TSCO

Nasdaq

TRACTOR SUPPLY CO /DE/

Consumer Discretionary, Other Specialty Retail

$34.56

close 7 Aug 2026

-41.95%

52-week change

$18.03B

market cap

$28.36

$62.89

52-week range

Expected price

$42.29 – $51.68

Current price

$34.56

Signal

Could be undervalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)18.09x

P/S (TTM)1.15x

P/B6.85x

EV/EBITDA (TTM)10.79x

FCF yield (TTM)1.70%

PEG (TTM, GAAP)8.95

Context

P/E, own 5-year average24.09x

P/E, sector median22.78x*

Price at 5-year median P/E$47.66*

Indicated dividend yield2.78%

Forward — analyst consensus

Forward P/E (FY2026)18.46x*

Forward P/E (FY2027)16.89x

Forward PEG2.00*

Consensus EPS FY2026 (12 analysts)$1.87

EPS growth (FY2026→FY2027)9.25%

Revenue growth (FY2026)2.76%

Street view

Price target (mean)$35.52*

Target upside2.77%

Ratings (buy / hold / sell)15 / 15 / 0

FY2026 EPS revisions, 30d (up / down)0 / 13

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 27 Jun 2026, filed 6 Aug 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR -7.62%10Y CAGR +12.92%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$34.56

Cash & equivalents$231.59M

Total debt$2.15B

Shares outstanding521.85M

Result

DCF price per share$1.36

Current price$34.56

Margin of safety-96.05%

PV of years 1–10$1.43B

PV of terminal value$1.20B

Equity value$712.17M

Market-implied growth+18.63%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$283.59M	$261.98M	$242.02M	$223.57M	$206.54M	$190.80M	$176.26M	$162.83M	$150.42M	$138.96M	$2.59B
PV	$262.58M	$224.60M	$192.12M	$164.33M	$140.57M	$120.24M	$102.85M	$87.97M	$75.25M	$64.37M	$1.20B

period to 27 Jun 2026, filed 6 Aug 2026, close 7 Aug 2026