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 1,22,131 - -
Change - 27.51% -1.15% 13.78% -6.8% 38.66% - -
Enterprise Value (EV) 1 67,278 84,880 75,611 86,251 79,582 1,13,084 1,11,993 1,10,373
Change - 26.16% -10.92% 14.07% -7.73% 42.1% -0.96% -1.45%
P/E 31.9x 271x 34.7x 34.3x 25.4x 27.5x 24.2x 21.5x
PBR 3.02x 4.04x 3.99x 4.27x 3.67x 4.71x 4.34x 3.98x
PEG - -3.2x 0x 2.4x 1x 1x 1.7x 1.7x
Capitalization / Revenue 3.44x 4.21x 4.03x 4.42x 3.93x 4.87x 4.53x 4.24x
EV / Revenue 3.51x 4.25x 3.67x 4.03x 3.55x 4.51x 4.16x 3.84x
EV / EBITDA 13.6x 13.1x 12.1x 14.3x 13x 16x 14.1x 12.6x
EV / EBIT 19.8x 16.9x 15.8x 19.3x 17.7x 20.9x 18x 15.8x
EV / FCF 17.6x 23.4x 19.8x 25.3x 20.3x 32.8x 25.6x 22.7x
FCF Yield 5.69% 4.28% 5.06% 3.95% 4.92% 3.05% 3.9% 4.4%
Dividend per Share 2 2.186 2.566 2.787 3.206 3.621 4.31 4.815 5.298
Rate of return 1.9% 1.74% 1.97% 2% 2.42% 2.08% 2.32% 2.55%
EPS 2 3.611 0.543 4.077 4.671 5.909 7.538 8.593 9.665
Distribution rate 60.5% 473% 68.4% 68.6% 61.3% 57.2% 56% 54.8%
Net sales 1 19,181 19,953 20,616 21,399 22,420 25,100 26,933 28,773
EBITDA 1 4,943 6,504 6,226 6,027 6,101 7,084 7,956 8,745
EBIT 1 3,390 5,031 4,794 4,467 4,492 5,421 6,224 6,975
Net income 1 2,074 313 2,362 2,751 3,484 4,357 5,023 5,596
Net Debt 1 1,381 852 -7,450 -8,257 -8,496 -9,047 -10,137 -11,758
Reference price 2 115.35 147.14 141.34 160.09 149.81 207.59 207.59 207.59
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.($)
69.31x4.74x44.93x0.33% 4.31TCr
11.77x1.34x8.64x6.23% 1.57TCr
7.22x1.46x5.29x9.72% 883.63Cr
12.14x2.02x6.69x2.71% 808.95Cr
11.64x0.19x3.09x5.13% 223.63Cr
10.77x1.28x6.65x8.06% 197.91Cr
20.75x - - - 185.27Cr
8.71x - - 6.12% 176.48Cr
12.93x - - 6.89% 135.11Cr
Average 18.36x 1.84x 12.55x 5.65% 943.4Cr
Weighted average by Cap. 40.64x 3.22x 27.42x 3.22%

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