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 1,08,870 - -
Change - 27.51% -1.15% 13.78% -6.8% 23.61% - -
Enterprise Value (EV) 1 67,278 84,880 75,611 86,251 79,582 99,661 98,619 96,946
Change - 26.16% -10.92% 14.07% -7.73% 25.23% -1.05% -1.7%
P/E 31.9x 271x 34.7x 34.3x 25.4x 24.7x 21.5x 19.1x
PBR 3.02x 4.04x 3.99x 4.27x 3.67x 4.2x 3.84x 3.52x
PEG - -3.2x 0x 2.4x 1x 0.9x 1.5x 1.5x
Capitalization / Revenue 3.44x 4.21x 4.03x 4.42x 3.93x 4.32x 4.02x 3.75x
EV / Revenue 3.51x 4.25x 3.67x 4.03x 3.55x 3.95x 3.64x 3.34x
EV / EBITDA 13.6x 13.1x 12.1x 14.3x 13x 13.9x 12.3x 11x
EV / EBIT 19.8x 16.9x 15.8x 19.3x 17.7x 18.1x 15.7x 13.8x
EV / FCF 17.6x 23.4x 19.8x 25.3x 20.3x 29x 21.6x 19.1x
FCF Yield 5.69% 4.28% 5.06% 3.95% 4.92% 3.45% 4.63% 5.24%
Dividend per Share 2 2.186 2.566 2.787 3.206 3.621 4.314 4.815 5.329
Rate of return 1.9% 1.74% 1.97% 2% 2.42% 2.33% 2.6% 2.88%
EPS 2 3.611 0.543 4.077 4.671 5.909 7.493 8.588 9.669
Distribution rate 60.5% 473% 68.4% 68.6% 61.3% 57.6% 56.1% 55.1%
Net sales 1 19,181 19,953 20,616 21,399 22,420 25,204 27,103 29,055
EBITDA 1 4,943 6,504 6,226 6,027 6,101 7,154 8,000 8,804
EBIT 1 3,390 5,031 4,794 4,467 4,492 5,507 6,267 7,029
Net income 1 2,074 313 2,362 2,751 3,484 4,381 5,036 5,626
Net Debt 1 1,381 852 -7,450 -8,257 -8,496 -9,209 -10,252 -11,925
Reference price 2 115.35 147.14 141.34 160.09 149.81 185.05 185.05 185.05
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.07x2.58x8.55x3.45% 21TCr
29.62x7.34x16.22x1.53% 15TCr
24.7x3.95x13.93x2.33% 12TCr
63.2x4.51x42.06x0.41% 4.18TCr
11.59x1.75x6.02x3.99% 2.63TCr
19.62x2.57x13.06x1.06% 2.16TCr
10.43x1.18x7.68x7.01% 1.38TCr
18.37x3.5x8.65x3.17% 1.33TCr
Average 24.32x 3.42x 14.52x 2.87% 7.54TCr
Weighted average by Cap. 24.74x 4.16x 13.95x 2.54%

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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  5. Valuation COMPAGNIE FINANCIERE RICHEMONT