Stock Analysis on Net

Sysco Corp. (NYSE:SYY)

$22.49

This company has been moved to the archive! The financial data has not been updated since August 28, 2024.

Price to Sales (P/S)
since 2005

Microsoft Excel

Calculation

Sysco Corp., P/S, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2024-06-29), 10-K (reporting date: 2023-07-01), 10-K (reporting date: 2022-07-02), 10-K (reporting date: 2021-07-03), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-07-01), 10-K (reporting date: 2016-07-02), 10-K (reporting date: 2015-06-27), 10-K (reporting date: 2014-06-28), 10-K (reporting date: 2013-06-29), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-07-02), 10-K (reporting date: 2010-07-03), 10-K (reporting date: 2009-06-27), 10-K (reporting date: 2008-06-28), 10-K (reporting date: 2007-06-30), 10-K (reporting date: 2006-07-01), 10-K (reporting date: 2005-07-02).

1 US$

2 Data adjusted for splits and stock dividends.

3 Closing price as at the filing date of Sysco Corp. Annual Report.


Share Price
The share price exhibited initial stability from 2005 through 2008, fluctuating slightly around the low 30s. A noticeable decline occurred in 2009, reaching a low of 25.33 USD, likely influenced by broader market conditions. From 2010 onwards, the price recovered gradually, reaching significant growth in 2016 and peaking near 74.54 USD in 2018. After a downturn in 2020 to 57.5 USD, possibly reflecting external disruptions, the share price rebounded sharply by 2022, hitting 83.63 USD, before tapering slightly in 2023 and rising moderately again in 2024 to 76.67 USD.
Sales per Share
Sales per share demonstrated consistent growth over the entire period. Beginning at 48.3 USD in 2005, the figure rose steadily each year, with a mild slowdown between 2019 and 2020, declining from 117.14 USD to 104.01 USD. This dip might correspond to market or operational challenges during that interval. After 2020, a strong recovery trend resumed, culminating in a peak of 160.41 USD by 2024, indicating sustained expansion of sales relative to shares outstanding.
Price to Sales (P/S) Ratio
The P/S ratio decreased from 0.67 in 2005 to a low of 0.41 in 2009, reflecting either a drop in share price relative to sales or rising sales not fully reflected in market valuation. Subsequently, the ratio showed some volatility but generally trended upward, peaking at 0.79 in 2021. After 2021, the ratio trended downward, reaching 0.46 in 2023 and slightly rising to 0.48 in 2024. The fluctuations suggest changes in market valuation relative to sales, with periods of increased investor confidence followed by valuation normalization.
Summary
Overall, the data shows steady growth in sales per share across the time frame, indicating an expanding business or improving efficiency. Share price movements indicate sensitivity to broader market conditions and possibly company-specific events, with notable volatility around economic downturns such as 2009 and 2020. The P/S ratio's variability reflects changing market perceptions and valuation dynamics, with periods of undervaluation and overvaluation relative to sales trends. The combination of these trends suggests a company with growing sales strength, periodically impacted by external factors affecting market price levels.

Comparison to Competitors


Comparison to Sector (Consumer Staples Distribution & Retail)

Sysco Corp., P/S, long-term trends, comparison to sector (consumer staples distribution & retail)

Microsoft Excel

Based on: 10-K (reporting date: 2024-06-29), 10-K (reporting date: 2023-07-01), 10-K (reporting date: 2022-07-02), 10-K (reporting date: 2021-07-03), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-07-01), 10-K (reporting date: 2016-07-02), 10-K (reporting date: 2015-06-27), 10-K (reporting date: 2014-06-28), 10-K (reporting date: 2013-06-29), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-07-02), 10-K (reporting date: 2010-07-03), 10-K (reporting date: 2009-06-27), 10-K (reporting date: 2008-06-28), 10-K (reporting date: 2007-06-30), 10-K (reporting date: 2006-07-01), 10-K (reporting date: 2005-07-02).


Comparison to Industry (Consumer Staples)