Company Valuation: Danone

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 35,530 30,830 37,646 41,915 49,156 39,601 - -
Change - -13.23% 22.11% 11.34% 17.28% -19.44% - -
Enterprise Value (EV) 1 46,030 40,937 47,867 50,516 57,587 48,267 47,311 46,496
Change - -11.06% 16.93% 5.53% 14% -16.18% -1.98% -1.72%
P/E 18.6x 33.3x 45.1x 20.8x 27.2x 16.7x 15.3x 14.3x
PBR 2.02x 1.76x 2.33x 2.59x 2.93x 2.21x 2.09x 1.97x
PEG - -0.7x -3.7x 0x -2.75x 0.5x 1.66x 2.1x
Capitalization / Revenue 1.46x 1.11x 1.36x 1.53x 1.8x 1.41x 1.35x 1.3x
EV / Revenue 1.9x 1.48x 1.73x 1.85x 2.11x 1.72x 1.61x 1.52x
EV / EBITDA 10x 7.81x 9.4x 10.7x 11.5x 9.75x 9.03x 8.48x
EV / EBIT 13.8x 12.1x 13.8x 14.2x 15.7x 12.6x 11.6x 10.8x
EV / FCF 18.9x 19.6x 18.2x 16.8x 20.6x 19.8x 17x 15.9x
FCF Yield 5.28% 5.11% 5.5% 5.94% 4.86% 5.04% 5.87% 6.28%
Dividend per Share 2 1.94 2 2.1 2.15 2.25 2.336 2.492 2.645
Rate of return 3.55% 4.06% 3.58% 3.3% 2.93% 3.8% 4.05% 4.3%
EPS 2 2.94 1.48 1.3 3.13 2.82 3.695 4.037 4.311
Distribution rate 66% 135% 162% 68.7% 79.8% 63.2% 61.7% 61.4%
Net sales 1 24,281 27,661 27,619 27,376 27,283 28,122 29,437 30,525
EBITDA 1 4,602 5,240 5,092 4,726 5,020 4,948 5,242 5,484
EBIT 1 3,337 3,377 3,481 3,558 3,665 3,828 4,090 4,307
Net income 1 1,924 959 881 2,021 1,825 2,305 2,523 2,705
Net Debt 1 10,500 10,107 10,221 8,601 8,431 8,666 7,710 6,894
Reference price 2 54.59 49.23 58.68 65.12 76.78 61.56 61.56 61.56
Nbr of stocks (in thousands) 6,50,849 6,26,246 6,41,543 6,43,653 6,40,218 6,43,298 - -
Announcement Date 23/02/22 22/02/23 22/02/24 26/02/25 20/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.66x1.72x9.75x3.8% 4.46TCr
21.67x2.92x14.57x3.81% 26TCr
19.88x2.54x15.12x3.22% 8.16TCr
15.28x0.54x9.78x2.52% 3.98TCr
20.68x3.15x12.8x3.38% 3.43TCr
36.14x3.12x18.19x1.03% 3.19TCr
26.13x5.5x17.54x3.21% 2.97TCr
-8.35x1.83x9.13x6.77% 2.81TCr
17.57x1.69x11.92x4.85% 2.67TCr
Average 18.41x 2.56x 13.20x 3.62% 6.38TCr
Weighted average by Cap. 19.90x 2.66x 13.80x 3.62%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Danone

Historical PBR trend

Valuation ratios - PBR - Danone

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Danone

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Danone


Year-on-year evolution of the Yield

Valuation ratios - Yield - Danone