Company Valuation: Accor

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,346 6,005 9,000 11,235 11,316 10,983 - -
Change - -18.26% 49.87% 24.84% 0.72% -2.94% - -
Enterprise Value (EV) 1 9,190 7,663 11,074 13,730 14,380 14,178 14,106 14,002
Change - -16.62% 44.51% 23.99% 4.73% -1.4% -0.5% -0.74%
P/E 150x 16.8x 15.6x 20.2x 30x 21.2x 17.4x 15.3x
PBR 1.82x 1.41x 2.26x 2.3x 2.69x 3.5x 2.69x 2.71x
PEG - 0x 0.3x 4.08x -1x 0.6x 0.8x 1.1x
Capitalization / Revenue 3.33x 1.42x 1.78x 2x 2.01x 1.9x 1.77x 1.67x
EV / Revenue 4.17x 1.81x 2.19x 2.45x 2.55x 2.45x 2.28x 2.13x
EV / EBITDA 418x 11.4x 11x 12.3x 12x 11.2x 10.1x 9.23x
EV / EBIT -40.3x 17.1x 15.3x 17.5x 17.8x 15.4x 13.5x 12.1x
EV / FCF -15.6x 19.2x 27.8x 31.2x 23.5x 20.2x 18.7x 16.8x
FCF Yield -6.4% 5.22% 3.59% 3.2% 4.26% 4.94% 5.36% 5.97%
Dividend per Share 2 - 0.71 1.05 1.18 1.26 1.448 1.637 1.828
Rate of return - 3.04% 3.03% 2.51% 2.61% 3.07% 3.47% 3.87%
EPS 2 0.19 1.39 2.22 2.33 1.61 2.226 2.707 3.086
Distribution rate - 51.1% 47.3% 50.6% 78.3% 65.1% 60.5% 59.3%
Net sales 1 2,204 4,224 5,056 5,606 5,639 5,793 6,193 6,563
EBITDA 1 22 675 1,003 1,120 1,201 1,268 1,396 1,516
EBIT 1 -228 447 723 786 807 923.1 1,046 1,153
Net income 1 85 402 633 610 449 526.8 625.9 701.3
Net Debt 1 1,844 1,658 2,074 2,495 3,064 3,195 3,124 3,019
Reference price 2 28.45 23.35 34.60 47.04 48.22 47.22 47.22 47.22
Nbr of stocks (in thousands) 258,225 257,174 260,110 238,847 234,673 232,589 - -
Announcement Date 2/24/22 A 2/23/23 A 2/22/24 A 2/20/25 A 2/19/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
32.24x4x18.56x0.8% 93.79B
39.03x6.55x21.01x0.19% 72.47B
27.47x10.38x18.67x1.31% 23.45B
55.91x2.84x17.36x0.34% 16.86B
21.21x2.45x11.18x3.07% 12.66B
46.01x9.17x26.85x0.46% 11.01B
10.62x1.96x7.6x3.14% 4.74B
13.8x1.35x5.11x3.09% 3.94B
12.63x1.42x6.63x-.--% 3.61B
Average 28.77x 4.46x 14.78x 1.38% 26.95B
Weighted average by Cap. 34.49x 5.33x 18.60x 0.81%

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