Company Valuation: COMPAGNIE FINANCIERE RICHEMONT

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 46,353 65,897 84,028 83,061 94,508 1,02,267 - -
Change - 42.16% 27.51% -1.15% 13.78% 8.21% - -
Enterprise Value (EV) 1 48,510 67,278 84,880 75,611 86,251 93,272 92,096 90,754
Change - 38.69% 26.16% -10.92% 14.07% 8.14% -1.26% -1.46%
P/E ratio 35.7x 31.9x 271x 34.7x 34.3x 27.8x 24.6x 21.4x
PBR 2.61x 3.02x 4.04x 3.99x 4.27x 4.3x 3.95x 3.61x
PEG - 0.6x -3.2x 0x 2.4x 0.8x 1.9x 1.4x
Capitalization / Revenue 3.53x 3.44x 4.21x 4.03x 4.42x 4.57x 4.27x 3.98x
EV / Revenue 3.69x 3.51x 4.25x 3.67x 4.03x 4.17x 3.85x 3.54x
EV / EBITDA 16.2x 13.6x 13.1x 12.1x 14.3x 15.1x 13.6x 12x
EV / EBIT 32.8x 19.8x 16.9x 15.8x 19.3x 20.4x 18.1x 15.6x
EV / FCF 17.6x 17.6x 23.4x 19.8x 25.3x 31x 27.1x 23x
FCF Yield 5.68% 5.69% 4.28% 5.06% 3.95% 3.23% 3.69% 4.35%
Dividend per Share 2 1.828 2.186 2.566 2.787 3.206 3.364 3.816 4.173
Rate of return 2.23% 1.9% 1.74% 1.97% 2% 1.93% 2.19% 2.4%
EPS 2 2.296 3.611 0.543 4.077 4.671 6.266 7.066 8.141
Distribution rate 79.6% 60.5% 473% 68.4% 68.6% 53.7% 54% 51.3%
Net sales 1 13,144 19,181 19,953 20,616 21,399 22,362 23,951 25,668
EBITDA 1 3,000 4,943 6,504 6,226 6,027 6,182 6,789 7,549
EBIT 1 1,478 3,390 5,031 4,794 4,467 4,561 5,101 5,799
Net income 1 1,301 2,074 313 2,362 2,751 3,668 4,117 4,723
Net Debt 1 2,157 1,381 852 -7,450 -8,257 -8,995 -10,170 -11,512
Reference price 2 82.03 115.35 147.14 141.34 160.09 173.94 173.94 173.94
Nbr of stocks (in thousands) 5,65,081 5,71,280 5,71,057 5,87,682 5,90,354 5,87,940 - -
Announcement Date 21/05/21 20/05/22 12/05/23 17/05/24 16/05/25 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.76x4.17x15.09x1.93% 12TCr
75.77x5.26x49.42x0.35% 4.1TCr
15.83x1.57x8.27x5.21% 1.76TCr
23.67x4.28x17.81x2.59% 1.67TCr
9.22x1.61x5.51x3.79% 639.41Cr
20.75x - - 2.86% 285.06Cr
14.68x0.27x4.65x3.07% 274.9Cr
18.6x - - 3.89% 262.39Cr
12.28x1.21x8.24x6.21% 194.83Cr
94.24x - - 0.53% 185.64Cr
Average 31.28x 2.62x 15.57x 3.04% 2.15TCr
Weighted average by Cap. 35.13x 4.02x 21.01x 2.08%

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