Company Valuation: Kering

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 87,474 58,122 48,537 29,206 36,903 31,170 - -
Change - -33.56% -16.49% -39.83% 26.35% -15.54% - -
Enterprise Value (EV) 1 92,144 60,428 57,041 39,706 44,942 39,929 39,366 38,693
Change - -34.42% -5.61% -30.39% 13.19% -11.16% -1.41% -1.71%
P/E 27.7x 16.2x 16.4x 25.8x 510x 48.2x 27.6x 20.1x
PBR 6.57x 4.15x 3.22x 1.96x 2.51x 2.08x 1.97x 1.84x
PEG - 1.1x -1x -0.4x -5.4x 0x 0.4x 0.5x
Capitalization / Revenue 4.96x 2.86x 2.48x 1.7x 2.51x 2.12x 1.99x 1.86x
EV / Revenue 5.22x 2.97x 2.92x 2.31x 3.06x 2.71x 2.51x 2.3x
EV / EBITDA 14.2x 8.33x 8.68x 8.51x 12.2x 10.4x 9.29x 8.05x
EV / EBIT 18.4x 10.8x 12x 15.5x 27.6x 21.2x 16.7x 13.4x
EV / FCF 23.4x 18.8x 28.8x 28.4x 19.5x 20.9x 22.7x 20.5x
FCF Yield 4.28% 5.31% 3.48% 3.53% 5.12% 4.79% 4.4% 4.87%
Dividend per Share 2 12 14 14 6 3 3.395 4.958 6.59
Rate of return 1.7% 2.94% 3.51% 2.52% 1% 1.34% 1.95% 2.59%
EPS 2 25.49 29.31 24.37 9.24 0.59 5.273 9.215 12.66
Distribution rate 47.1% 47.8% 57.4% 64.9% 508% 64.4% 53.8% 52.1%
Net sales 1 17,645 20,351 19,566 17,194 14,675 14,729 15,678 16,795
EBITDA 1 6,470 7,255 6,569 4,667 3,675 3,838 4,238 4,807
EBIT 1 5,017 5,589 4,746 2,554 1,631 1,884 2,363 2,889
Net income 1 3,176 3,614 2,983 1,133 72 642.9 1,149 1,543
Net Debt 1 4,670 2,306 8,504 10,500 8,039 8,759 8,197 7,524
Reference price 2 706.90 475.50 399.00 238.25 301.00 254.20 254.20 254.20
Nbr of stocks (in thousands) 123,744 122,233 121,646 122,587 122,601 122,618 - -
Announcement Date 2/17/22 A 2/15/23 A 2/8/24 A 2/11/25 A 2/10/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.78x4.13x14.59x3.32% 211B
42.63x5.26x21.77x0.88% 137B
26.65x2.71x17.45x0.78% 73.31B
48.21x2.71x10.4x1.34% 36.17B
22.51x1.5x8.49x4.18% 29.14B
15.82x3.08x11.8x1.49% 25.02B
19.22x2.66x11.92x1.86% 24.11B
23.77x1.41x11.93x-.--% 17.15B
14.78x1.76x7.48x4.38% 10.44B
Average 26.71x 2.80x 12.87x 2.03% 62.54B
Weighted average by Cap. 30.64x 3.75x 15.67x 2.09%

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