Company Valuation: Kenvue Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025 2026 2027 2028
Capitalization 1 41,115 41,279 32,933 32,851 - -
Change - 0.4% -20.22% -0.25% - -
Enterprise Value (EV) 1 48,015 48,779 40,433 40,257 39,661 38,965
Change - 1.59% -17.11% -0.43% -1.48% -1.75%
P/E ratio 23.9x 39.9x 22.6x 18x 16x 15x
PBR 3.67x 4.26x - 3.07x 2.9x 2.69x
PEG - -1x 0.6x 0.7x 1.3x 2.24x
Capitalization / Revenue 2.66x 2.67x 2.18x 2.1x 2.05x 1.98x
EV / Revenue 3.11x 3.16x 2.67x 2.58x 2.48x 2.35x
EV / EBITDA 13x 13.3x 11.8x 10.7x 10x 9.43x
EV / EBIT 13.9x 14.7x 12.7x 11.5x 10.9x 10.2x
EV / FCF 17.8x 37.5x - 18.4x 16.1x 15x
FCF Yield 5.62% 2.67% - 5.42% 6.21% 6.65%
Dividend per Share 2 0.4 0.81 - 0.8484 0.8675 0.8753
Rate of return 1.86% 3.76% - 4.96% 5.07% 5.12%
EPS 2 0.9 0.54 0.76 0.9531 1.07 1.141
Distribution rate 44.4% 150% - 89% 81.1% 76.7%
Net sales 1 15,444 15,455 15,124 15,626 16,024 16,550
EBITDA 1 3,697 3,660 3,437 3,772 3,949 4,132
EBIT 1 3,457 3,328 3,173 3,512 3,643 3,806
Net income 1 1,664 1,030 1,470 1,843 2,065 2,222
Net Debt 1 6,900 7,500 7,500 7,406 6,810 6,114
Reference price 2 21.47 21.53 17.19 17.11 17.11 17.11
Nbr of stocks (in thousands) 1,914,995 1,917,257 1,915,802 1,920,009 - -
Announcement Date 08/02/24 06/02/25 17/02/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.95x2.58x10.67x4.96% 32.85B
20.9x4.06x14.89x3.01% 330B
15.92x2.5x11.01x3.91% 122B
23.7x3.6x15.12x2.39% 70.52B
51.12x9.04x38.91x2.09% 61.21B
76.69x2.37x14.39x1.75% 29.04B
13.98x1.45x8.1x3.7% 18.22B
16.26x1.13x6.75x1.45% 17.79B
50.63x7.05x34.55x1.27% 11.08B
28.2x5.37x20.26x1.06% 10.1B
Average 31.53x 3.91x 17.47x 2.56% 70.25B
Weighted average by Cap. 25.39x 3.96x 16.12x 2.99%

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