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 88,078 115,966 - -
Change - 27.51% -1.15% 13.78% -6.8% 31.66% - -
Enterprise Value (EV) 1 67,278 84,880 75,611 86,251 79,582 106,861 105,718 104,045
Change - 26.16% -10.92% 14.07% -7.73% 34.28% -1.07% -1.58%
P/E 31.9x 271x 34.7x 34.3x 25.4x 26.2x 22.8x 20.3x
PBR 3.02x 4.04x 3.99x 4.27x 3.67x 4.47x 4.09x 3.75x
PEG - -3.2x 0x 2.4x 1x 1x 1.5x 1.6x
Capitalization / Revenue 3.44x 4.21x 4.03x 4.42x 3.93x 4.61x 4.29x 4x
EV / Revenue 3.51x 4.25x 3.67x 4.03x 3.55x 4.25x 3.91x 3.59x
EV / EBITDA 13.6x 13.1x 12.1x 14.3x 13x 14.9x 13.2x 11.8x
EV / EBIT 19.8x 16.9x 15.8x 19.3x 17.7x 19.5x 16.9x 14.8x
EV / FCF 17.6x 23.4x 19.8x 25.3x 20.3x 30.4x 22.8x 20.1x
FCF Yield 5.69% 4.28% 5.06% 3.95% 4.92% 3.29% 4.4% 4.98%
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% 2.18% 2.44% 2.7%
EPS 2 3.611 0.543 4.077 4.671 5.909 7.534 8.651 9.732
Distribution rate 60.5% 473% 68.4% 68.6% 61.3% 57% 55.5% 54.6%
Net sales 1 19,181 19,953 20,616 21,399 22,420 25,159 27,046 28,980
EBITDA 1 4,943 6,504 6,226 6,027 6,101 7,159 8,019 8,808
EBIT 1 3,390 5,031 4,794 4,467 4,492 5,475 6,269 7,020
Net income 1 2,074 313 2,362 2,751 3,484 4,388 5,055 5,635
Net Debt 1 1,381 852 -7,450 -8,257 -8,496 -9,105 -10,248 -11,921
Reference price 2 115.35 147.14 141.34 160.09 149.81 197.11 197.11 197.11
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.($)
26.16x4.25x14.93x2.18% 135B
69.79x4.97x46.39x0.37% 47.11B
11.33x1.29x8.34x6.42% 15.2B
13.13x2.19x7.04x2.43% 9.29B
8.52x1.87x6.61x8.93% 8.98B
11.37x0.18x2.75x5.26% 2.15B
22.42x - - - 2.02B
10.34x1.27x6.4x7.48% 1.76B
10.88x - - 5.44% 1.73B
Average 20.44x 2.29x 13.21x 4.81% 24.78B
Weighted average by Cap. 32.70x 3.95x 20.37x 2.47%

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