Company Valuation: Kering

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 87,474 58,122 48,537 29,206 36,903 29,257 - -
Change - -33.56% -16.49% -39.83% 26.35% -20.72% - -
Enterprise Value (EV) 1 92,144 60,428 57,041 39,706 44,942 38,043 37,474 36,780
Change - -34.42% -5.61% -30.39% 13.19% -15.35% -1.5% -1.85%
P/E 27.7x 16.2x 16.4x 25.8x 510x 46.3x 26.1x 19x
PBR 6.57x 4.15x 3.22x 1.96x 2.51x 1.95x 1.85x 1.73x
PEG - 1.1x -1x -0.4x -5.4x 0x 0.3x 0.5x
Capitalization / Revenue 4.96x 2.86x 2.48x 1.7x 2.51x 1.99x 1.86x 1.75x
EV / Revenue 5.22x 2.97x 2.92x 2.31x 3.06x 2.58x 2.38x 2.19x
EV / EBITDA 14.2x 8.33x 8.68x 8.51x 12.2x 9.79x 8.76x 7.65x
EV / EBIT 18.4x 10.8x 12x 15.5x 27.6x 20x 15.8x 12.8x
EV / FCF 23.4x 18.8x 28.8x 28.4x 19.5x 19.8x 22.6x 19.8x
FCF Yield 4.28% 5.31% 3.48% 3.53% 5.12% 5.04% 4.42% 5.04%
Dividend per Share 2 12 14 14 6 3 3.403 4.94 6.57
Rate of return 1.7% 2.94% 3.51% 2.52% 1% 1.43% 2.07% 2.75%
EPS 2 25.49 29.31 24.37 9.24 0.59 5.148 9.155 12.59
Distribution rate 47.1% 47.8% 57.4% 64.9% 508% 66.1% 54% 52.2%
Net sales 1 17,645 20,351 19,566 17,194 14,675 14,722 15,765 16,761
EBITDA 1 6,470 7,255 6,569 4,667 3,675 3,885 4,276 4,805
EBIT 1 5,017 5,589 4,746 2,554 1,631 1,903 2,376 2,880
Net income 1 3,176 3,614 2,983 1,133 72 655.2 1,148 1,532
Net Debt 1 4,670 2,306 8,504 10,500 8,039 8,787 8,218 7,524
Reference price 2 706.90 475.50 399.00 238.25 301.00 238.60 238.60 238.60
Nbr of stocks (in thousands) 123,744 122,233 121,646 122,587 122,601 122,618 - -
Announcement Date 17/02/22 15/02/23 08/02/24 11/02/25 10/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.91x3.79x13.49x3.57% 195B
39.79x4.89x20.23x0.94% 133B
26.75x2.72x17.51x0.77% 73.71B
46.35x2.58x9.79x1.43% 33.96B
20.89x1.42x8.05x4.46% 27.09B
14.97x2.91x11.22x1.58% 23.63B
18.14x2.52x11.23x1.97% 22.67B
20.81x1.24x10.56x-.--% 15.02B
15.07x1.8x7.6x4.27% 10.76B
Average 25.30x 2.65x 12.19x 2.11% 59.44B
Weighted average by Cap. 28.98x 3.52x 14.81x 2.2%

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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