Search companies

Find a company by ticker or name

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value
-7.8%
$152.59
vs $165.48 price
Levered DCF
$167.35
After debt service
Piotroski score
5 / 9
Average
Altman Z-score
5.88
Safe zone
Rating
A-
Overall 4 / 5
Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E27.21×31.01×42.63×41.75×59.78×71.23×68.56×45.15×
P/B5.82×6.12×8.5×9.67×14.81×22.32×18.26×12.85×
P/S7.86×10.39×14.64×14.54×22×30.93×27.49×17.93×
EV / EBITDA14.22×18.14×25.84×24.87×37.99×50.07×47.87×31.45×
Gross margin69.9%70.1%69.8%72.3%75.4%80.6%80.9%82.1%
Operating margin41.2%41.4%42.4%45.5%48.1%54.4%49.1%48.8%
Net margin29.0%33.5%34.4%34.8%36.8%43.4%40.1%39.7%
Current ratio1.84×4.41×2.31×2.76×3.05×4.03×11.47×6.25×
Debt / equity0.25×0.05×0.06×0.08×0.08×0.1×0.13×0.04×
Interest coverage235.35×211.66×160.71×466.87×400.55×328.13×0×0×
Dividend yield1.7%1.3%1.0%1.0%0.6%0.4%0.5%0.8%
Payout ratio46.7%41.1%42.5%42.3%38.7%30.3%37.2%36.1%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity21.5%19.7%20.0%23.1%24.8%31.3%26.6%28.4%
Return on invested capital16.3%16.9%17.3%19.8%21.9%27.0%21.8%26.0%
Return on assets13.6%15.3%12.8%15.6%16.9%22.5%21.5%24.9%
Free cash flow yield5.6%3.9%2.6%2.3%1.5%1.7%1.6%2.3%
Earnings yield3.7%3.2%2.3%2.4%1.7%1.4%1.5%2.2%
Enterprise value$6.4B$8B$10.6B$10.1B$15B$20.9B$13.9B$7.6B
Net debt / EBITDA-0.52×-1.07×-0.9×-0.86×-1.06×-0.88×-0.59×-0.93×
Cash conversion cycle (days)-86972631355970-41-195