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 30,066 - -
Change - -33.56% -16.49% -39.83% 26.35% -18.53% - -
Enterprise Value (EV) 1 92,144 60,428 57,041 39,706 44,942 38,825 38,263 37,590
Change - -34.42% -5.61% -30.39% 13.19% -13.61% -1.45% -1.76%
P/E 27.7x 16.2x 16.4x 25.8x 510x 46.5x 26.7x 19.4x
PBR 6.57x 4.15x 3.22x 1.96x 2.51x 2x 1.9x 1.78x
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 2.04x 1.92x 1.79x
EV / Revenue 5.22x 2.97x 2.92x 2.31x 3.06x 2.64x 2.44x 2.24x
EV / EBITDA 14.2x 8.33x 8.68x 8.51x 12.2x 10.1x 9.03x 7.82x
EV / EBIT 18.4x 10.8x 12x 15.5x 27.6x 20.6x 16.2x 13x
EV / FCF 23.4x 18.8x 28.8x 28.4x 19.5x 20.3x 22.1x 19.9x
FCF Yield 4.28% 5.31% 3.48% 3.53% 5.12% 4.93% 4.53% 5.02%
Dividend per Share 2 12 14 14 6 3 3.395 4.959 6.59
Rate of return 1.7% 2.94% 3.51% 2.52% 1% 1.38% 2.02% 2.69%
EPS 2 25.49 29.31 24.37 9.24 0.59 5.269 9.186 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 14,724 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 2,363 2,888
Net income 1 3,176 3,614 2,983 1,133 72 642.3 1,145 1,542
Net Debt 1 4,670 2,306 8,504 10,500 8,039 8,759 8,197 7,524
Reference price 2 706.90 475.50 399.00 238.25 301.00 245.20 245.20 245.20
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

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.36x4.06x14.35x3.38% 208B
41.36x5.09x21.07x0.9% 136B
26.74x2.72x17.51x0.77% 73.69B
46.54x2.64x10.12x1.38% 34.94B
22.39x1.5x8.5x4.17% 29.28B
15.4x3x11.5x1.53% 24.35B
18.95x2.62x11.74x1.89% 23.67B
23.1x1.37x11.66x-.--% 16.67B
15.02x1.79x7.58x4.31% 10.68B
Average 26.21x 2.75x 12.67x 2.04% 61.9B
Weighted average by Cap. 30.02x 3.68x 15.39x 2.12%

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