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 1,21,631 - -
Change - 27.51% -1.15% 13.78% -6.8% 38.09% - -
Enterprise Value (EV) 1 67,278 84,880 75,611 86,251 79,582 1,12,526 1,11,382 1,09,710
Change - 26.16% -10.92% 14.07% -7.73% 41.4% -1.02% -1.5%
P/E 31.9x 271x 34.7x 34.3x 25.4x 27.4x 23.9x 21.2x
PBR 3.02x 4.04x 3.99x 4.27x 3.67x 4.69x 4.29x 3.94x
PEG - -3.2x 0x 2.4x 1x 1x 1.6x 1.7x
Capitalization / Revenue 3.44x 4.21x 4.03x 4.42x 3.93x 4.84x 4.5x 4.2x
EV / Revenue 3.51x 4.25x 3.67x 4.03x 3.55x 4.48x 4.12x 3.79x
EV / EBITDA 13.6x 13.1x 12.1x 14.3x 13x 15.7x 13.9x 12.5x
EV / EBIT 19.8x 16.9x 15.8x 19.3x 17.7x 20.6x 17.8x 15.6x
EV / FCF 17.6x 23.4x 19.8x 25.3x 20.3x 32x 24x 21.2x
FCF Yield 5.69% 4.28% 5.06% 3.95% 4.92% 3.13% 4.17% 4.72%
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% 2.08% 2.32% 2.57%
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 2 115.35 147.14 141.34 160.09 149.81 206.74 206.74 206.74
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.($)
27.37x4.48x15.74x2.08% 14TCr
70.6x5.09x47.52x0.36% 4.75TCr
11.63x1.33x8.54x6.25% 1.56TCr
12.92x2.04x6.91x2.65% 840.28Cr
7.49x1.51x5.32x9.46% 809.01Cr
11.72x0.19x3.11x5.1% 225.14Cr
10.88x1.3x6.73x7.98% 200.72Cr
21.92x - - - 196.56Cr
9.26x - - 5.75% 188.46Cr
14x - - 6.37% 146.91Cr
Average 19.78x 2.28x 13.41x 5.11% 2.3TCr
Weighted average by Cap. 33.44x 4.12x 21.06x 2.43%

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