Company Valuation: COMPAGNIE FINANCIERE RICHEMONT

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 65,897 84,028 83,061 94,508 88,078 122,079 - -
Change - 27.51% -1.15% 13.78% -6.8% 38.6% - -
Enterprise Value (EV) 1 67,278 84,880 75,611 86,251 79,582 112,974 111,831 110,159
Change - 26.16% -10.92% 14.07% -7.73% 41.96% -1.01% -1.5%
P/E 31.9x 271x 34.7x 34.3x 25.4x 27.5x 24x 21.3x
PBR 3.02x 4.04x 3.99x 4.27x 3.67x 4.71x 4.31x 3.95x
PEG - -3.2x 0x 2.4x 1x 1x 1.6x 1.7x
Capitalization / Revenue 3.44x 4.21x 4.03x 4.42x 3.93x 4.84x 4.51x 4.21x
EV / Revenue 3.51x 4.25x 3.67x 4.03x 3.55x 4.48x 4.13x 3.8x
EV / EBITDA 13.6x 13.1x 12.1x 14.3x 13x 15.8x 13.9x 12.5x
EV / EBIT 19.8x 16.9x 15.8x 19.3x 17.7x 20.6x 17.8x 15.7x
EV / FCF 17.6x 23.4x 19.8x 25.3x 20.3x 32.1x 24.1x 21.3x
FCF Yield 5.69% 4.28% 5.06% 3.95% 4.92% 3.11% 4.16% 4.71%
Dividend per Share 2 2.186 2.566 2.787 3.206 3.621 4.295 4.8 5.314
Rate of return 1.9% 1.74% 1.97% 2% 2.42% 2.07% 2.31% 2.56%
EPS 2 3.611 0.543 4.077 4.671 5.909 7.544 8.655 9.732
Distribution rate 60.5% 473% 68.4% 68.6% 61.3% 56.9% 55.5% 54.6%
Net sales 1 19,181 19,953 20,616 21,399 22,420 25,203 27,047 28,980
EBITDA 1 4,943 6,504 6,226 6,027 6,101 7,166 8,022 8,808
EBIT 1 3,390 5,031 4,794 4,467 4,492 5,481 6,271 7,020
Net income 1 2,074 313 2,362 2,751 3,484 4,394 5,057 5,635
Net Debt 1 1,381 852 -7,450 -8,257 -8,496 -9,105 -10,248 -11,921
Reference price 2 115.35 147.14 141.34 160.09 149.81 207.50 207.50 207.50
Nbr of stocks (in thousands) 571,280 571,057 587,682 590,354 587,940 588,340 - -
Announcement Date 5/20/22 A 5/12/23 A 5/17/24 A 5/16/25 A 5/22/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.5x4.48x15.77x2.07% 142B
71.95x5.12x47.81x0.36% 47.98B
12.76x1.44x9.31x5.7% 17.11B
13.28x2.21x7.12x2.4% 9.36B
8.76x1.92x6.8x8.67% 9.23B
11.38x0.18x2.91x5.25% 2.17B
23.67x - - - 2.13B
9.32x - - 5.71% 1.9B
10.84x1.37x7.06x7.35% 1.81B
Average 21.05x 2.39x 13.82x 4.69% 25.93B
Weighted average by Cap. 33.79x 4.13x 21.08x 2.36%

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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  5. Valuation COMPAGNIE FINANCIERE RICHEMONT