Company Valuation: LVMH

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 366,252 340,700 366,368 317,588 319,356 194,109 - -
Change - -6.98% 7.53% -13.31% 0.56% -39.22% - -
Enterprise Value (EV) 1 375,859 368,547 397,039 348,731 346,923 217,339 214,123 210,722
Change - -1.95% 7.73% -12.17% -0.52% -37.35% -1.48% -1.59%
P/E 30.4x 24.3x 24.2x 25.3x 29.5x 17.6x 16.2x 14.8x
PBR 7.77x 6.19x 6.01x 4.7x 4.76x 2.69x 2.5x 2.33x
PEG - 1.4x 2.95x -1.5x -2.3x 22x 1.85x 1.58x
Capitalization / Revenue 5.7x 4.3x 4.25x 3.75x 3.95x 2.41x 2.31x 2.2x
EV / Revenue 5.85x 4.65x 4.61x 4.12x 4.29x 2.7x 2.54x 2.38x
EV / EBITDA 16.4x 13.5x 13.2x 12.7x 13.5x 9.05x 8.39x 7.78x
EV / EBIT 21.9x 17.5x 17.4x 17.8x 19.5x 12.6x 11.6x 10.7x
EV / FCF 27.8x 36.4x 49x 33.3x 30.6x 19.3x 17.1x 16.1x
FCF Yield 3.6% 2.74% 2.04% 3% 3.27% 5.19% 5.86% 6.22%
Dividend per Share 2 7 12 13 13 13 12.93 13.65 14.45
Rate of return 0.96% 1.76% 1.77% 2.05% 2.02% 3.34% 3.53% 3.73%
EPS 2 23.89 28.03 30.33 25.12 21.85 22.02 23.95 26.2
Distribution rate 29.3% 42.8% 42.9% 51.8% 59.5% 58.7% 57% 55.1%
Net sales 1 64,215 79,184 86,153 84,683 80,807 80,466 84,161 88,404
EBITDA 1 22,981 27,281 29,979 27,367 25,756 24,018 25,514 27,100
EBIT 1 17,151 21,055 22,802 19,571 17,755 17,240 18,381 19,640
Net income 1 12,036 14,084 15,174 12,550 10,878 11,000 11,999 13,159
Net Debt 1 9,607 27,847 30,671 31,143 27,567 23,231 20,015 16,614
Reference price 2 727.00 679.90 733.60 635.50 645.00 387.00 387.00 387.00
Nbr of stocks (in thousands) 503,785 501,103 499,410 499,744 495,126 493,099 - -
Announcement Date 1/27/22 A 1/26/23 A 1/25/24 A 1/28/25 A 1/27/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.57x2.66x8.91x3.34% 213B
29.74x7.34x16.29x1.43% 151B
24.08x3.84x13.5x2.39% 118B
61.35x4.44x40.68x0.42% 41.59B
11.65x1.72x5.9x3.97% 26.5B
21.16x2.8x14.21x1% 23.41B
10.24x1.18x7.6x7.16% 13.85B
18.48x3.51x8.76x3.17% 13.1B
Average 24.28x 3.44x 14.48x 2.86% 75.15B
Weighted average by Cap. 24.67x 4.14x 13.91x 2.49%

Y-o-Y evolution of P/E

Valuation ratios - P/E - LVMH

Historical PBR trend

Valuation ratios - PBR - LVMH

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - LVMH

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - LVMH


Year-on-year evolution of the Yield

Valuation ratios - Yield - LVMH