Company Valuation: Accor

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,346 6,005 9,000 11,235 11,316 10,417 - -
Change - -18.26% 49.87% 24.84% 0.72% -7.94% - -
Enterprise Value (EV) 1 9,190 7,663 11,074 13,730 14,380 13,413 13,436 13,327
Change - -16.62% 44.51% 23.99% 4.73% -6.72% 0.17% -0.81%
P/E 150x 16.8x 15.6x 20.2x 30x 20.5x 17.4x 15.2x
PBR 1.82x 1.41x 2.26x 2.3x 2.69x 2.72x 2.73x 2.8x
PEG - 0x 0.3x 4.08x -1x 0.5x 1x 1x
Capitalization / Revenue 3.33x 1.42x 1.78x 2x 2.01x 1.79x 1.67x 1.58x
EV / Revenue 4.17x 1.81x 2.19x 2.45x 2.55x 2.3x 2.16x 2.02x
EV / EBITDA 418x 11.4x 11x 12.3x 12x 10.6x 9.61x 8.77x
EV / EBIT -40.3x 17.1x 15.3x 17.5x 17.8x 14.4x 12.8x 11.5x
EV / FCF -15.6x 19.2x 27.8x 31.2x 23.5x 20.1x 18.1x 16.3x
FCF Yield -6.4% 5.22% 3.59% 3.2% 4.26% 4.98% 5.52% 6.15%
Dividend per Share 2 - 0.71 1.05 1.18 1.26 1.457 1.659 1.843
Rate of return - 3.04% 3.03% 2.51% 2.61% 3.15% 3.58% 3.98%
EPS 2 0.19 1.39 2.22 2.33 1.61 2.26 2.654 3.046
Distribution rate - 51.1% 47.3% 50.6% 78.3% 64.5% 62.5% 60.5%
Net sales 1 2,204 4,224 5,056 5,606 5,639 5,824 6,222 6,602
EBITDA 1 22 675 1,003 1,120 1,201 1,270 1,398 1,519
EBIT 1 -228 447 723 786 807 930.1 1,048 1,156
Net income 1 85 402 633 610 449 543.7 617.7 692.3
Net Debt 1 1,844 1,658 2,074 2,495 3,064 2,996 3,019 2,910
Reference price 2 28.45 23.35 34.60 47.04 48.22 46.31 46.31 46.31
Nbr of stocks (in thousands) 258,225 257,174 260,110 238,847 234,673 224,944 - -
Announcement Date 24/02/22 23/02/23 22/02/24 20/02/25 19/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
32.64x4.07x19.03x0.78% 96.11B
38.41x6.55x21.1x0.19% 72.89B
26.52x10.06x18.11x1.36% 22.66B
58.99x2.9x17.64x0.33% 17.29B
45.28x9.01x26.34x0.47% 10.65B
10.27x1.9x7.38x3.31% 4.5B
13.15x1.32x4.96x3.22% 3.71B
11.27x1.4x6.42x-.--% 3.81B
32.59x6.93x19.85x0.8% 3.48B
Average 29.90x 4.90x 15.65x 1.16% 26.12B
Weighted average by Cap. 35.26x 5.47x 19.18x 0.68%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield