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 30,722 - -
Change - -33.56% -16.49% -39.83% 26.35% -16.75% - -
Enterprise Value (EV) 1 92,144 60,428 57,041 39,706 44,942 39,481 38,919 38,246
Change - -34.42% -5.61% -30.39% 13.19% -12.15% -1.42% -1.73%
P/E 27.7x 16.2x 16.4x 25.8x 510x 47.5x 27.2x 19.8x
PBR 6.57x 4.15x 3.22x 1.96x 2.51x 2.05x 1.94x 1.82x
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 2.09x 1.96x 1.83x
EV / Revenue 5.22x 2.97x 2.92x 2.31x 3.06x 2.68x 2.48x 2.28x
EV / EBITDA 14.2x 8.33x 8.68x 8.51x 12.2x 10.3x 9.18x 7.96x
EV / EBIT 18.4x 10.8x 12x 15.5x 27.6x 21x 16.5x 13.2x
EV / FCF 23.4x 18.8x 28.8x 28.4x 19.5x 20.6x 22.5x 20.3x
FCF Yield 4.28% 5.31% 3.48% 3.53% 5.12% 4.85% 4.45% 4.93%
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% 1.36% 1.98% 2.63%
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 2 706.90 475.50 399.00 238.25 301.00 250.55 250.55 250.55
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.($)
47.51x2.68x10.29x1.36% 35.79B
26.5x4.08x14.43x3.36% 209B
42.8x5.28x21.86x0.87% 138B
26.99x2.73x17.56x0.78% 73.74B
22.54x1.5x8.49x4.19% 29.31B
15.54x3.02x11.59x1.52% 24.57B
19.17x2.65x11.89x1.86% 24.1B
25x1.5x12.71x-.--% 18.25B
14.59x1.74x7.4x4.44% 10.35B
7.65x0.41x3.78x3.38% 7.48B
Average 24.83x 2.56x 12.00x 2.17% 57.08B
Weighted average by Cap. 30.32x 3.70x 15.51x 2.11%

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