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 30,612 - -
Change - -33.56% -16.49% -39.83% 26.35% -17.05% - -
Enterprise Value (EV) 1 92,144 60,428 57,041 39,706 44,942 39,371 38,808 38,135
Change - -34.42% -5.61% -30.39% 13.19% -12.4% -1.43% -1.73%
P/E 27.7x 16.2x 16.4x 25.8x 510x 47.4x 27.2x 19.7x
PBR 6.57x 4.15x 3.22x 1.96x 2.51x 2.04x 1.93x 1.81x
PEG - 1.1x -1x -0.4x -5.4x 0x 0.4x 0.5x
Capitalization / Revenue 4.96x 2.86x 2.48x 1.7x 2.51x 2.08x 1.95x 1.82x
EV / Revenue 5.22x 2.97x 2.92x 2.31x 3.06x 2.67x 2.48x 2.27x
EV / EBITDA 14.2x 8.33x 8.68x 8.51x 12.2x 10.3x 9.16x 7.94x
EV / EBIT 18.4x 10.8x 12x 15.5x 27.6x 20.9x 16.4x 13.2x
EV / FCF 23.4x 18.8x 28.8x 28.4x 19.5x 20.6x 22.4x 20.2x
FCF Yield 4.28% 5.31% 3.48% 3.53% 5.12% 4.86% 4.46% 4.94%
Dividend per Share 2 12 14 14 6 3 3.395 4.958 6.59
Rate of return 1.7% 2.94% 3.51% 2.52% 1% 1.36% 1.99% 2.64%
EPS 2 25.49 29.31 24.37 9.24 0.59 5.269 9.184 12.65
Distribution rate 47.1% 47.8% 57.4% 64.9% 508% 64.4% 54% 52.1%
Net sales 1 17,645 20,351 19,566 17,194 14,675 14,725 15,675 16,791
EBITDA 1 6,470 7,255 6,569 4,667 3,675 3,836 4,237 4,806
EBIT 1 5,017 5,589 4,746 2,554 1,631 1,883 2,362 2,888
Net income 1 3,176 3,614 2,983 1,133 72 642.3 1,144 1,542
Net Debt 1 4,670 2,306 8,504 10,500 8,039 8,759 8,197 7,524
Reference price 2 706.90 475.50 399.00 238.25 301.00 249.65 249.65 249.65
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.($)
25.79x3.97x14.03x3.45% 203B
42.19x5.18x21.51x0.89% 136B
26.76x2.72x17.52x0.77% 73.75B
47.38x2.67x10.26x1.36% 35.48B
21.97x1.48x8.36x4.26% 28.51B
15.53x3.02x11.59x1.52% 24.55B
18.72x2.6x11.64x1.91% 23.39B
22.38x1.33x11.31x-.--% 16.15B
14.71x1.75x7.45x4.4% 10.4B
Average 26.16x 2.75x 12.63x 2.06% 61.24B
Weighted average by Cap. 30.10x 3.67x 15.40x 2.13%

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