Company Valuation: Brunello Cucinelli S.p.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 4,128 4,699 6,021 7,157 6,688 5,639 - -
Change - 13.84% 28.13% 18.88% -6.56% -15.69% - -
Enterprise Value (EV) 1 4,697 5,268 6,582 7,937 7,671 6,584 6,592 6,586
Change - 12.16% 24.93% 20.59% -3.35% -14.16% 0.11% -0.08%
P/E ratio 387x 291x 263x 60x 49.5x 36.8x 32.3x 28.5x
PBR 65.3x 61.4x 68.2x 14.6x 12.3x 8.86x 7.68x 6.66x
PEG - 5.7x 6.2x 0x 3.8x 2.7x 2.3x 2.1x
Capitalization / Revenue 5.8x 5.11x 5.28x 5.6x 4.75x 3.66x 3.31x 3.01x
EV / Revenue 6.6x 5.73x 5.78x 6.21x 5.45x 4.27x 3.88x 3.52x
EV / EBITDA 24.3x 19.8x 20.2x 21.8x 18.4x 14.4x 13.1x 11.9x
EV / EBIT 61x 39.2x 35.1x 37.5x 32.5x 25.3x 22.6x 20.3x
EV / FCF 28.4x 34.3x 48.6x 88.6x 76x 29x 25.6x 23.2x
FCF Yield 3.52% 2.91% 2.06% 1.13% 1.32% 3.45% 3.9% 4.31%
Dividend per Share 2 0.084 - 0.182 0.94 1.04 1.142 1.28 1.453
Rate of return 0.14% - 0.21% 0.89% 1.06% 1.38% 1.54% 1.75%
EPS 2 0.1568 0.2371 0.3372 1.757 1.986 2.254 2.566 2.908
Distribution rate 53.6% - 54% 53.5% 52.4% 50.7% 49.9% 50%
Net sales 1 712.2 919.7 1,139 1,279 1,408 1,540 1,701 1,871
EBITDA 1 193.3 266.4 326.3 364.7 416.5 456.6 502.6 552.1
EBIT 1 77.04 134.4 187.4 211.7 235.9 260.7 291.1 323.7
Net income 1 53.32 80.6 114.6 119.5 135 153.3 174.4 197.7
Net Debt 1 569.6 569.5 561.1 779.5 983 945.8 953.1 947.7
Reference price 2 60.70 69.10 88.60 105.40 98.42 82.92 82.92 82.92
Nbr of stocks (in thousands) 68,000 68,000 67,953 67,906 67,950 68,000 - -
Announcement Date 10/03/22 15/03/23 14/03/24 13/03/25 18/02/26 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
36.78x4.27x14.42x1.38% 651.1Cr
13.11x2.17x6.36x3.81% 1.2TCr
Average 24.95x 3.22x 10.39x 2.6% 925.49Cr
Weighted average by Cap. 21.44x 2.91x 9.20x 2.96%

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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  4. Valuation Brunello Cucinelli S.p.A.