Company Valuation: LVMH

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 366,252 340,700 366,368 317,588 319,356 234,296 - -
Change - -6.98% 7.53% -13.31% 0.56% -26.63% - -
Enterprise Value (EV) 1 375,859 368,547 397,039 348,731 346,923 258,028 254,599 251,127
Change - -1.95% 7.73% -12.17% -0.52% -25.62% -1.33% -1.36%
P/E 30.4x 24.3x 24.2x 25.3x 29.5x 21.1x 18.6x 16.8x
PBR 7.77x 6.19x 6.01x 4.7x 4.76x 3.3x 3.03x 2.8x
PEG - 1.4x 2.95x -1.5x -2.3x 6.86x 1.4x 1.6x
Capitalization / Revenue 5.7x 4.3x 4.25x 3.75x 3.95x 2.89x 2.75x 2.59x
EV / Revenue 5.85x 4.65x 4.61x 4.12x 4.29x 3.19x 2.98x 2.78x
EV / EBITDA 16.4x 13.5x 13.2x 12.7x 13.5x 10.7x 9.67x 8.89x
EV / EBIT 21.9x 17.5x 17.4x 17.8x 19.5x 14.6x 13.3x 12.2x
EV / FCF 27.8x 36.4x 49x 33.3x 30.6x 22.5x 19.4x 18.2x
FCF Yield 3.6% 2.74% 2.04% 3% 3.27% 4.44% 5.15% 5.5%
Dividend per Share 2 7 12 13 13 13 13.04 14.07 14.9
Rate of return 0.96% 1.76% 1.77% 2.05% 2.02% 2.74% 2.96% 3.14%
EPS 2 23.89 28.03 30.33 25.12 21.85 22.52 25.59 28.35
Distribution rate 29.3% 42.8% 42.9% 51.8% 59.5% 57.9% 55% 52.6%
Net sales 1 64,215 79,184 86,153 84,683 80,807 80,983 85,336 90,366
EBITDA 1 22,981 27,281 29,979 27,367 25,756 24,190 26,335 28,254
EBIT 1 17,151 21,055 22,802 19,571 17,755 17,642 19,156 20,651
Net income 1 12,036 14,084 15,174 12,550 10,878 11,222 12,671 14,008
Net Debt 1 9,607 27,847 30,671 31,143 27,567 23,732 20,303 16,830
Reference price 2 727.00 679.90 733.60 635.50 645.00 475.15 475.15 475.15
Nbr of stocks (in thousands) 503,785 501,103 499,410 499,744 495,126 493,099 - -
Announcement Date 27/01/22 26/01/23 25/01/24 28/01/25 27/01/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.69x2.68x13.61x1.01% 22.64B
20.49x3.93x9.6x2.84% 15.36B
10.76x1.05x5.02x-.--% 13.5B
20x2.23x8.7x1.8% 10.24B
15.92x1.58x10.34x2.44% 9.44B
11.67x1.54x6.68x6.78% 7.32B
13.19x0.88x8.38x2.53% 5.63B
Average 16.10x 1.98x 8.90x 2.48% 12.02B
Weighted average by Cap. 17.15x 2.25x 9.58x 2.04%

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