Company Valuation: Tapestry, Inc.

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 8,196 10,060 9,561 18,092 29,499 23,439 - -
Change - 22.74% -4.96% 89.23% 63.05% -20.54% - -
Enterprise Value (EV) 1 8,933 10,995 11,122 19,386 30,903 24,748 24,498 23,831
Change - 23.07% 1.15% 74.31% 59.4% -19.92% -1.01% -2.72%
P/E 10.3x 11.2x 11.9x 106x 20.1x 14.9x 13.4x 11.9x
PBR 3.44x 4.6x 3.35x 22.6x 44.3x 20.2x 11.5x 8.02x
PEG - 0.5x -1.22x -1.4x 0x 1.68x 1.2x 1x
Capitalization / Revenue 1.23x 1.51x 1.43x 2.58x 3.69x 2.74x 2.6x 2.44x
EV / Revenue 1.34x 1.65x 1.67x 2.77x 3.87x 2.89x 2.72x 2.48x
EV / EBITDA 6.32x 8.12x 7.81x 12.4x 15.2x 11.1x 10.2x 9.06x
EV / EBIT 7.33x 9.38x 8.9x 13.9x 16.6x 12.1x 11x 9.79x
EV / FCF 11.8x 13.9x 9.7x 17.7x 17x 15.1x 14.2x 12.1x
FCF Yield 8.5% 7.19% 10.3% 5.64% 5.87% 6.61% 7.06% 8.27%
Dividend per Share 2 1 1.2 1.4 1.4 1.6 1.865 2.069 2.443
Rate of return 3.07% 2.76% 3.36% 1.61% 1.1% 1.58% 1.75% 2.07%
EPS 2 3.17 3.88 3.5 0.82 7.27 7.913 8.819 9.915
Distribution rate 31.5% 30.9% 40% 171% 22% 23.6% 23.5% 24.6%
Net sales 1 6,684 6,661 6,671 7,011 7,990 8,549 9,008 9,613
EBITDA 1 1,414 1,355 1,424 1,562 2,027 2,223 2,408 2,629
EBIT 1 1,219 1,172 1,250 1,400 1,866 2,052 2,223 2,434
Net income 1 856.3 936 816 183.2 1,528 1,613 1,744 1,900
Net Debt 1 737.2 934.7 1,561 1,295 1,404 1,308 1,059 391.9
Reference price 2 32.55 43.40 41.61 87.11 146.00 118.12 118.12 118.12
Nbr of stocks (in thousands) 251,802 231,798 229,773 207,690 202,045 198,435 - -
Announcement Date 8/18/22 A 8/17/23 A 8/15/24 A 8/14/25 A 8/13/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.93x2.89x11.13x1.58% 23.44B
24.59x3.74x13.31x3.63% 187B
43.04x5.29x21.75x0.87% 140B
26.04x2.69x17.17x0.78% 73.01B
41.09x2.38x9.1x1.6% 29.02B
20.02x1.38x7.82x4.61% 25.33B
17.58x2.47x11.16x2.13% 21.69B
23.97x1.42x12.13x-.--% 17.3B
15.2x1.95x7.85x3.97% 11.48B
26.15x2.95x13.16x-.--% 9.86B
Average 25.26x 2.72x 12.46x 1.92% 53.74B
Weighted average by Cap. 29.36x 3.60x 15.20x 2.14%

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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