Valuation Kering

Equities

Market Closed - Euronext Paris Other stock markets 16:55:00 10/12/2025 GMT			5-day change	1st Jan Change
288.80 ^EUR	+0.80%		-1.74%	+21.22%

12-09	Ray-Ban Meta glasses take off but face privacy and competition test	RE
12-09	European shares subdued with Fed meeting in focus; EssilorLuxottica falls	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	74,262	87,474	58,122	48,537	29,206	35,407	-	-
Change	-	17.79%	-33.56%	-16.49%	-39.83%	21.23%	-	-
Enterprise Value (EV) ¹	80,337	92,144	60,428	57,041	39,706	46,007	43,699	43,990
Change	-	14.7%	-34.42%	-5.61%	-30.39%	15.87%	-5.02%	0.67%
P/E ratio	34.6x	27.7x	16.2x	16.4x	25.8x	49.8x	36.2x	26x
PBR	6.28x	6.57x	4.15x	3.22x	1.96x	2.36x	2.25x	2.12x
PEG	-	0.6x	1.1x	-1x	-0.4x	-1.3x	1x	0.7x
Capitalization / Revenue	5.67x	4.96x	2.86x	2.48x	1.7x	2.37x	2.31x	2.15x
EV / Revenue	6.13x	5.22x	2.97x	2.92x	2.31x	3.08x	2.85x	2.67x
EV / EBITDA	17.6x	14.2x	8.33x	8.68x	8.51x	12.2x	10.6x	9.5x
EV / EBIT	25.6x	18.4x	10.8x	12x	15.5x	26.6x	20.6x	16.7x
EV / FCF	38.2x	23.4x	18.8x	28.8x	28.4x	25.2x	24.5x	22.8x
FCF Yield	2.62%	4.28%	5.31%	3.48%	3.53%	3.97%	4.09%	4.39%
Dividend per Share ²	8	12	14	14	6	3.423	4.395	6.163
Rate of return	1.35%	1.7%	2.94%	3.51%	2.52%	1.19%	1.52%	2.13%
EPS ²	17.2	25.49	29.31	24.37	9.24	5.799	7.971	11.11
Distribution rate	46.5%	47.1%	47.8%	57.4%	64.9%	59%	55.1%	55.5%
Net sales ¹	13,100	17,645	20,351	19,566	17,194	14,948	15,344	16,503
EBITDA ¹	4,574	6,470	7,255	6,569	4,667	3,763	4,111	4,631
EBIT ¹	3,135	5,017	5,589	4,746	2,554	1,728	2,118	2,636
Net income ¹	2,150	3,176	3,614	2,983	1,133	734.3	1,008	1,382
Net Debt ¹	6,074	4,670	2,306	8,504	10,500	10,599	8,292	8,583
Reference price ²	594.40	706.90	475.50	399.00	238.25	288.80	288.80	288.80
Nbr of stocks (in thousands)	124,937	123,744	122,233	121,646	122,587	122,601	-	-
Announcement Date	17/02/21	17/02/22	15/02/23	08/02/24	11/02/25	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
KERING	49.4x	3.06x	12.15x	1.19%	40.88B
INDITEX	27.47x	3.99x	14.41x	3.25%	197B
FAST RETAILING CO., LTD.	38.85x	4.33x	19.14x	0.93%	109B
ROSS STORES, INC.	27.38x	2.42x	17.28x	0.93%	57.57B
HENNES & MAURITZ AB	24.04x	1.46x	8.5x	4.02%	29.63B
TAPESTRY, INC.	21.65x	3.5x	15.2x	1.3%	24.19B
NEXT PLC	18.91x	2.59x	11.68x	4.26%	21.14B
BURLINGTON STORES, INC.	28.32x	1.52x	13.92x	-.--%	16.55B
THE GAP, INC.	12.17x	0.55x	5.21x	2.49%	9.73B
LPP SA	17.73x	1.61x	8x	3.86%	8.72B
Average	26.59x	2.50x	12.55x	2.22%	51.41B
Weighted average by Cap.	30.36x	3.40x	14.84x	2.22%