TRACTOR SUPPLY CO /DE/ (TSCO)
Retail-Building Materials, Hardware, Garden Supply
Latest Price
$30.77
TTM P/E
15.16
Normalized P/E
5.38
Div Yield
3.02%
Book Value
4.78
P/B Ratio
6.44
Valuation metrics
adjust assumptions →EPS: $2.06
Book value / share: $4.90
Formula: √(22.5 × EPS × BVPS)
Graham Number
$15.07
51% downside
Norm. op. income: $1.4B (median of 7yr)
Tax rate: 22%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$21.25
31% downside
Base FCF: $584M (median of recent 5yr)
Growth: 12%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$31.99
+4% upside
EPS: $2.06
Target P/E: 5×
Formula: EPS × P/E
P/E Fair Value
$10.30
67% downside
Institutional Ownership
88.5% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 45.34M | $2.05B | 8.63% | -816.3K | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 34.29M | $1.55B | 6.52% | -- | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 27.89M | $1.26B | 5.31% | -- | 2026-03-31 |
| STATE STREET CORP | 22.84M | $1.03B | 4.35% | -216.7K | 2026-03-31 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 21.80M | $987.0M | 4.15% | +16.75M | 2026-03-31 |
| Invesco Ltd. | 20.25M | $917.0M | 3.85% | +2.82M | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 16.36M | $739.0M | 3.11% | +489.7K | 2026-03-31 |
| Capital World Investors | 15.57M | $705.0M | 2.96% | +408.7K | 2026-03-31 |
| Select Equity Group, L.P. | 13.30M | $602.0M | 2.53% | +751.9K | 2026-03-31 |
| Capital International Investors | 12.25M | $555.0M | 2.33% | -12.02M | 2026-03-31 |