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 10,443 - -
Change - -18.26% 49.87% 24.84% 0.72% -7.71% - -
Enterprise Value (EV) 1 9,190 7,663 11,074 13,730 14,380 13,613 13,482 13,396
Change - -16.62% 44.51% 23.99% 4.73% -5.34% -0.96% -0.63%
P/E 150x 16.8x 15.6x 20.2x 30x 19.5x 16.7x 14.6x
PBR 1.82x 1.41x 2.26x 2.3x 2.69x 2.58x 2.58x 2.61x
PEG - 0x 0.3x 4.08x -1x 0.5x 1x 1x
Capitalization / Revenue 3.33x 1.42x 1.78x 2x 2.01x 1.81x 1.68x 1.59x
EV / Revenue 4.17x 1.81x 2.19x 2.45x 2.55x 2.36x 2.17x 2.03x
EV / EBITDA 418x 11.4x 11x 12.3x 12x 10.7x 9.67x 8.85x
EV / EBIT -40.3x 17.1x 15.3x 17.5x 17.8x 14.7x 12.9x 11.6x
EV / FCF -15.6x 19.2x 27.8x 31.2x 23.5x 20.4x 18.1x 16.3x
FCF Yield -6.4% 5.22% 3.59% 3.2% 4.26% 4.9% 5.52% 6.14%
Dividend per Share 2 - 0.71 1.05 1.18 1.26 1.421 1.641 1.832
Rate of return - 3.04% 3.03% 2.51% 2.61% 3.16% 3.65% 4.08%
EPS 2 0.19 1.39 2.22 2.33 1.61 2.301 2.682 3.076
Distribution rate - 51.1% 47.3% 50.6% 78.3% 61.7% 61.2% 59.6%
Net sales 1 2,204 4,224 5,056 5,606 5,639 5,770 6,202 6,585
EBITDA 1 22 675 1,003 1,120 1,201 1,268 1,394 1,514
EBIT 1 -228 447 723 786 807 923.5 1,045 1,151
Net income 1 85 402 633 610 449 523.4 619.9 694.7
Net Debt 1 1,844 1,658 2,074 2,495 3,064 3,169 3,039 2,953
Reference price 2 28.45 23.35 34.60 47.04 48.22 44.90 44.90 44.90
Nbr of stocks (in thousands) 258,225 257,174 260,110 238,847 234,673 232,589 - -
Announcement Date 24/02/22 23/02/23 22/02/24 20/02/25 19/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.55x4.15x19.4x0.76% 98.31B
38.88x6.52x20.93x0.19% 72.13B
27.81x10.49x18.87x1.3% 23.74B
54.97x2.78x16.99x0.34% 16.4B
46.09x9.19x26.9x0.46% 11.01B
10.63x1.94x7.53x3.2% 4.66B
14.04x1.36x5.16x3.04% 3.97B
12.54x1.41x6.46x-.--% 3.59B
32.67x6.94x19.9x0.8% 3.54B
Average 30.13x 4.98x 15.79x 1.12% 26.37B
Weighted average by Cap. 35.55x 5.55x 19.33x 0.67%

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