Tesco PLC

LSE-TSCO

Basic

Market Cap
£22.32B
EV
£32.48B
Shares Out
6,855.94M
Revenue
£68.19B
Employees
330,000

Margins

Gross
6.84%
EBITDA
5.8%
Operating
4.11%
Pre-Tax
3.36%
Net
1.74%
FCF
4.01%

Returns (5Yr Avg)

ROA
4.32%
ROTA
25.94%
ROE
16.38%
ROCE
8.14%
ROIC
4.36%

Valuation (TTM)

P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—

Valuation (NTM)

Price Target
£3.37
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
£4,674M
Net Debt
£10.17B
Debt/Equity
1.27
EBIT/Interest
3.49

Growth (CAGR)

Rev 3Yr
5.61%
Rev 5Yr
1.3%
Rev 10Yr
0.71%
Dil EPS 3Yr
-40.37%
Dil EPS 5Yr
0.05%
Dil EPS 10Yr
0.81%
Rev Fwd 2Yr
2.31%
EBITDA Fwd 2Yr
2.44%
EPS Fwd 2Yr
7.15%
EPS LT Growth Est
8.5%

Dividends

Yield
—
Payout
48.79%
DPS
£0.12
DPS Growth 3Yr
1.45%
DPS Growth 5Yr
10.6%
DPS Growth 10Yr
-4.26%
DPS Growth Fwd 2Yr
7.46%

Metric	Feb '15	Feb '16	Feb '17	Feb '18	Feb '19	Feb '20	Feb '21	Feb '22	Feb '23	Feb '24
Operating Revenues						57,023	57,152	60,661	64,656	67,376
Finance Div. Revenues						1,068	735	683	208	297
Insurance Division Revenues	—	—	—	—	—	—	—	—	458	514
Total Revenues						58,091	57,887	61,344	65,322	68,187
Total Revenues % Chg.						-9.1%	-0.4%	6%	6.5%	4.4%
Cost of Goods Sold, Total						53,377	53,734	56,511	60,412	62,757
Finance Div. Operating Exp.						709	467	556	615	678
Insurance Division Operating Expenses, Total	—	—	—	—	—	—	—	—	3	6
Interest Expense - Finance Division						166	83	42	42	82
Gross Profit						3,839	3,603	4,235	4,250	4,664
Selling General & Admin Expenses, Total						1,212	1,430	1,404	1,655	1,860
Other Operating Expenses	—	—	—	—	—	—	384	-39	—	—
Other Operating Expenses, Total						1,212	1,814	1,365	1,655	1,860
Operating Income						2,627	1,789	2,870	2,595	2,804
Interest Expense, Total						-722	-701	-652	-709	-804
Interest And Investment Income						16	15	9	87	267
Net Interest Expenses						-706	-686	-643	-622	-537
Income (Loss) On Equity Invest.						-8	26	15	8	6
Other Non Operating Income (Expenses)						-177	-48	123	-53	38
EBT, Excl. Unusual Items						1,736	1,081	2,365	1,928	2,311
Restructuring Charges						-108	—	-44	-132	-50
Merger & Related Restructuring Charges	—	—	—			-23	-25	—	—	—
Impairment of Goodwill		—		—	—	—	-295	—	—	—
Gain (Loss) On Sale Of Investments	—	—	—	—	—	-183	—	—	—	—
Gain (Loss) On Sale Of Assets					—	—	—	—	—	—
Asset Writedown						3	128	-121	-996	28
Insurance Settlements	—	—	—	—		—	—	—	—	—
Legal Settlements	—	—		—	—	—	-93	-193	—	—
Other Unusual Items						-397	-160	26	82	—
EBT, Incl. Unusual Items						1,028	636	2,033	882	2,289
Income Tax Expense						290	104	510	224	525
Earnings From Continuing Operations						738	532	1,523	658	1,764
Earnings Of Discontinued Operations					—	235	5,426	-40	78	-572
Minority Interest						-2	-4	-2	1	-4
Net Income						971	5,954	1,481	737	1,188
Net Income to Common Incl Extra Items						971	5,954	1,481	737	1,188
Net Income to Common Excl. Extra Items						736	528	1,521	659	1,760
Total Shares Outstanding						7,671.3	7,673.3	7,588.1	7,262.7	6,968.9
Weighted Avg. Shares Outstanding						7,670.5	7,601.8	7,658	7,415	7,097
Weighted Avg. Shares Outstanding Dil						7,723.4	7,623.2	7,746	7,482	7,176
EPS						0.1	0.8	0.2	0.1	0.2
EPS Diluted						0.1	0.8	0.2	0.1	0.2
EBITDA						3,865	2,774	3,842	3,722	3,955
Effective Tax Rate						28.2%	16.4%	25.1%	25.4%	22.9%