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 88,078 106,777 - -
Change - 27.51% -1.15% 13.78% -6.8% 21.23% - -
Enterprise Value (EV) 1 67,278 84,880 75,611 86,251 79,582 97,569 96,526 94,853
Change - 26.16% -10.92% 14.07% -7.73% 22.6% -1.07% -1.73%
P/E 31.9x 271x 34.7x 34.3x 25.4x 24.1x 21.1x 18.7x
PBR 3.02x 4.04x 3.99x 4.27x 3.67x 4.11x 3.76x 3.45x
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 4.24x 3.94x 3.68x
EV / Revenue 3.51x 4.25x 3.67x 4.03x 3.55x 3.87x 3.56x 3.27x
EV / EBITDA 13.6x 13.1x 12.1x 14.3x 13x 13.6x 12.1x 10.8x
EV / EBIT 19.8x 16.9x 15.8x 19.3x 17.7x 17.7x 15.4x 13.5x
EV / FCF 17.6x 23.4x 19.8x 25.3x 20.3x 28.3x 21.1x 18.7x
FCF Yield 5.69% 4.28% 5.06% 3.95% 4.92% 3.53% 4.73% 5.35%
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% 2.38% 2.66% 2.94%
EPS 2 3.611 0.543 4.077 4.671 5.909 7.51 8.6 9.684
Distribution rate 60.5% 473% 68.4% 68.6% 61.3% 57.4% 56% 55%
Net sales 1 19,181 19,953 20,616 21,399 22,420 25,199 27,093 29,042
EBITDA 1 4,943 6,504 6,226 6,027 6,101 7,164 8,007 8,813
EBIT 1 3,390 5,031 4,794 4,467 4,492 5,517 6,274 7,039
Net income 1 2,074 313 2,362 2,751 3,484 4,391 5,043 5,637
Net Debt 1 1,381 852 -7,450 -8,257 -8,496 -9,209 -10,252 -11,925
Reference price 2 115.35 147.14 141.34 160.09 149.81 181.28 181.28 181.28
Nbr of stocks (in thousands) 571,280 571,057 587,682 590,354 587,940 588,340 - -
Announcement Date 20/5/22 12/5/23 17/5/24 16/5/25 22/5/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
24.14x3.87x13.6x2.38% 122B
67.99x4.84x45.21x0.38% 45.23B
10.48x1.19x7.72x6.97% 13.85B
12.66x2.14x6.86x2.5% 8.83B
7.54x1.65x5.84x10.08% 7.95B
10.75x0.16x2.55x5.56% 2.06B
20.44x - - - 1.84B
9.67x1.18x5.92x8% 1.64B
10.07x - - 5.87% 1.6B
Average 19.30x 2.15x 12.53x 5.22% 22.73B
Weighted average by Cap. 31.37x 3.68x 19.53x 2.66%

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