Company Valuation: lululemon athletica Inc.

Data adjusted to current consolidation scope
Fiscal Period: February 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 44,826 45,148 41,157 58,351 50,283 18,557 - -
Change - 0.72% -8.84% 41.78% -13.83% -63.1% - -
Enterprise Value (EV) 1 43,675 43,888 40,002 56,107 48,299 16,814 15,900 15,812
Change - 0.49% -8.86% 40.26% -13.92% -65.19% -5.43% -0.55%
P/E ratio 76.4x 46.6x 48.3x 37.9x 28.3x 12.1x 12.5x 11.5x
PBR 18.2x 16.5x 13.1x 13.8x 11.9x 3.73x 3.13x 2.6x
PEG - 0.7x -4.5x 0.5x 1.4x -1.1x -3.9x 1.24x
Capitalization / Revenue 10.2x 7.22x 5.07x 6.07x 4.75x 1.68x 1.61x 1.53x
EV / Revenue 9.92x 7.01x 4.93x 5.83x 4.56x 1.52x 1.38x 1.3x
EV / EBITDA 42.2x 27.4x 19.2x 21.5x 16.4x 6.24x 6.11x 5.68x
EV / EBIT 51.4x 31.9x 22.4x 25.1x 19.3x 7.67x 7.74x 7.28x
EV / FCF 76.1x 44.1x 122x 34.1x 30.5x 14.1x 13x 12.5x
FCF Yield 1.31% 2.27% 0.82% 2.93% 3.28% 7.09% 7.67% 7.97%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 4.5 7.49 6.68 12.2 14.64 13.04 12.62 13.79
Distribution rate - - - - - - - -
Net sales 1 4,402 6,257 8,111 9,619 10,588 11,038 11,517 12,164
EBITDA 1 1,035 1,599 2,081 2,610 2,952 2,694 2,602 2,785
EBIT 1 849.8 1,375 1,789 2,231 2,506 2,191 2,054 2,173
Net income 1 588.9 975.3 854.8 1,550 1,815 1,557 1,467 1,559
Net Debt 1 -1,151 -1,260 -1,155 -2,244 -1,984 -1,743 -2,656 -2,745
Reference price 2 343.92 349.19 322.76 462.40 414.20 158.19 158.19 158.19
Nbr of stocks (in thousands) 130,338 129,294 127,515 126,191 121,397 117,306 - -
Announcement Date 30/03/21 29/03/22 28/03/23 21/03/24 27/03/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.13x1.52x6.24x-.--% 18.56B
21.33x3.29x10.75x2.67% 283B
22.03x2.6x13.83x1.05% 20.29B
24.16x4.55x11.61x2.24% 16.57B
13.68x2.31x9.76x1.7% 11B
12.2x1.21x8x3.2% 6.97B
16.62x1.07x6.17x3% 6.4B
18.84x1.02x10.55x2.3% 6.15B
11.06x1.38x6.01x7.53% 6.09B
Average 16.90x 2.11x 9.21x 2.63% 41.7B
Weighted average by Cap. 20.36x 3.04x 10.49x 2.49%

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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