Company Valuation: Carrefour

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 12,343 12,040 11,582 9,105 10,050 11,158 - -
Change - -2.46% -3.81% -21.39% 10.38% 11.03% - -
Enterprise Value (EV) 1 19,538 20,911 19,681 18,428 19,463 19,580 19,054 18,399
Change - 7.03% -5.88% -6.37% 5.62% 0.6% -2.68% -3.44%
P/E 11.8x 8.69x 7.13x 13.6x 30.5x 11.6x 9.37x 8.98x
PBR 1.22x 1.04x 0.99x 0.82x 0.92x 1x 0.95x 0.91x
PEG - 0.3x 0.2x -0.2x -0.6x 0x 0.4x 2.06x
Capitalization / Revenue 0.17x 0.15x 0.14x 0.11x 0.12x 0.14x 0.13x 0.13x
EV / Revenue 0.27x 0.26x 0.24x 0.22x 0.24x 0.24x 0.23x 0.21x
EV / EBITDA 4.29x 4.53x 4.32x 3.97x 4.32x 4.32x 4.02x 3.7x
EV / EBIT 8.6x 8.8x 8.69x 8.33x 9.02x 8.42x 7.67x 7x
EV / FCF 9.73x 8.95x 12.1x 12.6x 8.03x 11x 16.4x 16.7x
FCF Yield 10.3% 11.2% 8.24% 7.91% 12.5% 9.08% 6.11% 6%
Dividend per Share 2 0.52 0.56 0.87 0.92 0.97 1.041 1.068 1.111
Rate of return 3.23% 3.58% 5.25% 6.7% 6.82% 6.6% 6.78% 7.04%
EPS 2 1.362 1.8 2.324 1.013 0.4671 1.365 1.684 1.757
Distribution rate 38.2% 31.1% 37.4% 90.9% 208% 76.3% 63.5% 63.2%
Net sales 1 72,958 81,385 83,270 85,445 82,102 81,998 83,478 85,590
EBITDA 1 4,550 4,613 4,559 4,637 4,506 4,530 4,735 4,974
EBIT 1 2,272 2,377 2,264 2,213 2,158 2,324 2,485 2,627
Net income 1 1,072 1,348 1,659 723 319 1,022 1,187 1,218
Net Debt 1 7,195 8,871 8,099 9,323 9,413 8,421 7,896 7,240
Reference price 2 16.10 15.64 16.56 13.73 14.23 15.77 15.77 15.77
Nbr of stocks (in thousands) 766,438 769,845 699,183 663,135 706,234 707,563 - -
Announcement Date 2/16/22 2/14/23 2/20/24 2/19/25 2/17/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.92x0.88x5.96x6.2% 37.88B
39.13x1.59x20.01x0.31% 30.86B
17.45x0.64x7.39x2.86% 30.75B
71.48x3.16x41.44x-.--% 26.73B
29.64x0.92x9.85x3.19% 22.87B
11.55x0.24x4.32x6.6% 12.9B
16.32x0.38x5.59x3.81% 12.71B
7.86x1.73x5.55x2.53% 11.86B
17.51x0.4x6.12x3.97% 10.4B
Average 25.65x 1.11x 11.80x 3.27% 21.88B
Weighted average by Cap. 29.03x 1.22x 13.51x 3.1%

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