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 88,078 109,409 - -
Change - 27.51% -1.15% 13.78% -6.8% 24.22% - -
Enterprise Value (EV) 1 67,278 84,880 75,611 86,251 79,582 100,200 99,157 97,484
Change - 26.16% -10.92% 14.07% -7.73% 25.91% -1.04% -1.69%
P/E 31.9x 271x 34.7x 34.3x 25.4x 24.7x 21.6x 19.2x
PBR 3.02x 4.04x 3.99x 4.27x 3.67x 4.22x 3.86x 3.54x
PEG - -3.2x 0x 2.4x 1x 0.9x 1.5x 1.6x
Capitalization / Revenue 3.44x 4.21x 4.03x 4.42x 3.93x 4.34x 4.04x 3.77x
EV / Revenue 3.51x 4.25x 3.67x 4.03x 3.55x 3.98x 3.66x 3.36x
EV / EBITDA 13.6x 13.1x 12.1x 14.3x 13x 14x 12.4x 11.1x
EV / EBIT 19.8x 16.9x 15.8x 19.3x 17.7x 18.1x 15.8x 13.8x
EV / FCF 17.6x 23.4x 19.8x 25.3x 20.3x 29.1x 21.7x 19.2x
FCF Yield 5.69% 4.28% 5.06% 3.95% 4.92% 3.44% 4.61% 5.21%
Dividend per Share 2 2.186 2.566 2.787 3.206 3.621 4.314 4.815 5.329
Rate of return 1.9% 1.74% 1.97% 2% 2.42% 2.32% 2.59% 2.87%
EPS 2 3.611 0.543 4.077 4.671 5.909 7.516 8.62 9.682
Distribution rate 60.5% 473% 68.4% 68.6% 61.3% 57.4% 55.9% 55%
Net sales 1 19,181 19,953 20,616 21,399 22,420 25,206 27,104 29,042
EBITDA 1 4,943 6,504 6,226 6,027 6,101 7,169 8,023 8,813
EBIT 1 3,390 5,031 4,794 4,467 4,492 5,521 6,286 7,039
Net income 1 2,074 313 2,362 2,751 3,484 4,395 5,056 5,637
Net Debt 1 1,381 852 -7,450 -8,257 -8,496 -9,209 -10,252 -11,925
Reference price 2 115.35 147.14 141.34 160.09 149.81 185.96 185.96 185.96
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
24.74x3.98x13.98x2.32% 127B
69.51x4.95x46.21x0.37% 46.55B
11.39x1.3x8.38x6.38% 15.27B
12.51x2.11x6.77x2.55% 8.85B
8.57x1.88x6.64x8.87% 9.04B
11.78x0.19x2.89x5.07% 2.21B
22.36x - - - 2.02B
10.21x1.25x6.31x7.57% 1.74B
10.82x - - 5.46% 1.72B
Average 20.21x 2.24x 13.02x 4.83% 23.84B
Weighted average by Cap. 31.93x 3.77x 19.89x 2.57%

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
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