Valuation Kering Berne S.E.

Stocks

Delayed Berne S.E. Other stock markets			5-day change	1st Jan Change
- ^CHF	-.--%		-.--%	-

08-07	Luxury: when Chinese consumers choose face cream over a bag
08-06	Powered by Hermès, Paris reaches uncharted highs

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	35,149	-	-
Change	-	-33.56%	-16.49%	-39.83%	26.35%	-4.75%	-	-
Enterprise Value (EV) ¹	92,144	60,428	57,041	39,706	44,942	43,908	43,345	42,672
Change	-	-34.42%	-5.61%	-30.39%	13.19%	-2.3%	-1.28%	-1.55%
P/E	27.7x	16.2x	16.4x	25.8x	510x	53.7x	31.1x	22.7x
PBR	6.57x	4.15x	3.22x	1.96x	2.51x	2.34x	2.22x	2.08x
PEG	-	1.1x	-1x	-0.4x	-5.4x	0x	0.4x	0.6x
Capitalization / Revenue	4.96x	2.86x	2.48x	1.7x	2.51x	2.38x	2.24x	2.09x
EV / Revenue	5.22x	2.97x	2.92x	2.31x	3.06x	2.97x	2.76x	2.54x
EV / EBITDA	14.2x	8.33x	8.68x	8.51x	12.2x	11.5x	10.2x	8.88x
EV / EBIT	18.4x	10.8x	12x	15.5x	27.6x	23.4x	18.4x	14.8x
EV / FCF	23.4x	18.8x	28.8x	28.4x	19.5x	22.9x	25x	22.6x
FCF Yield	4.28%	5.31%	3.48%	3.53%	5.12%	4.36%	4%	4.42%
Dividend per Share ²	12	14	14	6	3	3.401	4.946	6.564
Rate of return	1.7%	2.94%	3.51%	2.52%	1%	1.19%	1.73%	2.29%
EPS ²	25.49	29.31	24.37	9.24	0.59	5.337	9.215	12.63
Distribution rate	47.1%	47.8%	57.4%	64.9%	508%	63.7%	53.7%	52%
Net sales ¹	17,645	20,351	19,566	17,194	14,675	14,776	15,692	16,804
EBITDA ¹	6,470	7,255	6,569	4,667	3,675	3,830	4,231	4,806
EBIT ¹	5,017	5,589	4,746	2,554	1,631	1,877	2,351	2,880
Net income ¹	3,176	3,614	2,983	1,133	72	646.5	1,152	1,543
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	286.65	286.65	286.65
Nbr of stocks (in thousands)	123,744	122,233	121,646	122,587	122,601	122,618	-	-
Announcement Date	17/2/22	15/2/23	8/2/24	11/2/25	10/2/26	-	-	-

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.($)
INDITEX	27x	4.17x	14.74x	3.29%	211B
FAST RETAILING CO., LTD.	47.79x	5.88x	24.5x	0.78%	153B
ROSS STORES, INC.	32.52x	3.11x	20.78x	0.7%	81.58B
KERING	54.29x	3x	11.69x	1.17%	40.94B
TAPESTRY, INC.	23.75x	4.26x	17.05x	0.99%	32.73B
HENNES & MAURITZ AB	23.06x	1.53x	8.65x	4.08%	30.06B
NEXT PLC	19.34x	2.67x	12.04x	2.01%	24.13B
BURLINGTON STORES, INC.	32.06x	1.86x	15.81x	-.--%	23.09B
LPP SA	15.55x	1.81x	7.78x	4.16%	10.94B
Average	30.60x	3.14x	14.78x	1.91%	67.48B
Weighted average by Cap.	34.13x	4.06x	17.43x	1.92%