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 11,020 - -
Change - -18.26% 49.87% 24.84% 0.72% -2.62% - -
Enterprise Value (EV) 1 9,190 7,663 11,074 13,730 14,380 14,016 14,039 13,930
Change - -16.62% 44.51% 23.99% 4.73% -2.53% 0.16% -0.78%
P/E 150x 16.8x 15.6x 20.2x 30x 21.7x 18.5x 16.1x
PBR 1.82x 1.41x 2.26x 2.3x 2.69x 2.87x 2.89x 2.97x
PEG - 0x 0.3x 4.08x -1x 0.5x 1.1x 1.1x
Capitalization / Revenue 3.33x 1.42x 1.78x 2x 2.01x 1.89x 1.77x 1.67x
EV / Revenue 4.17x 1.81x 2.19x 2.45x 2.55x 2.41x 2.26x 2.11x
EV / EBITDA 418x 11.4x 11x 12.3x 12x 11x 10x 9.17x
EV / EBIT -40.3x 17.1x 15.3x 17.5x 17.8x 15.1x 13.4x 12.1x
EV / FCF -15.6x 19.2x 27.8x 31.2x 23.5x 21x 18.9x 17x
FCF Yield -6.4% 5.22% 3.59% 3.2% 4.26% 4.76% 5.28% 5.88%
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% 2.97% 3.39% 3.76%
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 48.99 48.99 48.99
Nbr of stocks (in thousands) 258,225 257,174 260,110 238,847 234,673 224,944 - -
Announcement Date 2/24/22 2/23/23 2/22/24 2/20/25 2/19/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
33.67x4.18x19.59x0.75% 99.18B
40.09x6.82x22x0.18% 76.37B
28.58x10.74x19.33x1.26% 24.44B
62.07x3x18.27x0.31% 18B
47.72x9.4x27.58x0.45% 11.22B
10.32x1.9x7.46x3.26% 4.63B
45.5x8.88x25.54x0.36% 4.09B
13.86x1.36x5.11x3.06% 3.97B
9.91x1.41x6.45x-.--% 3.96B
Average 32.41x 5.30x 16.81x 1.07% 27.32B
Weighted average by Cap. 36.93x 5.75x 20.01x 0.64%

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