Company Valuation: Estee Lauder

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 91,006 70,189 38,151 29,068 28,564 34,588 - -
Change - -22.87% -45.64% -23.81% -1.73% 21.09% - -
Enterprise Value (EV) 1 92,461 74,274 42,527 33,464 32,372 39,957 39,351 38,465
Change - -19.67% -42.74% -21.31% -3.26% 23.43% -1.52% -2.25%
P/E 38.9x 70.4x 98.5x -25.7x 158x 32.2x 25.1x 21.8x
PBR 16.6x 12.7x 7.22x 7.53x 7.53x 8.03x 7.1x 6.39x
PEG - -1.2x -1.6x 0x -1x 0x 0.9x 1.5x
Capitalization / Revenue 5.13x 4.4x 2.44x 2.03x 1.9x 2.2x 2.11x 2.02x
EV / Revenue 5.21x 4.66x 2.72x 2.34x 2.15x 2.55x 2.4x 2.25x
EV / EBITDA 21.9x 28.9x 17.6x 16.9x 13x 14.1x 12.3x 11.1x
EV / EBIT 26.4x 40.7x 26.8x 29.2x 19.2x 19.4x 16.6x 14.6x
EV / FCF 46.2x 102x 29.5x 49.9x 24.6x 44.2x 24.7x 22x
FCF Yield 2.16% 0.98% 3.39% 2% 4.07% 2.26% 4.06% 4.54%
Dividend per Share 2 2.33 2.58 2.64 1.71 1.4 1.598 1.726 1.943
Rate of return 0.91% 1.31% 2.48% 2.12% 1.77% 1.67% 1.81% 2.03%
EPS 2 6.55 2.79 1.08 -3.15 0.5 2.965 3.815 4.38
Distribution rate 35.6% 92.5% 244% -54.3% 280% 53.9% 45.2% 44.4%
Net sales 1 17,741 15,937 15,609 14,323 15,049 15,696 16,374 17,131
EBITDA 1 4,227 2,567 2,413 1,975 2,483 2,827 3,211 3,471
EBIT 1 3,500 1,823 1,588 1,146 1,687 2,064 2,369 2,630
Net income 1 2,390 1,006 390 -1,133 182 1,101 1,394 1,542
Net Debt 1 1,455 4,085 4,376 4,396 3,808 5,369 4,763 3,877
Reference price 2 254.67 196.38 106.40 80.80 78.95 95.60 95.60 95.60
Nbr of stocks (in thousands) 357,347 357,413 358,564 359,752 361,795 361,799 - -
Announcement Date 18/08/22 18/08/23 19/08/24 20/08/25 19/08/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
32.24x2.55x14.13x1.67% 34.59B
21.6x4.12x15.08x2.99% 341B
18.28x2.72x11.98x3.53% 134B
23.67x3.56x14.94x2.44% 69.37B
40.79x6.55x28.42x2.29% 48.05B
18.78x2.65x11.05x4.73% 34.25B
22.2x1.62x10.34x2.27% 20.04B
19.69x1.25x8.18x1.33% 18.79B
15.29x1.47x8.47x3.48% 18.28B
37.28x5.24x25.74x1.94% 9.21B
Average 24.98x 3.17x 14.83x 2.67% 72.84B
Weighted average by Cap. 22.83x 3.63x 14.80x 2.95%

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

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