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 11,854 - -
Change - -2.46% -3.81% -21.39% 10.38% 17.96% - -
Enterprise Value (EV) 1 19,538 20,911 19,681 18,428 19,463 20,515 20,009 19,391
Change - 7.03% -5.88% -6.37% 5.62% 5.41% -2.47% -3.09%
P/E 11.8x 8.69x 7.13x 13.6x 30.5x 10.3x 10x 9.51x
PBR 1.22x 1.04x 0.99x 0.82x 0.92x 1.07x 1.02x 0.96x
PEG - 0.3x 0.2x -0.2x -0.6x 0x 3.23x 1.75x
Capitalization / Revenue 0.17x 0.15x 0.14x 0.11x 0.12x 0.14x 0.14x 0.14x
EV / Revenue 0.27x 0.26x 0.24x 0.22x 0.24x 0.25x 0.24x 0.23x
EV / EBITDA 4.29x 4.53x 4.32x 3.97x 4.32x 4.42x 4.21x 3.88x
EV / EBIT 8.6x 8.8x 8.69x 8.33x 9.02x 8.73x 8.02x 7.34x
EV / FCF 9.73x 8.95x 12.1x 12.6x 8.03x 13.4x 17x 18.3x
FCF Yield 10.3% 11.2% 8.24% 7.91% 12.5% 7.44% 5.87% 5.46%
Dividend per Share 2 0.52 0.56 0.87 0.92 0.97 1.034 1.065 1.11
Rate of return 3.23% 3.58% 5.25% 6.7% 6.82% 6.16% 6.34% 6.62%
EPS 2 1.362 1.8 2.324 1.013 0.4671 1.624 1.674 1.765
Distribution rate 38.2% 31.1% 37.4% 90.9% 208% 63.7% 63.6% 62.9%
Net sales 1 72,958 81,385 83,270 85,445 82,102 82,137 83,404 85,247
EBITDA 1 4,550 4,613 4,559 4,637 4,506 4,642 4,751 4,993
EBIT 1 2,272 2,377 2,264 2,213 2,158 2,351 2,493 2,641
Net income 1 1,072 1,348 1,659 723 319 1,149 1,178 1,211
Net Debt 1 7,195 8,871 8,099 9,323 9,413 8,661 8,155 7,537
Reference price 2 16.10 15.64 16.56 13.73 14.23 16.78 16.78 16.78
Nbr of stocks (in thousands) 766,438 769,845 699,183 663,135 706,234 706,234 - -
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.($)
21.86x0.94x6.33x5.72% 39.72B
40.37x1.64x20.61x0.3% 31.79B
17.3x0.64x7.34x2.88% 29.62B
84.6x3.75x49.7x-.--% 26.77B
27.91x0.89x9.54x3.33% 21.69B
15.56x0.37x5.38x4% 12.11B
7.91x1.74x5.57x2.52% 11.78B
17.34x0.4x6.18x4.12% 10.66B
19.26x0.73x8.07x2.98% 9.28B
Average 28.01x 1.23x 13.19x 2.87% 21.49B
Weighted average by Cap. 31.95x 1.37x 15.16x 2.81%

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