Company Valuation: LVMH

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 366,252 340,700 366,368 317,588 319,356 187,821 - -
Change - -6.98% 7.53% -13.31% 0.56% -41.19% - -
Enterprise Value (EV) 1 375,859 368,547 397,039 348,731 346,923 209,796 206,437 202,855
Change - -1.95% 7.73% -12.17% -0.52% -39.53% -1.6% -1.73%
P/E 30.4x 24.3x 24.2x 25.3x 29.5x 17.2x 15.6x 14.2x
PBR 7.77x 6.19x 6.01x 4.7x 4.76x 2.65x 2.45x 2.28x
PEG - 1.4x 2.95x -1.5x -2.3x 11.14x 1.6x 1.44x
Capitalization / Revenue 5.7x 4.3x 4.25x 3.75x 3.95x 2.33x 2.23x 2.12x
EV / Revenue 5.85x 4.65x 4.61x 4.12x 4.29x 2.6x 2.45x 2.29x
EV / EBITDA 16.4x 13.5x 13.2x 12.7x 13.5x 8.63x 7.99x 7.37x
EV / EBIT 21.9x 17.5x 17.4x 17.8x 19.5x 12x 11.1x 10.2x
EV / FCF 27.8x 36.4x 49x 33.3x 30.6x 18.2x 16x 15.1x
FCF Yield 3.6% 2.74% 2.04% 3% 3.27% 5.48% 6.25% 6.62%
Dividend per Share 2 7 12 13 13 13 13.07 13.9 14.66
Rate of return 0.96% 1.76% 1.77% 2.05% 2.02% 3.43% 3.65% 3.85%
EPS 2 23.89 28.03 30.33 25.12 21.85 22.19 24.41 26.82
Distribution rate 29.3% 42.8% 42.9% 51.8% 59.5% 58.9% 56.9% 54.7%
Net sales 1 64,215 79,184 86,153 84,683 80,807 80,586 84,244 88,500
EBITDA 1 22,981 27,281 29,979 27,367 25,756 24,315 25,853 27,524
EBIT 1 17,151 21,055 22,802 19,571 17,755 17,485 18,635 19,869
Net income 1 12,036 14,084 15,174 12,550 10,878 11,143 12,225 13,373
Net Debt 1 9,607 27,847 30,671 31,143 27,567 21,974 18,615 15,034
Reference price 2 727.00 679.90 733.60 635.50 645.00 380.90 380.90 380.90
Nbr of stocks (in thousands) 503,785 501,103 499,410 499,744 495,126 493,099 - -
Announcement Date 27/1/22 26/1/23 25/1/24 28/1/25 27/1/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.17x2.6x8.63x3.43% 210B
28.79x7.12x15.74x1.56% 148B
24.08x3.84x13.54x2.38% 119B
60.57x4.35x40.16x0.42% 40B
11.27x1.69x5.83x4.14% 25.58B
19.87x2.61x13.23x1.06% 21.89B
10.28x1.17x7.58x7.11% 13.58B
18.27x3.48x8.6x3.19% 13.1B
14.23x2.24x6.72x3.67% 12.08B
Average 22.73x 3.23x 13.34x 2.99% 67.06B
Weighted average by Cap. 23.92x 4.01x 13.42x 2.59%

Y-o-Y evolution of P/E

Valuation ratios - P/E - LVMH

Historical PBR trend

Valuation ratios - PBR - LVMH

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - LVMH

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - LVMH


Year-on-year evolution of the Yield

Valuation ratios - Yield - LVMH