FMP
Target Corporation
TGT
NYSE
Target Corporation operates as a general merchandise retailer in the United States. The company offers food assortments, including perishables, dry grocery, dairy, and frozen items; apparel, accessories, home décor products, electronics, toys, seasonal offerings, food, and other merchandise; and beauty and household essentials. It also provides in-store amenities, such as Target Café, Target Optical, Starbucks, and other food service offerings. The company sells its products through its stores; and digital channels, including Target.com. As of March 09, 2022, the company operated approximately 2,000 stores. Target Corporation was incorporated in 1902 and is headquartered in Minneapolis, Minnesota.
97.37 USD
1.4 (1.44%)
Operating Data
Year
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
Revenue
93.56B
106B
109.12B
107.41B
106.57B
110.27B
114.09B
118.05B
122.15B
126.39B
Revenue %
-
13.3
2.94
-1.57
-0.79
3.47
3.47
3.47
3.47
Ebitda
9.09B
11.97B
6.66B
8.62B
5.57B
8.9B
9.21B
9.53B
9.86B
10.2B
Ebitda %
9.72
11.29
6.1
8.03
5.22
8.07
8.07
8.07
8.07
Ebit
6.61B
9.33B
3.96B
5.82B
5.67B
6.67B
6.9B
7.14B
7.39B
7.64B
Ebit %
7.06
8.8
3.63
5.42
5.32
6.05
6.05
6.05
6.05
Depreciation
2.48B
2.64B
2.7B
2.8B
-106M
2.23B
2.31B
2.39B
2.48B
2.56B
Depreciation %
2.66
2.49
2.47
2.61
-0.1
2.03
2.03
2.03
2.03
Balance Sheet
Year
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
Total Cash
8.51B
5.93B
2.23B
3.81B
4.76B
5.46B
5.65B
5.84B
6.04B
6.25B
Total Cash %
9.1
5.59
2.04
3.54
4.47
4.95
4.95
4.95
4.95
Receivables
631M
1.35B
1.17B
1.4B
1.54B
1.27B
1.32B
1.36B
1.41B
1.46B
Receivables %
0.67
1.28
1.07
1.31
1.45
1.16
1.16
1.16
1.16
Inventories
10.65B
13.9B
13.5B
11.89B
12.74B
13.21B
13.67B
14.14B
14.63B
15.14B
Inventories %
11.39
13.11
12.37
11.07
11.96
11.98
11.98
11.98
11.98
Payable
12.86B
15.48B
13.49B
12.1B
13.05B
14.16B
14.65B
15.16B
15.69B
16.23B
Payable %
13.74
14.6
12.36
11.26
12.25
12.84
12.84
12.84
12.84
Cap Ex
-2.65B
-3.54B
-5.53B
-4.81B
-
-3.47B
-3.59B
-3.71B
-3.84B
-3.97B
Cap Ex %
-2.83
-3.34
-5.07
-4.47
-
-3.14
-3.14
-3.14
-3.14
Weighted Average Cost Of Capital
Price
97.37
Beta
Diluted Shares Outstanding
461.8M
Costof Debt
3.92
Tax Rate
After Tax Cost Of Debt
3.05
Risk Free Rate
Market Risk Premium
Cost Of Equity
Total Debt
19.88B
Total Equity
44.97B
Total Capital
64.84B
Debt Weighting
30.65
Equity Weighting
69.35
Wacc
7.86
Build Up Free Cash Flow
Year
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
Revenue
93.56B
106B
109.12B
107.41B
106.57B
110.27B
114.09B
118.05B
122.15B
126.39B
Ebitda
9.09B
11.97B
6.66B
8.62B
5.57B
8.9B
9.21B
9.53B
9.86B
10.2B
Ebit
6.61B
9.33B
3.96B
5.82B
5.67B
6.67B
6.9B
7.14B
7.39B
7.64B
Tax Rate
22.24
22.24
22.24
22.24
22.24
22.24
22.24
22.24
22.24
22.24
Ebiat
5.2B
7.27B
3.22B
4.55B
4.41B
5.25B
5.44B
5.62B
5.82B
6.02B
Depreciation
2.48B
2.64B
2.7B
2.8B
-106M
2.23B
2.31B
2.39B
2.48B
2.56B
Receivables
631M
1.35B
1.17B
1.4B
1.54B
1.27B
1.32B
1.36B
1.41B
1.46B
Inventories
10.65B
13.9B
13.5B
11.89B
12.74B
13.21B
13.67B
14.14B
14.63B
15.14B
Payable
12.86B
15.48B
13.49B
12.1B
13.05B
14.16B
14.65B
15.16B
15.69B
16.23B
Cap Ex
-2.65B
-3.54B
-5.53B
-4.81B
-
-3.47B
-3.59B
-3.71B
-3.84B
-3.97B
Ufcf
6.62B
5.02B
-1.01B
2.53B
4.27B
4.93B
4.15B
4.29B
4.44B
4.6B
Wacc
7.86
7.86
7.86
7.86
7.86
Pv Ufcf
4.57B
3.57B
3.42B
3.28B
3.15B
Sum Pv Ufcf
17.99B
Terminal Value
Growth In Perpetuity Method
Long Term Growth Rate
Wacc
7.86
Free Cash Flow T1
4.74B
Terminal Value
97.36B
Present Terminal Value
66.68B
Intrinsic Value
Enterprise Value
84.67B
Net Debt
15.11B
Equity Value
69.56B
Diluted Shares Outstanding
461.8M
Equity Value Per Share
150.62
Projected DCF
150.62 0.354%
