Valuation Kering

Equities

Market Closed - Euronext Paris Other stock markets 11:55:00 2026-05-14 am EDT			5-day change	1st Jan Change
244.35 ^EUR	+1.56%		-0.99%	-18.82%

May. 12	KERING : Barclays Upgrades to Neutral	ZD
May. 11	CAC 40: Luxury and Geopolitics Weigh on Sentiment

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	87,474	58,122	48,537	29,206	36,903	29,962	-	-
Change	-	-33.56%	-16.49%	-39.83%	26.35%	-18.81%	-	-
Enterprise Value (EV) ¹	92,144	60,428	57,041	39,706	44,942	39,182	38,933	38,337
Change	-	-34.42%	-5.61%	-30.39%	13.19%	-12.82%	-0.64%	-1.53%
P/E ratio	27.7x	16.2x	16.4x	25.8x	510x	40.3x	26.1x	19.5x
PBR	6.57x	4.15x	3.22x	1.96x	2.51x	1.99x	1.88x	1.77x
PEG	-	1.1x	-1x	-0.4x	-5.4x	0x	0.5x	0.6x
Capitalization / Revenue	4.96x	2.86x	2.48x	1.7x	2.51x	2.03x	1.91x	1.79x
EV / Revenue	5.22x	2.97x	2.92x	2.31x	3.06x	2.66x	2.49x	2.29x
EV / EBITDA	14.2x	8.33x	8.68x	8.51x	12.2x	10.4x	9.02x	7.89x
EV / EBIT	18.4x	10.8x	12x	15.5x	27.6x	20.9x	16.7x	13.5x
EV / FCF	23.4x	18.8x	28.8x	28.4x	19.5x	15.3x	17.9x	16x
FCF Yield	4.28%	5.31%	3.48%	3.53%	5.12%	6.54%	5.58%	6.26%
Dividend per Share ²	12	14	14	6	3	3.655	5.146	6.803
Rate of return	1.7%	2.94%	3.51%	2.52%	1%	1.5%	2.11%	2.78%
EPS ²	25.49	29.31	24.37	9.24	0.59	6.057	9.358	12.52
Distribution rate	47.1%	47.8%	57.4%	64.9%	508%	60.3%	55%	54.3%
Net sales ¹	17,645	20,351	19,566	17,194	14,675	14,726	15,665	16,754
EBITDA ¹	6,470	7,255	6,569	4,667	3,675	3,784	4,316	4,857
EBIT ¹	5,017	5,589	4,746	2,554	1,631	1,871	2,329	2,842
Net income ¹	3,176	3,614	2,983	1,133	72	747.5	1,155	1,529
Net Debt ¹	4,670	2,306	8,504	10,500	8,039	9,220	8,971	8,375
Reference price ²	706.90	475.50	399.00	238.25	301.00	244.35	244.35	244.35
Nbr of stocks (in thousands)	123,744	122,233	121,646	122,587	122,601	122,620	-	-
Announcement Date	2/17/22	2/15/23	2/8/24	2/11/25	2/10/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
KERING	39.84x	2.63x	10.23x	1.52%	34.55B
INDITEX	22.56x	3.32x	11.74x	3.96%	179B
FAST RETAILING CO., LTD.	45.66x	5.43x	23.05x	0.81%	141B
ROSS STORES, INC.	28.67x	2.66x	18.07x	0.84%	68.22B
HENNES & MAURITZ AB	19.04x	1.36x	7.53x	4.71%	26.96B
TAPESTRY, INC.	19.49x	3.53x	14.04x	1.2%	26.81B
NEXT PLC	15.72x	2.24x	10.04x	2.28%	19.41B
BURLINGTON STORES, INC.	25.19x	1.48x	12.64x	-.--%	17.99B
LPP SA	14.51x	1.63x	7.3x	4.28%	10.37B
THE GAP, INC.	8.56x	0.41x	3.79x	3.24%	7.68B
Average	23.92x	2.47x	11.84x	2.28%	53.18B
Weighted average by Cap.	29.74x	3.48x	15.12x	2.27%