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 88,078 108,737 - -
Change - 27.51% -1.15% 13.78% -6.8% 23.45% - -
Enterprise Value (EV) 1 67,278 84,880 75,611 86,251 79,582 99,529 98,486 96,813
Change - 26.16% -10.92% 14.07% -7.73% 25.06% -1.05% -1.7%
P/E 31.9x 271x 34.7x 34.3x 25.4x 24.6x 21.4x 19.1x
PBR 3.02x 4.04x 3.99x 4.27x 3.67x 4.19x 3.84x 3.52x
PEG - -3.2x 0x 2.4x 1x 0.9x 1.5x 1.5x
Capitalization / Revenue 3.44x 4.21x 4.03x 4.42x 3.93x 4.31x 4.01x 3.74x
EV / Revenue 3.51x 4.25x 3.67x 4.03x 3.55x 3.95x 3.63x 3.33x
EV / EBITDA 13.6x 13.1x 12.1x 14.3x 13x 13.9x 12.3x 11x
EV / EBIT 19.8x 16.9x 15.8x 19.3x 17.7x 18x 15.7x 13.8x
EV / FCF 17.6x 23.4x 19.8x 25.3x 20.3x 28.9x 21.6x 19.1x
FCF Yield 5.69% 4.28% 5.06% 3.95% 4.92% 3.46% 4.64% 5.24%
Dividend per Share 2 2.186 2.566 2.787 3.206 3.621 4.314 4.815 5.329
Rate of return 1.9% 1.74% 1.97% 2% 2.42% 2.33% 2.61% 2.88%
EPS 2 3.611 0.543 4.077 4.671 5.909 7.516 8.62 9.682
Distribution rate 60.5% 473% 68.4% 68.6% 61.3% 57.4% 55.9% 55%
Net sales 1 19,181 19,953 20,616 21,399 22,420 25,206 27,104 29,042
EBITDA 1 4,943 6,504 6,226 6,027 6,101 7,169 8,023 8,813
EBIT 1 3,390 5,031 4,794 4,467 4,492 5,521 6,286 7,039
Net income 1 2,074 313 2,362 2,751 3,484 4,395 5,056 5,637
Net Debt 1 1,381 852 -7,450 -8,257 -8,496 -9,209 -10,252 -11,925
Reference price 2 115.35 147.14 141.34 160.09 149.81 184.82 184.82 184.82
Nbr of stocks (in thousands) 571,280 571,057 587,682 590,354 587,940 588,340 - -
Announcement Date 5/20/22 5/12/23 5/17/24 5/16/25 5/22/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.59x3.95x13.88x2.33% 126B
69.72x4.96x46.35x0.37% 46.51B
10.95x1.25x8.08x6.64% 14.68B
12.38x2.09x6.71x2.58% 8.74B
7.89x1.72x6.1x9.63% 8.33B
10.81x0.17x2.57x5.53% 2.07B
21.36x - - - 1.93B
9.94x1.22x6.12x7.78% 1.69B
10.44x - - 5.66% 1.66B
Average 19.79x 2.19x 12.83x 5.06% 23.53B
Weighted average by Cap. 32.00x 3.76x 19.94x 2.6%

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
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