Market Closed -
Euronext Paris
16:35:15 31/05/2024 BST
|
5-day change
|
1st Jan Change
|
2,176
EUR
|
+0.23%
|
|
-0.18%
|
+13.40%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
69,444
|
92,007
|
160,733
|
151,055
|
200,590
|
227,897
|
-
|
-
|
Enterprise Value (EV)
1 |
65,109
|
87,290
|
154,062
|
141,867
|
192,025
|
216,691
|
213,830
|
210,961
|
P/E ratio
|
45.8
x
|
66.6
x
|
65.9
x
|
45
x
|
46.7
x
|
48.6
x
|
43.1
x
|
38.9
x
|
Yield
|
0.75%
|
0.52%
|
0.52%
|
0.9%
|
1.3%
|
0.8%
|
0.97%
|
1.01%
|
Capitalization / Revenue
|
10.1
x
|
14.4
x
|
17.9
x
|
13
x
|
14.9
x
|
15
x
|
13.4
x
|
12.1
x
|
EV / Revenue
|
9.46
x
|
13.7
x
|
17.2
x
|
12.2
x
|
14.3
x
|
14.3
x
|
12.6
x
|
11.2
x
|
EV / EBITDA
|
25.3
x
|
38.8
x
|
40.1
x
|
26.7
x
|
29.9
x
|
30.7
x
|
26.9
x
|
23.8
x
|
EV / FCF
|
40.5
x
|
73.1
x
|
53.6
x
|
38.7
x
|
55.4
x
|
46.8
x
|
42.3
x
|
38.6
x
|
FCF Yield
|
2.47%
|
1.37%
|
1.86%
|
2.58%
|
1.81%
|
2.14%
|
2.37%
|
2.59%
|
Price to Book
|
10.7
x
|
12.6
x
|
17.3
x
|
12.1
x
|
13.2
x
|
13.1
x
|
11.1
x
|
9.31
x
|
Nbr of stocks (in thousands)
|
104,238
|
104,601
|
104,644
|
104,536
|
104,539
|
104,732
|
-
|
-
|
Reference price
2 |
666.2
|
879.6
|
1,536
|
1,445
|
1,919
|
2,176
|
2,176
|
2,176
|
Announcement Date
|
26/02/20
|
19/02/21
|
18/02/22
|
17/02/23
|
09/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
6,883
|
6,390
|
8,982
|
11,602
|
13,427
|
15,194
|
16,949
|
18,761
|
EBITDA
1 |
2,575
|
2,252
|
3,842
|
5,304
|
6,422
|
7,068
|
7,952
|
8,868
|
EBIT
1 |
2,339
|
1,981
|
3,530
|
4,697
|
5,650
|
6,307
|
7,110
|
7,916
|
Operating Margin
|
33.98%
|
31.01%
|
39.3%
|
40.48%
|
42.08%
|
41.51%
|
41.95%
|
42.19%
|
Earnings before Tax (EBT)
1 |
2,270
|
1,986
|
3,435
|
4,635
|
5,840
|
6,450
|
7,181
|
7,951
|
Net income
1 |
1,528
|
1,390
|
2,445
|
3,367
|
4,311
|
4,690
|
5,270
|
5,833
|
Net margin
|
22.2%
|
21.75%
|
27.22%
|
29.02%
|
32.11%
|
30.87%
|
31.09%
|
31.09%
|
EPS
2 |
14.55
|
13.21
|
23.30
|
32.09
|
41.12
|
44.80
|
50.45
|
55.93
|
Free Cash Flow
1 |
1,609
|
1,194
|
2,873
|
3,666
|
3,469
|
4,630
|
5,059
|
5,460
|
FCF margin
|
23.38%
|
18.69%
|
31.99%
|
31.6%
|
25.84%
|
30.47%
|
29.85%
|
29.1%
|
FCF Conversion (EBITDA)
|
62.49%
|
53.01%
|
74.78%
|
69.12%
|
54.02%
|
65.5%
|
63.62%
|
61.56%
|
FCF Conversion (Net income)
|
105.31%
|
85.9%
|
117.51%
|
108.88%
|
80.47%
|
98.71%
|
95.99%
|
93.6%
|
Dividend per Share
2 |
5.000
|
4.550
|
8.000
|
13.00
|
25.00
|
17.33
|
21.17
|
22.03
|
Announcement Date
|
26/02/20
|
19/02/21
|
18/02/22
|
17/02/23
|
09/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q3
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
---|
Net sales
1 |
3,599
|
2,488
|
3,902
|
4,235
|
2,367
|
2,380
|
4,235
|
2,765
|
2,710
|
5,475
|
3,136
|
2,991
|
6,127
|
3,380
|
3,318
|
6,698
|
3,365
|
3,364
|
6,729
|
3,805
|
3,646
|
7,528
|
3,734
|
3,805
|
7,668
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
2,591
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
1,195
|
535
|
1,446
|
1,722
|
-
|
-
|
1,722
|
-
|
-
|
2,304
|
-
|
-
|
2,393
|
-
|
-1,750
|
2,947
|
-
|
-
|
2,703
|
-
|
-
|
3,160
|
-
|
-
|
2,901
|
Operating Margin
|
33.2%
|
21.5%
|
37.07%
|
40.66%
|
-
|
-
|
40.66%
|
-
|
-
|
42.08%
|
-
|
-
|
39.06%
|
-
|
-52.74%
|
44%
|
-
|
-
|
40.17%
|
-
|
-
|
41.98%
|
-
|
-
|
37.83%
|
Earnings before Tax (EBT)
|
1,143
|
491.3
|
1,495
|
-
|
-
|
-
|
1,760
|
-
|
-
|
2,270
|
-
|
-
|
2,365
|
-
|
-
|
3,021
|
-
|
-
|
2,819
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
773.9
|
335
|
1,050
|
1,174
|
-
|
-
|
1,174
|
-
|
-
|
1,641
|
-
|
-
|
1,726
|
-
|
-
|
2,226
|
-
|
-
|
2,085
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
21.5%
|
13.46%
|
26.92%
|
27.72%
|
-
|
-
|
27.72%
|
-
|
-
|
29.97%
|
-
|
-
|
28.17%
|
-
|
-
|
33.23%
|
-
|
-
|
30.99%
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
7.360
|
3.200
|
10.01
|
11.19
|
-
|
-
|
12.11
|
-
|
-
|
15.64
|
-
|
-
|
16.45
|
-
|
-
|
21.26
|
-
|
-
|
19.86
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
26/02/20
|
30/07/20
|
19/02/21
|
30/07/21
|
21/10/21
|
18/02/22
|
18/02/22
|
14/04/22
|
29/07/22
|
29/07/22
|
20/10/22
|
17/02/23
|
17/02/23
|
14/04/23
|
28/07/23
|
28/07/23
|
24/10/23
|
09/02/24
|
09/02/24
|
25/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
4,334
|
4,717
|
6,671
|
9,188
|
8,565
|
11,207
|
14,067
|
16,936
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
1,609
|
1,194
|
2,873
|
3,666
|
3,469
|
4,630
|
5,059
|
5,460
|
ROE (net income / shareholders' equity)
|
25.4%
|
19.9%
|
29.1%
|
30.8%
|
31.2%
|
28.6%
|
27.3%
|
25.6%
|
ROA (Net income/ Total Assets)
|
16.7%
|
13.2%
|
19.6%
|
21.5%
|
22.7%
|
21.1%
|
21%
|
20.2%
|
Assets
1 |
9,166
|
10,501
|
12,449
|
15,653
|
18,953
|
22,209
|
25,062
|
28,826
|
Book Value Per Share
2 |
62.50
|
69.90
|
89.00
|
119.0
|
145.0
|
166.0
|
197.0
|
234.0
|
Cash Flow per Share
2 |
19.90
|
15.70
|
32.40
|
39.90
|
41.30
|
49.30
|
54.60
|
56.70
|
Capex
1 |
478
|
448
|
532
|
518
|
859
|
802
|
805
|
816
|
Capex / Sales
|
6.94%
|
7.02%
|
5.92%
|
4.46%
|
6.4%
|
5.28%
|
4.75%
|
4.35%
|
Announcement Date
|
26/02/20
|
19/02/21
|
18/02/22
|
17/02/23
|
09/02/24
|
-
|
-
|
-
|
Last Close Price
2,176
EUR Average target price
2,359
EUR Spread / Average Target +8.41% Consensus |
1st Jan change
|
Capi.
|
---|
| +13.40% | 247B | | +1.04% | 1.15B | | -18.56% | 827M | | +49.49% | 721M | | +5.97% | 251M | | +17.14% | 250M | | -2.90% | 95.96M | | -16.61% | 84.95M | | -33.48% | 79.42M | | -31.46% | 75.25M |
Handbags & Luggage
|