
USA·Consumer Defensive·Retail - Defensive·Ordinary Shares
$154.20
+0.89 (+0.75%)Oct 16 close
Market Cap
$69.83B
Enterprise Value
$86.05B
P/E (TTM)
18.82
P/B
4.53
Net Cash / (Debt)
−$14.43B
52-Week Range
$84 — $170
5-Year Range
$84 — $267
Avg Volume (3M)
5.19K

Target operates roughly 2,000 discount retail stores across the U.S., selling a wide range of everyday and discretionary goods — including groceries, household essentials, beauty products, apparel, electronics, and home furnishings. Customers are general consumers shopping for both routine needs and discretionary purchases. Revenue comes almost entirely from in-store sales (97%+), with about 30% of sales coming from Target's own private-label brands, which tend to carry better margins than national brands.

Employees440,000IPOJan 18, 2018SIC5331HQ1000 Nicollet Mall, Minneapolis, MN, USA, 55403
to

Financials

Profitability

Metric
Current
Margins
Gross Margin
27.8%
Operating Margin
5.0%
EBITDA Margin
8.0%
Net Margin
3.6%
OCF Margin
6.3%
FCF Margin
2.7%
Returns on Capital
ROE
25.1%
ROA
6.5%
ROIC
10.0%
ROCE
14.1%
ROC (Greenblatt)
14.3%
3Y ROIIC
−35.6%
Consistency
Years Profitable / 10Y
10

Valuation

Metric
Current
Earnings Multiples
P/E (TTM)
18.82
Forward P/E
19.32
P/E ex-NRI
20.57
Shiller P/E (CAPE)
17.18
Cash Flow Multiples
P/FCF
23.58
P/OCF
10.46
P/Owner Earnings
25.16
FCF Yield
4.28%
Enterprise Value Multiples
EV / EBIT
16.22
EV / Forward EBIT
16.56
EV / EBITDA
10.24
EV / Forward EBITDA
10.52
EV / Revenue
0.81
EV / Forward Revenue
0.80
Asset / Sales
P/S
0.67
P/B
4.53
P/Tangible Book
4.53
Growth-Adjusted
PEG
7.09

Capital Returns

Metric
Current
Dividends
Dividend Yield (TTM)
2.94%
Forward Dividend Yield
2.96%
3Y Dividend Growth
12.0%
Payout Ratio
0.60
5Y Yield on Cost
7.06%
Buybacks & Dilution
3Y Buyback Ratio
1.10%
5Y Share Change
−9.7%
Combined
Shareholder Yield
3.64%

Balance Sheet

Metric
Current
Leverage
Debt / Equity
1.29
Gross Debt / EBITDA
2.39
Cash / Debt
0.19
Equity / Assets
0.26
Coverage
Interest Coverage
11.91
Short-Term Liquidity
Current Ratio
0.97
Quick Ratio
0.27
Cash Ratio
0.18
Composite Scores
Piotroski F-Score
5
Altman Z-Score
2.98

5-Step DuPont Analysis

ROE %
24.04%
Net Margin %
3.54%
Operating Margin %
4.88%
Operating Income
$5.12B
÷
Revenue
$104.78B
×
Tax Burden
0.7773
Net Income
$3.71B
÷
Pretax Income
$4.77B
×
Interest Burden
0.9318
Pretax Income
$4.77B
÷
Operating Income
$5.12B
×
Asset Turnover
1.79
Revenue
$104.78B
÷
Average Total Assets
$58.63B
Begin Total Assets
$57.77B
End Total Assets
$59.49B
×
Equity Multiplier
3.80
Avg Total Assets
$58.63B
÷
Avg Stockholders Equity
$15.42B
Begin Equity
$14.67B
End Equity
$16.16B