Company Valuation: Accor

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,346 6,005 9,000 11,235 11,316 10,973 - -
Change - -18.26% 49.87% 24.84% 0.72% -3.03% - -
Enterprise Value (EV) 1 9,190 7,663 11,074 13,730 14,380 13,972 13,997 13,890
Change - -16.62% 44.51% 23.99% 4.73% -2.84% 0.18% -0.76%
P/E Ratio 150x 16.8x 15.6x 20.2x 30x 21.5x 18.3x 15.9x
PBR 1.82x 1.41x 2.26x 2.3x 2.69x 2.87x 2.88x 2.96x
PEG - 0x 0.3x 4.08x -1x 0.5x 1.1x 1.1x
Capitalization / Revenue 3.33x 1.42x 1.78x 2x 2.01x 1.88x 1.76x 1.66x
EV / Revenue 4.17x 1.81x 2.19x 2.45x 2.55x 2.4x 2.25x 2.1x
EV / EBITDA 418x 11.4x 11x 12.3x 12x 11x 10x 9.15x
EV / EBIT -40.3x 17.1x 15.3x 17.5x 17.8x 15x 13.3x 12x
EV / FCF -15.6x 19.2x 27.8x 31.2x 23.5x 20.9x 18.9x 17x
FCF Yield -6.4% 5.22% 3.59% 3.2% 4.26% 4.78% 5.3% 5.9%
Dividend per Share 2 - 0.71 1.05 1.18 1.26 1.463 1.668 1.853
Rate of return - 3.04% 3.03% 2.51% 2.61% 3% 3.42% 3.8%
EPS 2 0.19 1.39 2.22 2.33 1.61 2.273 2.669 3.058
Distribution rate - 51.1% 47.3% 50.6% 78.3% 64.4% 62.5% 60.6%
Net sales 1 2,204 4,224 5,056 5,606 5,639 5,830 6,228 6,610
EBITDA 1 22 675 1,003 1,120 1,201 1,270 1,399 1,519
EBIT 1 -228 447 723 786 807 929.1 1,049 1,157
Net income 1 85 402 633 610 449 539.6 612.9 687.9
Net Debt 1 1,844 1,658 2,074 2,495 3,064 2,999 3,024 2,918
Reference price 2 28.45 23.35 34.60 47.04 48.22 48.78 48.78 48.78
Nbr of stocks (in thousands) 258,225 257,174 260,110 238,847 234,673 224,944 - -
Announcement Date 24/02/22 23/02/23 22/02/24 20/02/25 19/02/26 - - -
1EUR in Million2EUR
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.46x2.4x11.01x3% 12.73B
35.86x4.41x20.67x0.7% 106B
41.48x7.02x22.66x0.17% 79.02B
28.97x10.96x19.78x1.24% 25.04B
64.61x3.11x18.9x0.3% 18.73B
43.33x8.58x25.08x0.48% 10.39B
10.33x1.9x7.46x3.26% 4.64B
14.34x1.38x5.2x2.96% 4.18B
10.06x1.41x6.49x-.--% 4.08B
15.43x1.27x8.76x3.56% 3.27B
Average 28.59x 4.24x 14.60x 1.57% 26.77B
Weighted average by Cap. 37.07x 5.59x 19.93x 0.77%

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

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