Company Valuation: Carrefour

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 12,343 12,040 11,582 9,105 10,050 11,608 - -
Change - -2.46% -3.81% -21.39% 10.38% 15.5% - -
Enterprise Value (EV) 1 19,538 20,911 19,681 18,428 19,463 20,029 19,504 18,848
Change - 7.03% -5.88% -6.37% 5.62% 2.91% -2.62% -3.36%
P/E 11.8x 8.69x 7.13x 13.6x 30.5x 11.6x 9.74x 9.34x
PBR 1.22x 1.04x 0.99x 0.82x 0.92x 1.04x 0.99x 0.94x
PEG - 0.3x 0.2x -0.2x -0.6x 0x 0.5x 2.14x
Capitalization / Revenue 0.17x 0.15x 0.14x 0.11x 0.12x 0.14x 0.14x 0.14x
EV / Revenue 0.27x 0.26x 0.24x 0.22x 0.24x 0.24x 0.23x 0.22x
EV / EBITDA 4.29x 4.53x 4.32x 3.97x 4.32x 4.43x 4.12x 3.79x
EV / EBIT 8.6x 8.8x 8.69x 8.33x 9.02x 8.63x 7.86x 7.2x
EV / FCF 9.73x 8.95x 12.1x 12.6x 8.03x 11.3x 16.8x 17.1x
FCF Yield 10.3% 11.2% 8.24% 7.91% 12.5% 8.87% 5.97% 5.86%
Dividend per Share 2 0.52 0.56 0.87 0.92 0.97 1.041 1.068 1.111
Rate of return 3.23% 3.58% 5.25% 6.7% 6.82% 6.35% 6.51% 6.77%
EPS 2 1.362 1.8 2.324 1.013 0.4671 1.414 1.683 1.757
Distribution rate 38.2% 31.1% 37.4% 90.9% 208% 73.6% 63.5% 63.2%
Net sales 1 72,958 81,385 83,270 85,445 82,102 82,020 83,545 85,689
EBITDA 1 4,550 4,613 4,559 4,637 4,506 4,526 4,732 4,968
EBIT 1 2,272 2,377 2,264 2,213 2,158 2,320 2,481 2,619
Net income 1 1,072 1,348 1,659 723 319 1,022 1,187 1,218
Net Debt 1 7,195 8,871 8,099 9,323 9,413 8,421 7,896 7,240
Reference price 2 16.10 15.64 16.56 13.73 14.23 16.40 16.40 16.40
Nbr of stocks (in thousands) 766,438 769,845 699,183 663,135 706,234 707,563 - -
Announcement Date 16/02/22 14/02/23 20/02/24 19/02/25 17/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.6x0.24x4.43x6.35% 13.49B
19.72x0.86x5.8x6.39% 37.25B
17.04x0.6x6.84x2.91% 28.02B
35.32x1.46x18.19x0.34% 27.98B
69.1x3.06x40.06x-.--% 26.04B
26.98x0.84x9.01x3.56% 22.85B
16.9x0.4x5.75x3.63% 13.31B
7.28x1.62x5.51x2.8% 10.9B
20.88x0.8x8.79x2.73% 10.7B
19.52x0.94x9.32x4.17% 10.39B
Average 24.43x 1.08x 11.37x 3.29% 20.09B
Weighted average by Cap. 27.39x 1.16x 12.71x 3.22%

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

  1. Stock Market
  2. Stocks
  3. CA Stock
  4. Valuation Carrefour