Company Valuation: Kering

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 87,474 58,122 48,537 29,206 36,903 27,387 - -
Change - -33.56% -16.49% -39.83% 26.35% -25.79% - -
Enterprise Value (EV) 1 92,144 60,428 57,041 39,706 44,942 36,173 35,604 34,910
Change - -34.42% -5.61% -30.39% 13.19% -19.51% -1.57% -1.95%
P/E 27.7x 16.2x 16.4x 25.8x 510x 43.6x 24.6x 17.9x
PBR 6.57x 4.15x 3.22x 1.96x 2.51x 1.83x 1.73x 1.62x
PEG - 1.1x -1x -0.4x -5.4x 0x 0.3x 0.5x
Capitalization / Revenue 4.96x 2.86x 2.48x 1.7x 2.51x 1.86x 1.75x 1.64x
EV / Revenue 5.22x 2.97x 2.92x 2.31x 3.06x 2.46x 2.28x 2.09x
EV / EBITDA 14.2x 8.33x 8.68x 8.51x 12.2x 9.4x 8.41x 7.3x
EV / EBIT 18.4x 10.8x 12x 15.5x 27.6x 19.1x 15.1x 12.2x
EV / FCF 23.4x 18.8x 28.8x 28.4x 19.5x 19.2x 21.7x 18.1x
FCF Yield 4.28% 5.31% 3.48% 3.53% 5.12% 5.21% 4.61% 5.52%
Dividend per Share 2 12 14 14 6 3 3.394 4.938 6.536
Rate of return 1.7% 2.94% 3.51% 2.52% 1% 1.52% 2.21% 2.93%
EPS 2 25.49 29.31 24.37 9.24 0.59 5.125 9.087 12.45
Distribution rate 47.1% 47.8% 57.4% 64.9% 508% 66.2% 54.3% 52.5%
Net sales 1 17,645 20,351 19,566 17,194 14,675 14,697 15,630 16,725
EBITDA 1 6,470 7,255 6,569 4,667 3,675 3,850 4,233 4,782
EBIT 1 5,017 5,589 4,746 2,554 1,631 1,890 2,355 2,863
Net income 1 3,176 3,614 2,983 1,133 72 650 1,127 1,511
Net Debt 1 4,670 2,306 8,504 10,500 8,039 8,787 8,218 7,524
Reference price 2 706.90 475.50 399.00 238.25 301.00 223.35 223.35 223.35
Nbr of stocks (in thousands) 123,744 122,233 121,646 122,587 122,601 122,618 - -
Announcement Date 17/02/22 15/02/23 08/02/24 11/02/25 10/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.43x3.71x13.22x3.65% 187B
40.7x4.99x20.67x0.92% 131B
27.29x2.78x17.89x0.76% 75.2B
44.05x2.48x9.47x1.5% 31.47B
20.75x1.41x8x4.52% 26.13B
14.17x2.77x10.64x1.66% 22.36B
17.62x2.47x11.1x2.12% 21.73B
22.19x1.32x11.27x-.--% 16.01B
15.71x1.99x8.29x4.37% 11.88B
Average 25.21x 2.66x 12.28x 2.17% 58.13B
Weighted average by Cap. 28.93x 3.51x 14.90x 2.22%

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