Company Valuation: Moncler

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 17,258 13,307 15,047 13,796 14,916 13,039 - -
Change - -22.9% 13.07% -8.31% 8.12% -12.58% - -
Enterprise Value (EV) 1 16,529 13,326 14,818 13,411 13,458 12,597 12,240 12,067
Change - -19.38% 11.2% -9.5% 0.35% -6.4% -2.83% -1.41%
P/E 43.6x 22.1x 24.6x 21.6x 23.8x 20x 18.4x 17x
PBR 6.8x 4.59x 4.68x 3.85x 3.87x 3.15x 2.94x 2.73x
PEG - 0.4x 27.55x 4.88x -11.23x 5.35x 2.17x 1.97x
Capitalization / Revenue 8.43x 5.11x 5.04x 4.44x 4.76x 3.97x 3.72x 3.46x
EV / Revenue 8.08x 5.12x 4.97x 4.31x 4.3x 3.84x 3.49x 3.2x
EV / EBITDA 23.9x 15.1x 12.5x - 10.5x 9.37x 8.44x 7.7x
EV / EBIT 27.4x 17.2x 16.6x 14.6x 14.7x 13x 11.7x 10.7x
EV / FCF 30x 40.7x 20x 20.8x 25.4x 17.6x 16.7x 15.1x
FCF Yield 3.33% 2.46% 5% 4.81% 3.93% 5.68% 5.98% 6.64%
Dividend per Share 2 0.6 1.12 1.15 1.3 1.4 1.395 1.465 1.6
Rate of return 0.94% 2.26% 2.06% 2.55% 2.55% 2.91% 3.06% 3.34%
EPS 2 1.47 2.24 2.26 2.36 2.31 2.396 2.599 2.823
Distribution rate 40.8% 50% 50.9% 55.1% 60.6% 58.2% 56.4% 56.7%
Net sales 1 2,046 2,603 2,984 3,109 3,132 3,283 3,510 3,766
EBITDA 1 691.9 880.1 1,186 - 1,283 1,345 1,450 1,567
EBIT 1 603.1 774.5 893.8 916.3 913.4 966.8 1,044 1,128
Net income 1 393.5 606.7 611.9 639.6 626.7 651.7 707.6 769.9
Net Debt 1 -729.6 19.17 -228.5 -384.7 -1,458 -442.5 -799.3 -971.8
Reference price 2 64.02 49.50 55.70 50.98 54.92 47.94 47.94 47.94
Nbr of stocks (in thousands) 2,69,576 2,68,824 2,70,137 2,70,606 2,71,598 2,71,990 - -
Announcement Date 24/02/22 28/02/23 28/02/24 13/02/25 19/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
21.03x3.13x10.54x2.78% 26TCr
20.32x2.63x13.37x1.03% 2.22TCr
10.35x1x4.79x-.--% 1.3TCr
15.93x1.58x10.35x2.43% 944.42Cr
13.26x2.04x8.63x2.03% 926.77Cr
12.74x1.61x7.03x6.59% 703.87Cr
16.61x1.01x9.4x2.12% 668.17Cr
Average 15.75x 1.86x 9.16x 2.43% 4.69TCr
Weighted average by Cap. 19.93x 2.86x 10.35x 2.59%

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