Company Valuation: Carrefour

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 12,343 12,040 11,582 9,105 10,050 11,734 - -
Change - -2.46% -3.81% -21.39% 10.38% 16.76% - -
Enterprise Value (EV) 1 19,538 20,911 19,681 18,428 19,463 20,395 19,889 19,271
Change - 7.03% -5.88% -6.37% 5.62% 4.79% -2.48% -3.1%
P/E 11.8x 8.69x 7.13x 13.6x 30.5x 10.2x 9.86x 9.35x
PBR 1.22x 1.04x 0.99x 0.82x 0.92x 1.05x 1x 0.95x
PEG - 0.3x 0.2x -0.2x -0.6x 0x 3.17x 1.72x
Capitalization / Revenue 0.17x 0.15x 0.14x 0.11x 0.12x 0.14x 0.14x 0.14x
EV / Revenue 0.27x 0.26x 0.24x 0.22x 0.24x 0.25x 0.24x 0.23x
EV / EBITDA 4.29x 4.53x 4.32x 3.97x 4.32x 4.39x 4.19x 3.86x
EV / EBIT 8.6x 8.8x 8.69x 8.33x 9.02x 8.68x 7.98x 7.3x
EV / FCF 9.73x 8.95x 12.1x 12.6x 8.03x 13.4x 16.9x 18.2x
FCF Yield 10.3% 11.2% 8.24% 7.91% 12.5% 7.49% 5.91% 5.5%
Dividend per Share 2 0.52 0.56 0.87 0.92 0.97 1.034 1.065 1.11
Rate of return 3.23% 3.58% 5.25% 6.7% 6.82% 6.27% 6.46% 6.73%
EPS 2 1.362 1.8 2.324 1.013 0.4671 1.623 1.673 1.764
Distribution rate 38.2% 31.1% 37.4% 90.9% 208% 63.7% 63.6% 63%
Net sales 1 72,958 81,385 83,270 85,445 82,102 82,090 83,357 85,164
EBITDA 1 4,550 4,613 4,559 4,637 4,506 4,642 4,751 4,992
EBIT 1 2,272 2,377 2,264 2,213 2,158 2,351 2,493 2,640
Net income 1 1,072 1,348 1,659 723 319 1,148 1,177 1,209
Net Debt 1 7,195 8,871 8,099 9,323 9,413 8,661 8,155 7,537
Reference price 2 16.10 15.64 16.56 13.73 14.23 16.49 16.49 16.49
Nbr of stocks (in thousands) 7,66,438 7,69,845 6,99,183 6,63,135 7,06,234 7,06,234 - -
Announcement Date 16/02/22 14/02/23 20/02/24 19/02/25 17/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
21.67x0.93x6.28x5.79% 3.89TCr
38.52x1.57x19.72x0.31% 3.03TCr
16.89x0.65x7.39x2.96% 2.89TCr
87.37x3.88x51.32x-.--% 2.79TCr
28.36x0.9x9.65x3.28% 2.19TCr
15x0.36x5.24x4.13% 1.18TCr
7.73x1.72x5.53x2.55% 1.17TCr
16.62x0.39x6.04x4.3% 1.02TCr
19.29x0.73x8.08x2.98% 940.96Cr
Average 27.94x 1.24x 13.25x 2.92% 2.12TCr
Weighted average by Cap. 32.34x 1.39x 15.52x 2.84%

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