Company Valuation: CDW Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 27,793 24,178 30,452 23,193 17,732 19,294 - -
Change - -13.01% 25.95% -23.84% -23.55% 8.81% - -
Enterprise Value (EV) 1 34,394 29,786 35,508 28,533 22,743 24,503 24,299 23,921
Change - -13.4% 19.21% -19.64% -20.29% 7.74% -0.83% -1.56%
P/E 29.1x 22x 28.1x 21.8x 16.9x 17.7x 15.3x 14.2x
PBR 39.1x 15.3x 14.9x 9.85x 6.76x 7.74x 6.61x 5.47x
PEG - 1.4x -76.15x -13.58x 12.24x 2.32x 1x 1.83x
Capitalization / Revenue 1.33x 1.02x 1.42x 1.1x 0.79x 0.79x 0.77x 0.74x
EV / Revenue 1.65x 1.25x 1.66x 1.36x 1.01x 1.01x 0.96x 0.92x
EV / EBITDA 19.7x 13.7x 16.5x 12.8x 10.7x 11.1x 10.3x 9.6x
EV / EBIT 20.9x 14.5x 17.4x 14.7x 11.4x 11.6x 10.8x 10.2x
EV / FCF 50.2x 20.2x 24.5x 24.7x 20.9x 22.5x 19.8x 16.5x
FCF Yield 1.99% 4.95% 4.08% 4.05% 4.78% 4.45% 5.05% 6.05%
Dividend per Share 2 1.8 2.09 2.39 2.485 2.505 2.55 2.683 2.749
Rate of return 0.88% 1.17% 1.05% 1.43% 1.84% 1.65% 1.74% 1.78%
EPS 2 7.04 8.13 8.1 7.97 8.08 8.696 10.07 10.85
Distribution rate 25.6% 25.7% 29.5% 31.2% 31% 29.3% 26.6% 25.3%
Net sales 1 20,821 23,749 21,376 20,999 22,424 24,287 25,211 26,013
EBITDA 1 1,742 2,173 2,155 2,222 2,122 2,210 2,365 2,491
EBIT 1 1,645 2,050 2,039 1,947 1,997 2,112 2,244 2,342
Net income 1 988.6 1,114 1,104 1,078 1,067 1,109 1,258 1,314
Net Debt 1 6,600 5,608 5,056 5,339 5,011 5,209 5,005 4,627
Reference price 2 204.78 178.58 227.32 174.04 136.20 154.33 154.33 154.33
Nbr of stocks (in thousands) 135,723 135,391 133,960 133,264 130,194 125,017 - -
Announcement Date 2/9/22 A 2/8/23 A 2/7/24 A 2/5/25 A 2/4/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-35.94x32.51x950.21x - 33.77B
17.75x1.01x11.09x1.65% 19.29B
24.06x0.79x18.47x0.5% 11.01B
-1.53x2.45x10.05x-.--% 6.32B
44.71x - - - 3.13B
39.04x4.23x25.53x1.86% 3.18B
25.65x - - 0.34% 2.34B
Average 16.25x 8.20x 203.07x 0.87% 11.29B
Weighted average by Cap. -3.69x 15.70x 443.83x 1.05%

Y-o-Y evolution of P/E

Valuation ratios - P/E - CDW Corporation

Historical PBR trend

Valuation ratios - PBR - CDW Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - CDW Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - CDW Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - CDW Corporation