SiteOne Landscape Supply, Inc. (SITE) Valuation

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

-31.8%

$78.55

vs $115.16 price

Levered DCF

$59.19

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

4.24

Safe zone

Rating

Overall 3 / 5

Ratios by fiscal year

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

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	37.32×	48.1×	42.32×	21.53×	45.29×	56.05×	47.96×	31.95×
P/B	3.42×	3.78×	4.93×	4.06×	10.21×	8.55×	9.5×	7.81×
P/S	1.21×	1.31×	1.7×	1.32×	3.11×	2.51×	1.58×	1.12×
EV / EBITDA	17.05×	20.48×	21.45×	13.72×	28.62×	29.6×	24.4×	18.25×
Gross margin	34.8%	34.4%	34.7%	35.4%	34.9%	33.3%	32.8%	32.1%
Operating margin	5.1%	4.2%	5.8%	8.3%	9.0%	6.6%	5.3%	5.1%
Net margin	3.2%	2.7%	4.0%	6.1%	6.9%	4.5%	3.3%	3.5%
Current ratio	2.47×	2.42×	2.43×	2.36×	2.2×	2.31×	2.46×	2.71×
Debt / equity	0.59×	0.6×	0.58×	0.57×	0.57×	0.71×	1.99×	1.9×
Interest coverage	6.8×	6.03×	9.24×	16.66×	16.34×	5.8×	3.74×	3.34×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	9.1%	7.9%	11.7%	18.8%	22.5%	15.3%	19.8%	24.5%
Return on invested capital	6.9%	5.8%	8.2%	12.7%	15.1%	10.5%	8.9%	11.8%
Return on assets	4.7%	4.0%	6.1%	9.7%	11.3%	7.2%	5.4%	6.3%
Free cash flow yield	4.4%	4.0%	3.6%	3.3%	1.6%	3.0%	2.9%	2.5%
Earnings yield	2.7%	2.1%	2.4%	4.6%	2.2%	1.8%	2.1%	3.1%
Enterprise value	$6.5B	$6.8B	$8.1B	$6B	$11.4B	$7.3B	$4.5B	$2.9B
Net debt / EBITDA	2.08×	2.55×	2.06×	1.63×	1.39×	2.08×	4.14×	3.48×
Cash conversion cycle (days)	110	108	107	111	103	98	106	109