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 2,03,292 - -
Change - -23.22% 34.97% -24.11% 6.89% 4% - -
Enterprise Value (EV) 1 2,31,489 1,81,571 2,45,378 1,87,319 1,97,524 2,11,618 2,08,854 2,05,639
Change - -21.56% 35.14% -23.66% 5.45% 7.14% -1.31% -1.54%
P/E 50.8x 31.4x 39.1x 28.6x 32x 29.3x 26.2x 24x
PBR 9.9x 6.57x 8.32x 5.52x 5.6x 5.44x 4.97x 4.55x
PEG - 1.1x 4.56x 7.66x -7.5x 2.1x 2.2x 2.64x
Capitalization / Revenue 7.2x 4.67x 5.85x 4.21x 4.44x 4.33x 4.07x 3.84x
EV / Revenue 7.17x 4.75x 5.96x 4.31x 4.48x 4.5x 4.19x 3.89x
EV / EBITDA 29.1x 20.2x 24.9x 17.8x 18.4x 18.6x 17.1x 15.8x
EV / EBIT 37.6x 24.3x 30.1x 21.6x 22.2x 22x 20.1x 18.5x
EV / FCF 40.9x 36.7x 40x 28.1x 27.6x 29.3x 26x 23.8x
FCF Yield 2.44% 2.72% 2.5% 3.55% 3.63% 3.42% 3.84% 4.19%
Dividend per Share 2 4.8 6 6.6 6.667 7.2 7.766 8.37 9.03
Rate of return 1.15% 1.8% 1.46% 1.95% 1.96% 2.03% 2.19% 2.36%
EPS 2 8.21 10.61 11.52 11.95 11.44 13.03 14.57 15.9
Distribution rate 58.5% 56.6% 57.3% 55.8% 62.9% 59.6% 57.4% 56.8%
Net sales 1 32,288 38,261 41,182 43,487 44,052 46,987 49,895 52,907
EBITDA 1 7,941 8,993 9,858 10,543 10,709 11,381 12,202 13,042
EBIT 1 6,160 7,457 8,143 8,688 8,892 9,603 10,370 11,107
Net income 1 4,597 5,707 6,184 6,409 6,127 6,983 7,777 8,431
Net Debt 1 -1,033 3,033 4,404 4,443 2,051 8,326 5,562 2,348
Reference price 2 416.95 333.60 450.65 341.85 366.60 381.85 381.85 381.85
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.($)
29.3x4.5x18.6x2.03% 23TCr
52.11x7.44x28.58x0.3% 4.59TCr
23.81x4.33x16.84x1.43% 1.02TCr
31.47x1.59x11.81x1.74% 888.8Cr
23.96x1.7x10.94x1.14% 645.95Cr
53.21x3.25x15.83x-.--% 587.19Cr
24.14x2.44x13.11x2.71% 377.68Cr
11.86x1.44x8.05x3.42% 329.43Cr
22.66x3x14.37x3.29% 303.97Cr
18.19x1.33x9.25x0.69% 255.62Cr
Average 29.07x 3.10x 14.74x 1.67% 3.22TCr
Weighted average by Cap. 32.38x 4.66x 19.29x 1.73%

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

  1. Stock Market
  2. Stocks
  3. OR Stock
  4. Valuation L'Oréal