Company Valuation: L'Oréal

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,32,521 1,78,538 2,40,974 1,82,877 1,95,473 1,99,326 - -
Change - -23.22% 34.97% -24.11% 6.89% 1.97% - -
Enterprise Value (EV) 1 2,31,489 1,81,571 2,45,378 1,87,319 1,97,524 2,07,644 2,04,883 2,01,657
Change - -21.56% 35.14% -23.66% 5.45% 5.12% -1.33% -1.57%
P/E 50.8x 31.4x 39.1x 28.6x 32x 28.7x 25.7x 23.5x
PBR 9.9x 6.57x 8.32x 5.52x 5.6x 5.32x 4.86x 4.44x
PEG - 1.1x 4.56x 7.66x -7.5x 2.1x 2.2x 2.48x
Capitalization / Revenue 7.2x 4.67x 5.85x 4.21x 4.44x 4.24x 3.99x 3.76x
EV / Revenue 7.17x 4.75x 5.96x 4.31x 4.48x 4.42x 4.1x 3.81x
EV / EBITDA 29.1x 20.2x 24.9x 17.8x 18.4x 18.2x 16.8x 15.4x
EV / EBIT 37.6x 24.3x 30.1x 21.6x 22.2x 21.6x 19.7x 18.1x
EV / FCF 40.9x 36.7x 40x 28.1x 27.6x 28.7x 25.5x 23.4x
FCF Yield 2.44% 2.72% 2.5% 3.55% 3.63% 3.48% 3.92% 4.28%
Dividend per Share 2 4.8 6 6.6 6.667 7.2 7.768 8.382 9.052
Rate of return 1.15% 1.8% 1.46% 1.95% 1.96% 2.07% 2.24% 2.42%
EPS 2 8.21 10.61 11.52 11.95 11.44 13.04 14.54 15.92
Distribution rate 58.5% 56.6% 57.3% 55.8% 62.9% 59.6% 57.6% 56.9%
Net sales 1 32,288 38,261 41,182 43,487 44,052 47,025 49,979 52,991
EBITDA 1 7,941 8,993 9,858 10,543 10,709 11,393 12,228 13,068
EBIT 1 6,160 7,457 8,143 8,688 8,892 9,595 10,393 11,129
Net income 1 4,597 5,707 6,184 6,409 6,127 6,992 7,764 8,442
Net Debt 1 -1,033 3,033 4,404 4,443 2,051 8,319 5,558 2,331
Reference price 2 416.95 333.60 450.65 341.85 366.60 374.40 374.40 374.40
Nbr of stocks (in thousands) 5,57,672 5,35,187 5,34,725 5,34,962 5,33,205 5,32,387 - -
Announcement Date 09/02/22 09/02/23 08/02/24 06/02/25 12/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.81x4.15x15.22x2.96% 34TCr
28.65x4.41x18.19x2.08% 22TCr
17.95x2.7x11.93x3.52% 13TCr
24.06x3.55x14.95x2.44% 6.96TCr
39.35x6.33x27.47x2.38% 4.62TCr
51.37x7.25x27.97x0.3% 4.53TCr
18.53x2.62x10.93x4.8% 3.38TCr
32.09x2.43x13.53x1.67% 3.38TCr
14.51x2.36x10.91x5.33% 3.22TCr
Average 27.59x 3.98x 16.79x 2.83% 10.67TCr
Weighted average by Cap. 25.29x 4.05x 16.28x 2.74%

Y-o-Y evolution of P/E

Valuation ratios - P/E - L'Oréal

Historical PBR trend

Valuation ratios - PBR - L'Oréal

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - L'Oréal

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - L'Oréal


Year-on-year evolution of the Yield

Valuation ratios - Yield - L'Oréal