Company Valuation: Accor

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,346 6,005 9,000 11,235 11,316 10,476 - -
Change - -18.26% 49.87% 24.84% 0.72% -7.43% - -
Enterprise Value (EV) 1 9,190 7,663 11,074 13,730 14,380 13,472 13,495 13,386
Change - -16.62% 44.51% 23.99% 4.73% -6.31% 0.17% -0.81%
P/E 150x 16.8x 15.6x 20.2x 30x 20.6x 17.5x 15.3x
PBR 1.82x 1.41x 2.26x 2.3x 2.69x 2.73x 2.75x 2.82x
PEG - 0x 0.3x 4.08x -1x 0.5x 1x 1x
Capitalization / Revenue 3.33x 1.42x 1.78x 2x 2.01x 1.8x 1.68x 1.59x
EV / Revenue 4.17x 1.81x 2.19x 2.45x 2.55x 2.31x 2.17x 2.03x
EV / EBITDA 418x 11.4x 11x 12.3x 12x 10.6x 9.66x 8.81x
EV / EBIT -40.3x 17.1x 15.3x 17.5x 17.8x 14.5x 12.9x 11.6x
EV / FCF -15.6x 19.2x 27.8x 31.2x 23.5x 20.2x 18.2x 16.3x
FCF Yield -6.4% 5.22% 3.59% 3.2% 4.26% 4.96% 5.49% 6.12%
Dividend per Share 2 - 0.71 1.05 1.18 1.26 1.457 1.659 1.843
Rate of return - 3.04% 3.03% 2.51% 2.61% 3.13% 3.56% 3.96%
EPS 2 0.19 1.39 2.22 2.33 1.61 2.26 2.654 3.046
Distribution rate - 51.1% 47.3% 50.6% 78.3% 64.5% 62.5% 60.5%
Net sales 1 2,204 4,224 5,056 5,606 5,639 5,824 6,222 6,602
EBITDA 1 22 675 1,003 1,120 1,201 1,270 1,398 1,519
EBIT 1 -228 447 723 786 807 930.1 1,048 1,156
Net income 1 85 402 633 610 449 543.7 617.7 692.3
Net Debt 1 1,844 1,658 2,074 2,495 3,064 2,996 3,019 2,910
Reference price 2 28.45 23.35 34.60 47.04 48.22 46.57 46.57 46.57
Nbr of stocks (in thousands) 258,225 257,174 260,110 238,847 234,673 224,944 - -
Announcement Date 24/2/22 23/2/23 22/2/24 20/2/25 19/2/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.61x2.31x10.61x3.13% 11.95B
32.81x4.09x19.16x0.76% 96.76B
38.26x6.61x21.3x0.19% 73.63B
27.1x10.25x18.45x1.33% 23.15B
61.75x2.98x18.13x0.32% 17.85B
46.02x9.04x26.56x0.45% 10.7B
10.1x1.87x7.33x3.34% 4.53B
14.21x1.38x5.19x2.98% 4.03B
11.22x1.4x6.41x-.--% 3.79B
33.62x7.15x20.5x0.78% 3.61B
Average 29.57x 4.71x 15.36x 1.33% 25B
Weighted average by Cap. 34.91x 5.37x 18.95x 0.78%

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