Company Valuation: Kering

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 87,474 58,122 48,537 29,206 36,903 31,151 - -
Change - -33.56% -16.49% -39.83% 26.35% -15.59% - -
Enterprise Value (EV) 1 92,144 60,428 57,041 39,706 44,942 39,910 39,348 38,675
Change - -34.42% -5.61% -30.39% 13.19% -11.2% -1.41% -1.71%
P/E 27.7x 16.2x 16.4x 25.8x 510x 48.2x 27.6x 20.1x
PBR 6.57x 4.15x 3.22x 1.96x 2.51x 2.08x 1.97x 1.84x
PEG - 1.1x -1x -0.4x -5.4x 0x 0.4x 0.5x
Capitalization / Revenue 4.96x 2.86x 2.48x 1.7x 2.51x 2.12x 1.99x 1.85x
EV / Revenue 5.22x 2.97x 2.92x 2.31x 3.06x 2.71x 2.51x 2.3x
EV / EBITDA 14.2x 8.33x 8.68x 8.51x 12.2x 10.4x 9.28x 8.04x
EV / EBIT 18.4x 10.8x 12x 15.5x 27.6x 21.2x 16.7x 13.4x
EV / FCF 23.4x 18.8x 28.8x 28.4x 19.5x 20.9x 22.7x 20.5x
FCF Yield 4.28% 5.31% 3.48% 3.53% 5.12% 4.8% 4.4% 4.88%
Dividend per Share 2 12 14 14 6 3 3.395 4.958 6.59
Rate of return 1.7% 2.94% 3.51% 2.52% 1% 1.34% 1.95% 2.59%
EPS 2 25.49 29.31 24.37 9.24 0.59 5.273 9.215 12.66
Distribution rate 47.1% 47.8% 57.4% 64.9% 508% 64.4% 53.8% 52.1%
Net sales 1 17,645 20,351 19,566 17,194 14,675 14,729 15,678 16,795
EBITDA 1 6,470 7,255 6,569 4,667 3,675 3,838 4,238 4,807
EBIT 1 5,017 5,589 4,746 2,554 1,631 1,884 2,363 2,889
Net income 1 3,176 3,614 2,983 1,133 72 642.9 1,149 1,543
Net Debt 1 4,670 2,306 8,504 10,500 8,039 8,759 8,197 7,524
Reference price 2 706.90 475.50 399.00 238.25 301.00 254.05 254.05 254.05
Nbr of stocks (in thousands) 123,744 122,233 121,646 122,587 122,601 122,618 - -
Announcement Date 2/17/22 2/15/23 2/8/24 2/11/25 2/10/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
48.18x2.71x10.4x1.34% 36.18B
26.65x4.09x14.48x3.34% 210B
43.34x5.35x22.15x0.86% 139B
26.49x2.71x17.41x0.78% 73.31B
22.61x1.51x8.53x4.16% 29.29B
15.56x3.03x11.62x1.51% 24.6B
19.22x2.66x11.92x1.86% 24.09B
22.62x1.34x11.43x-.--% 16.32B
14.67x1.75x7.43x4.42% 10.39B
7.41x0.43x3.97x3.09% 7.84B
Average 24.67x 2.56x 11.93x 2.14% 57.1B
Weighted average by Cap. 30.47x 3.72x 15.57x 2.1%

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