Company Valuation: COMPAGNIE FINANCIERE RICHEMONT

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 65,897 84,028 83,061 94,508 88,078 1,22,761 - -
Change - 27.51% -1.15% 13.78% -6.8% 39.38% - -
Enterprise Value (EV) 1 67,278 84,880 75,611 86,251 79,582 1,13,656 1,12,513 1,10,840
Change - 26.16% -10.92% 14.07% -7.73% 42.82% -1.01% -1.49%
P/E 31.9x 271x 34.7x 34.3x 25.4x 27.6x 24.1x 21.4x
PBR 3.02x 4.04x 3.99x 4.27x 3.67x 4.73x 4.33x 3.97x
PEG - -3.2x 0x 2.4x 1x 1x 1.7x 1.7x
Capitalization / Revenue 3.44x 4.21x 4.03x 4.42x 3.93x 4.88x 4.54x 4.24x
EV / Revenue 3.51x 4.25x 3.67x 4.03x 3.55x 4.52x 4.16x 3.82x
EV / EBITDA 13.6x 13.1x 12.1x 14.3x 13x 15.9x 14x 12.6x
EV / EBIT 19.8x 16.9x 15.8x 19.3x 17.7x 20.8x 18x 15.8x
EV / FCF 17.6x 23.4x 19.8x 25.3x 20.3x 32.3x 24.2x 21.4x
FCF Yield 5.69% 4.28% 5.06% 3.95% 4.92% 3.1% 4.13% 4.68%
Dividend per Share 2 2.186 2.566 2.787 3.206 3.621 4.297 4.803 5.314
Rate of return 1.9% 1.74% 1.97% 2% 2.42% 2.06% 2.3% 2.55%
EPS 2 3.611 0.543 4.077 4.671 5.909 7.553 8.649 9.732
Distribution rate 60.5% 473% 68.4% 68.6% 61.3% 56.9% 55.5% 54.6%
Net sales 1 19,181 19,953 20,616 21,399 22,420 25,135 27,026 28,980
EBITDA 1 4,943 6,504 6,226 6,027 6,101 7,150 8,018 8,808
EBIT 1 3,390 5,031 4,794 4,467 4,492 5,467 6,267 7,020
Net income 1 2,074 313 2,362 2,751 3,484 4,380 5,054 5,635
Net Debt 1 1,381 852 -7,450 -8,257 -8,496 -9,105 -10,248 -11,921
Reference price 2 115.35 147.14 141.34 160.09 149.81 208.66 208.66 208.66
Nbr of stocks (in thousands) 5,71,280 5,71,057 5,87,682 5,90,354 5,87,940 5,88,340 - -
Announcement Date 20/05/22 12/05/23 17/05/24 16/05/25 22/05/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
27.62x4.52x15.9x2.06% 14TCr
70.36x5.01x46.76x0.37% 4.7TCr
11.55x1.32x8.48x6.3% 1.55TCr
13.72x2.2x7.32x2.57% 911.52Cr
7.22x1.45x5.12x9.8% 780.23Cr
11.54x0.19x3.04x5.18% 222.18Cr
10.87x1.29x6.72x7.99% 200.53Cr
21.31x - - - 191.05Cr
9.08x - - 5.86% 184.86Cr
13.34x - - 6.68% 140.04Cr
Average 19.66x 2.28x 13.34x 5.2% 2.3TCr
Weighted average by Cap. 33.43x 4.13x 20.90x 2.42%

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 COMPAGNIE FINANCIERE RICHEMONT