Company Valuation: Accor SA

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 10,413 - -
Change - -18.26% 49.87% 24.84% 0.72% -7.98% - -
Enterprise Value (EV) 1 9,190 7,663 11,074 13,730 14,380 13,409 13,432 13,323
Change - -16.62% 44.51% 23.99% 4.73% -6.75% 0.17% -0.81%
P/E 150x 16.8x 15.6x 20.2x 30x 20.5x 17.4x 15.2x
PBR 1.82x 1.41x 2.26x 2.3x 2.69x 2.72x 2.73x 2.8x
PEG - 0x 0.3x 4.08x -1x 0.5x 1x 1x
Capitalization / Revenue 3.33x 1.42x 1.78x 2x 2.01x 1.79x 1.67x 1.58x
EV / Revenue 4.17x 1.81x 2.19x 2.45x 2.55x 2.3x 2.16x 2.02x
EV / EBITDA 418x 11.4x 11x 12.3x 12x 10.6x 9.61x 8.77x
EV / EBIT -40.3x 17.1x 15.3x 17.5x 17.8x 14.4x 12.8x 11.5x
EV / FCF -15.6x 19.2x 27.8x 31.2x 23.5x 20.1x 18.1x 16.3x
FCF Yield -6.4% 5.22% 3.59% 3.2% 4.26% 4.98% 5.52% 6.15%
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% 3.15% 3.58% 3.98%
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 46.29 46.29 46.29
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.1x4.12x19.27x0.77% 97.51B
38.59x6.62x21.33x0.18% 73.81B
26.9x10.19x18.34x1.34% 22.98B
60.21x2.95x17.95x0.32% 17.65B
45.34x9.02x26.38x0.47% 10.7B
10.55x1.93x7.55x3.17% 4.63B
13.86x1.36x5.11x3.06% 3.91B
11.46x1.41x6.47x-.--% 3.87B
32.97x7.01x20.09x0.8% 3.54B
Average 30.33x 4.96x 15.83x 1.12% 26.51B
Weighted average by Cap. 35.65x 5.52x 19.38x 0.67%

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