Company Valuation: Carrefour

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 12,343 12,040 11,582 9,105 10,050 11,579 - -
Change - -2.46% -3.81% -21.39% 10.38% 15.21% - -
Enterprise Value (EV) 1 19,538 20,911 19,681 18,428 19,463 20,239 19,733 19,116
Change - 7.03% -5.88% -6.37% 5.62% 3.99% -2.5% -3.13%
P/E 11.8x 8.69x 7.13x 13.6x 30.5x 10.1x 9.79x 9.29x
PBR 1.22x 1.04x 0.99x 0.82x 0.92x 1.04x 0.99x 0.94x
PEG - 0.3x 0.2x -0.2x -0.6x 0x 3.17x 1.71x
Capitalization / Revenue 0.17x 0.15x 0.14x 0.11x 0.12x 0.14x 0.14x 0.14x
EV / Revenue 0.27x 0.26x 0.24x 0.22x 0.24x 0.25x 0.24x 0.22x
EV / EBITDA 4.29x 4.53x 4.32x 3.97x 4.32x 4.36x 4.15x 3.83x
EV / EBIT 8.6x 8.8x 8.69x 8.33x 9.02x 8.61x 7.91x 7.24x
EV / FCF 9.73x 8.95x 12.1x 12.6x 8.03x 13.3x 16.8x 18x
FCF Yield 10.3% 11.2% 8.24% 7.91% 12.5% 7.54% 5.96% 5.54%
Dividend per Share 2 0.52 0.56 0.87 0.92 0.97 1.034 1.065 1.11
Rate of return 3.23% 3.58% 5.25% 6.7% 6.82% 6.31% 6.49% 6.77%
EPS 2 1.362 1.8 2.324 1.013 0.4671 1.624 1.674 1.765
Distribution rate 38.2% 31.1% 37.4% 90.9% 208% 63.7% 63.6% 62.9%
Net sales 1 72,958 81,385 83,270 85,445 82,102 82,155 83,422 85,247
EBITDA 1 4,550 4,613 4,559 4,637 4,506 4,643 4,752 4,993
EBIT 1 2,272 2,377 2,264 2,213 2,158 2,351 2,494 2,641
Net income 1 1,072 1,348 1,659 723 319 1,149 1,178 1,211
Net Debt 1 7,195 8,871 8,099 9,323 9,413 8,661 8,155 7,537
Reference price 2 16.10 15.64 16.56 13.73 14.23 16.40 16.40 16.40
Nbr of stocks (in thousands) 766,438 769,845 699,183 663,135 706,234 706,234 - -
Announcement Date 16/02/22 14/02/23 20/02/24 19/02/25 17/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.54x0.95x6.43x5.56% 40.72B
39.81x1.62x20.34x0.3% 31.35B
16.61x0.62x7.14x3% 28.47B
83.83x3.72x49.25x-.--% 26.59B
27.54x0.88x9.44x3.38% 21.4B
15.19x0.36x5.28x4.1% 11.82B
7.7x1.71x5.52x2.55% 11.62B
16.89x0.4x6.09x4.23% 10.34B
19.21x0.73x8.05x2.99% 9.35B
Average 27.70x 1.22x 13.06x 2.9% 21.3B
Weighted average by Cap. 31.72x 1.36x 15.02x 2.84%

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