Company Valuation: Accor

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,346 6,005 9,000 11,235 11,316 10,557 - -
Change - -18.26% 49.87% 24.84% 0.72% -6.7% - -
Enterprise Value (EV) 1 9,190 7,663 11,074 13,730 14,380 13,660 13,677 13,573
Change - -16.62% 44.51% 23.99% 4.73% -5% 0.12% -0.76%
P/E 150x 16.8x 15.6x 20.2x 30x 20.3x 16.8x 14.6x
PBR 1.82x 1.41x 2.26x 2.3x 2.69x 2.96x 2.71x 2.75x
PEG - 0x 0.3x 4.08x -1x 0.5x 0.8x 1x
Capitalization / Revenue 3.33x 1.42x 1.78x 2x 2.01x 1.82x 1.7x 1.61x
EV / Revenue 4.17x 1.81x 2.19x 2.45x 2.55x 2.36x 2.21x 2.07x
EV / EBITDA 418x 11.4x 11x 12.3x 12x 10.7x 9.77x 8.91x
EV / EBIT -40.3x 17.1x 15.3x 17.5x 17.8x 14.6x 13x 11.7x
EV / FCF -15.6x 19.2x 27.8x 31.2x 23.5x 18.6x 17.8x 15.9x
FCF Yield -6.4% 5.22% 3.59% 3.2% 4.26% 5.39% 5.61% 6.27%
Dividend per Share 2 - 0.71 1.05 1.18 1.26 1.453 1.641 1.841
Rate of return - 3.04% 3.03% 2.51% 2.61% 3.2% 3.62% 4.06%
EPS 2 0.19 1.39 2.22 2.33 1.61 2.234 2.702 3.101
Distribution rate - 51.1% 47.3% 50.6% 78.3% 65% 60.7% 59.4%
Net sales 1 2,204 4,224 5,056 5,606 5,639 5,799 6,197 6,570
EBITDA 1 22 675 1,003 1,120 1,201 1,273 1,401 1,524
EBIT 1 -228 447 723 786 807 934.9 1,048 1,157
Net income 1 85 402 633 610 449 499 616.8 692.3
Net Debt 1 1,844 1,658 2,074 2,495 3,064 3,103 3,120 3,016
Reference price 2 28.45 23.35 34.60 47.04 48.22 45.39 45.39 45.39
Nbr of stocks (in thousands) 2,58,225 2,57,174 2,60,110 2,38,847 2,34,673 2,32,589 - -
Announcement Date 24/02/22 23/02/23 22/02/24 20/02/25 19/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.32x2.36x10.73x3.2% 1.18TCr
32.77x4.06x18.8x0.78% 9.54TCr
15.98x4.97x12.65x1.95% 7.55TCr
38.98x6.62x21.23x0.19% 7.35TCr
11.99x2.13x8.26x2.27% 3.54TCr
27.21x10.38x18.58x1.32% 2.35TCr
49.68x2.62x15.99x0.37% 1.53TCr
16.92x3.1x8.81x4.77% 1.39TCr
44.74x8.86x26.01x0.47% 1.05TCr
11x2.26x9.06x-.--% 714.96Cr
Average 26.96x 4.74x 15.01x 1.53% 3.62TCr
Weighted average by Cap. 27.75x 4.94x 16.22x 1.27%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Accor

Historical PBR trend

Valuation ratios - PBR - Accor

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Accor

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Accor


Year-on-year evolution of the Yield

Valuation ratios - Yield - Accor