TSCO · Tractor Supply Company

$31.212026-07-21

Sector: Consumer Cyclical; Industry: Specialty Retail; Sub-Industry: Other Specialty Retail

Intrinsic Value Range Comparison · Mulya.ai

Leases factored

Bull

$43

+37.0% vs market

Base · active

$36

+16.9% vs market

Bear

$34

+10.1% vs market

Mulya.ai vs Analyst IV Comparison?

Market $31

Bear $34

Base $36

Bull $43

Median $55

Market Price $31

Mulya.ai Base $36

Analysts Median $55

Mulya.ai IV range ($34 · $43)

Analysts Range ($32 · $63)

Fundamentals · historical + forward · base

italics = DCF projection

Period	Revenue	Rev Gr ?	Ops M% ?	Tax Rate ?	NOPAT ?	Reinvest ?	FCFF ?	WACC% ?	PV FCFF ?	ROIC ?	Inv. Cap ?	EPS ?	P/E
2024.Q1	$14.6B	—	11.8%	22.7%	$1.3B	−$3.7B	−$2.3B	5.8%	—	18.1%	$7.4B	$2.10	—
2024.Q4	$14.6B	0.0%	11.8%	22.1%	$1.3B	−$3.8B	−$2.5B	7.5%	—	17.9%	$7.6B	$2.10	—
2025.Q1	$14.9B	2.2%	11.5%	22.2%	$1.3B	−$3.9B	−$2.6B	6.7%	—	17.2%	$7.9B	$2.09	—
2025.Q4	$14.9B	0.0%	11.5%	21.6%	$1.3B	−$4.0B	−$2.6B	7.3%	—	16.9%	$8.0B	$2.09	—
2026.Q1	$15.6B	5.1%	10.8%	21.8%	$1.3B	−$4.0B	−$2.7B	6.3%	—	16.3%	$8.2B	$2.05	9.7
italics below = DCF projection · 10yr Rev CAGR: 5.1%
2027.Q1	$16.4B	+4.7%	10.9%	21.6%	$1.4B	−$3.8B	−$2.4B	7.3%	−$2.2B	13.9%	$12.0B	$2.28	13.7
2028.Q1	$17.3B	+5.8%	10.9%	21.5%	$1.5B	−$1.2B	$247MM	7.5%	$214MM	11.8%	$13.3B	$2.42	12.9
2029.Q1	$18.5B	+6.7%	10.9%	21.3%	$1.6B	−$875MM	$720MM	7.6%	$580MM	11.6%	$14.1B	$2.59	12.1
2030.Q1	$19.6B	+6.0%	10.9%	21.1%	$1.7B	−$1.6B	$55MM	7.7%	$41MM	11.3%	$15.8B	$2.75	11.3
2031.Q1	$20.6B	+5.3%	10.9%	20.9%	$1.8B	−$1.3B	$500MM	7.8%	$347MM	10.9%	$17.1B	$2.90	10.8

Term. Yr+	$26.9B	4.1%	14.4%	20.0%	$3.1B	−$966MM	$2.1B	8.6%	$22.0B	13.1%	—	—	—

Active scenario IV: $36 (+16.9% vs market)