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 10,778 - -
Change - -18.26% 49.87% 24.84% 0.72% -4.75% - -
Enterprise Value (EV) 1 9,190 7,663 11,074 13,730 14,380 13,973 13,902 13,797
Change - -16.62% 44.51% 23.99% 4.73% -2.83% -0.51% -0.75%
P/E 150x 16.8x 15.6x 20.2x 30x 20.8x 17.1x 15x
PBR 1.82x 1.41x 2.26x 2.3x 2.69x 3.44x 2.64x 2.66x
PEG - 0x 0.3x 4.08x -1x 0.5x 0.8x 1.1x
Capitalization / Revenue 3.33x 1.42x 1.78x 2x 2.01x 1.86x 1.74x 1.64x
EV / Revenue 4.17x 1.81x 2.19x 2.45x 2.55x 2.41x 2.24x 2.1x
EV / EBITDA 418x 11.4x 11x 12.3x 12x 11x 9.96x 9.1x
EV / EBIT -40.3x 17.1x 15.3x 17.5x 17.8x 15.1x 13.3x 12x
EV / FCF -15.6x 19.2x 27.8x 31.2x 23.5x 19.9x 18.4x 16.5x
FCF Yield -6.4% 5.22% 3.59% 3.2% 4.26% 5.01% 5.44% 6.06%
Dividend per Share 2 - 0.71 1.05 1.18 1.26 1.448 1.637 1.828
Rate of return - 3.04% 3.03% 2.51% 2.61% 3.13% 3.53% 3.95%
EPS 2 0.19 1.39 2.22 2.33 1.61 2.226 2.707 3.086
Distribution rate - 51.1% 47.3% 50.6% 78.3% 65.1% 60.5% 59.3%
Net sales 1 2,204 4,224 5,056 5,606 5,639 5,793 6,193 6,563
EBITDA 1 22 675 1,003 1,120 1,201 1,268 1,396 1,516
EBIT 1 -228 447 723 786 807 923.1 1,046 1,153
Net income 1 85 402 633 610 449 526.8 625.9 701.3
Net Debt 1 1,844 1,658 2,074 2,495 3,064 3,195 3,124 3,019
Reference price 2 28.45 23.35 34.60 47.04 48.22 46.34 46.34 46.34
Nbr of stocks (in thousands) 258,225 257,174 260,110 238,847 234,673 232,589 - -
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.86x2.42x11.04x3.12% 12.46B
31.33x3.91x18.2x0.82% 91.14B
38.08x6.43x20.6x0.19% 70.82B
27.16x10.18x18.34x1.33% 23.01B
53.48x2.76x16.86x0.35% 16.27B
45.26x9.02x26.4x0.47% 10.82B
10.14x1.91x7.4x3.29% 4.52B
17.93x1.4x9.45x2.79% 3.95B
13.51x1.34x5.17x3.19% 3.89B
11.7x1.37x6.41x-.--% 3.34B
Average 26.94x 4.07x 13.99x 1.55% 24.02B
Weighted average by Cap. 33.32x 5.17x 18.11x 0.86%

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