Company Valuation: Kering

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 33,653 33,653 -
Change - 17.79% -33.56% -16.49% -39.83% 15.23% 0% -
Enterprise Value (EV) 1 80,337 92,144 60,428 57,041 39,706 44,942 42,843 42,383
Change - 14.7% -34.42% -5.61% -30.39% 13.19% -2.23% -1.07%
P/E ratio 34.6x 27.7x 16.2x 16.4x 25.8x 510x 46.3x 28.2x
PBR 6.28x 6.57x 4.15x 3.22x 1.96x 2.51x 2.23x 2.11x
PEG - 0.6x 1.1x -1x -0.4x -5.4x 3.8x 0.4x
Capitalization / Revenue 5.67x 4.96x 2.86x 2.48x 1.7x 2.51x 2.27x 2.13x
EV / Revenue 6.13x 5.22x 2.97x 2.92x 2.31x 3.06x 2.89x 2.68x
EV / EBITDA 17.6x 14.2x 8.33x 8.68x 8.51x 12.2x 11.1x 9.7x
EV / EBIT 25.6x 18.4x 10.8x 12x 15.5x 27.6x 22.4x 17.6x
EV / FCF 38.2x 23.4x 18.8x 28.8x 28.4x 19.5x 19.8x 21.8x
FCF Yield 2.62% 4.28% 5.31% 3.48% 3.53% 5.12% 5.05% 4.58%
Dividend per Share 2 8 12 14 14 6 3 3.745 5.234
Rate of return 1.35% 1.7% 2.94% 3.51% 2.52% 1% 1.36% 1.91%
EPS 2 17.2 25.49 29.31 24.37 9.24 0.59 5.931 9.721
Distribution rate 46.5% 47.1% 47.8% 57.4% 64.9% 508% 63.1% 53.8%
Net sales 1 13,100 17,645 20,351 19,566 17,194 14,675 14,837 15,819
EBITDA 1 4,574 6,470 7,255 6,569 4,667 3,675 3,852 4,371
EBIT 1 3,135 5,017 5,589 4,746 2,554 1,631 1,912 2,407
Net income 1 2,150 3,176 3,614 2,983 1,133 72 773.3 1,236
Net Debt 1 6,074 4,670 2,306 8,504 10,500 8,039 9,189 8,729
Reference price 2 594.40 706.90 475.50 399.00 238.25 274.45 274.45 274.45
Nbr of stocks (in thousands) 124,937 123,744 122,233 121,646 122,587 122,620 122,620 -
Announcement Date 17/02/21 17/02/22 15/02/23 08/02/24 11/02/25 10/02/26 - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
51.85x2.98x12x1.23% 39.37B
24.38x3.62x12.85x3.63% 195B
43.36x5.21x21.94x0.82% 130B
30.65x2.84x19.33x0.8% 72.45B
23.91x4.13x17.11x1.04% 30.9B
21x1.48x8.14x4.26% 29.75B
29.78x1.74x14.84x-.--% 21.26B
18.3x2.5x11.19x4.46% 20.68B
16.35x1.76x7.99x3.77% 11.55B
10.91x0.53x4.94x2.58% 9.63B
Average 27.05x 2.68x 13.03x 2.26% 56.01B
Weighted average by Cap. 30.91x 3.55x 15.50x 2.21%

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