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 11,088 - -
Change - -2.46% -3.81% -21.39% 10.38% 10.33% - -
Enterprise Value (EV) 1 19,538 20,911 19,681 18,428 19,463 19,749 19,242 18,625
Change - 7.03% -5.88% -6.37% 5.62% 1.47% -2.56% -3.21%
P/E 11.8x 8.69x 7.13x 13.6x 30.5x 9.68x 9.38x 8.9x
PBR 1.22x 1.04x 0.99x 0.82x 0.92x 1x 0.95x 0.9x
PEG - 0.3x 0.2x -0.2x -0.6x 0x 3.02x 1.64x
Capitalization / Revenue 0.17x 0.15x 0.14x 0.11x 0.12x 0.14x 0.13x 0.13x
EV / Revenue 0.27x 0.26x 0.24x 0.22x 0.24x 0.24x 0.23x 0.22x
EV / EBITDA 4.29x 4.53x 4.32x 3.97x 4.32x 4.27x 4.07x 3.74x
EV / EBIT 8.6x 8.8x 8.69x 8.33x 9.02x 8.42x 7.74x 7.08x
EV / FCF 9.73x 8.95x 12.1x 12.6x 8.03x 12.9x 16.4x 17.6x
FCF Yield 10.3% 11.2% 8.24% 7.91% 12.5% 7.73% 6.11% 5.69%
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% 6.59% 6.78% 7.07%
EPS 2 1.362 1.8 2.324 1.013 0.4671 1.623 1.673 1.764
Distribution rate 38.2% 31.1% 37.4% 90.9% 208% 63.7% 63.6% 63%
Net sales 1 72,958 81,385 83,270 85,445 82,102 81,970 83,255 85,003
EBITDA 1 4,550 4,613 4,559 4,637 4,506 4,628 4,732 4,974
EBIT 1 2,272 2,377 2,264 2,213 2,158 2,345 2,486 2,632
Net income 1 1,072 1,348 1,659 723 319 1,148 1,177 1,209
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 15.70 15.70 15.70
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
21.76x0.93x6.28x5.76% 38.87B
92.66x4.11x54.43x-.--% 29.69B
36.92x1.51x18.93x0.33% 29.02B
16.61x0.64x7.26x3.04% 27.73B
27.96x0.89x9.58x3.3% 21.57B
14.65x0.37x5.37x4.08% 11.96B
19.54x0.74x8.16x2.94% 9.48B
16.09x0.39x5.94x4.44% 9.76B
16.69x0.86x8.49x4.99% 8.74B
Average 29.21x 1.16x 13.83x 3.21% 20.76B
Weighted average by Cap. 34.23x 1.40x 16.55x 2.96%

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