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 30,992 - -
Change - -33.56% -16.49% -39.83% 26.35% -16.02% - -
Enterprise Value (EV) 1 92,144 60,428 57,041 39,706 44,942 39,751 39,189 38,515
Change - -34.42% -5.61% -30.39% 13.19% -11.55% -1.41% -1.72%
P/E 27.7x 16.2x 16.4x 25.8x 510x 47.9x 27.4x 20x
PBR 6.57x 4.15x 3.22x 1.96x 2.51x 2.06x 1.96x 1.83x
PEG - 1.1x -1x -0.4x -5.4x 0x 0.4x 0.5x
Capitalization / Revenue 4.96x 2.86x 2.48x 1.7x 2.51x 2.1x 1.98x 1.85x
EV / Revenue 5.22x 2.97x 2.92x 2.31x 3.06x 2.7x 2.5x 2.29x
EV / EBITDA 14.2x 8.33x 8.68x 8.51x 12.2x 10.4x 9.25x 8.01x
EV / EBIT 18.4x 10.8x 12x 15.5x 27.6x 21.1x 16.6x 13.3x
EV / FCF 23.4x 18.8x 28.8x 28.4x 19.5x 20.8x 22.6x 20.4x
FCF Yield 4.28% 5.31% 3.48% 3.53% 5.12% 4.81% 4.42% 4.9%
Dividend per Share 2 12 14 14 6 3 3.395 4.958 6.59
Rate of return 1.7% 2.94% 3.51% 2.52% 1% 1.34% 1.96% 2.61%
EPS 2 25.49 29.31 24.37 9.24 0.59 5.273 9.215 12.66
Distribution rate 47.1% 47.8% 57.4% 64.9% 508% 64.4% 53.8% 52.1%
Net sales 1 17,645 20,351 19,566 17,194 14,675 14,729 15,678 16,795
EBITDA 1 6,470 7,255 6,569 4,667 3,675 3,838 4,238 4,807
EBIT 1 5,017 5,589 4,746 2,554 1,631 1,884 2,363 2,889
Net income 1 3,176 3,614 2,983 1,133 72 642.9 1,149 1,543
Net Debt 1 4,670 2,306 8,504 10,500 8,039 8,759 8,197 7,524
Reference price 2 706.90 475.50 399.00 238.25 301.00 252.75 252.75 252.75
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.($)
47.85x2.69x10.35x1.34% 36.11B
26.76x4.13x14.6x3.33% 211B
43.14x5.33x22.05x0.87% 139B
27.74x2.81x18.07x0.76% 75.79B
23.09x1.53x8.67x4.09% 29.97B
16.42x3.19x12.22x1.43% 25.97B
19.34x2.67x11.98x1.85% 24.29B
27.05x1.61x13.53x-.--% 19.76B
14.93x1.78x7.54x4.34% 10.67B
7.78x0.41x3.86x3.24% 7.61B
Average 25.41x 2.61x 12.29x 2.12% 58.05B
Weighted average by Cap. 30.70x 3.74x 15.74x 2.08%

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