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 11,384 - -
Change - -2.46% -3.81% -21.39% 10.38% 13.28% - -
Enterprise Value (EV) 1 19,538 20,911 19,681 18,428 19,463 20,045 19,539 18,921
Change - 7.03% -5.88% -6.37% 5.62% 2.99% -2.52% -3.16%
P/E 11.8x 8.69x 7.13x 13.6x 30.5x 9.93x 9.64x 9.14x
PBR 1.22x 1.04x 0.99x 0.82x 0.92x 1.03x 0.98x 0.93x
PEG - 0.3x 0.2x -0.2x -0.6x 0x 3.1x 1.68x
Capitalization / Revenue 0.17x 0.15x 0.14x 0.11x 0.12x 0.14x 0.14x 0.13x
EV / Revenue 0.27x 0.26x 0.24x 0.22x 0.24x 0.24x 0.23x 0.22x
EV / EBITDA 4.29x 4.53x 4.32x 3.97x 4.32x 4.33x 4.13x 3.8x
EV / EBIT 8.6x 8.8x 8.69x 8.33x 9.02x 8.55x 7.86x 7.19x
EV / FCF 9.73x 8.95x 12.1x 12.6x 8.03x 13.1x 16.6x 17.9x
FCF Yield 10.3% 11.2% 8.24% 7.91% 12.5% 7.62% 6.02% 5.6%
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% 6.42% 6.6% 6.89%
EPS 2 1.362 1.8 2.324 1.013 0.4671 1.623 1.673 1.764
Distribution rate 38.2% 31.1% 37.4% 90.9% 208% 63.7% 63.6% 63%
Net sales 1 72,958 81,385 83,270 85,445 82,102 81,970 83,255 85,003
EBITDA 1 4,550 4,613 4,559 4,637 4,506 4,628 4,732 4,974
EBIT 1 2,272 2,377 2,264 2,213 2,158 2,345 2,486 2,632
Net income 1 1,072 1,348 1,659 723 319 1,148 1,177 1,209
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 16.12 16.12 16.12
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.($)
37.47x1.53x19.21x0.32% 29.51B
17.26x0.66x7.46x2.93% 29.01B
85.51x3.79x50.23x-.--% 27.36B
27.88x0.89x9.56x3.31% 21.61B
14.79x0.37x5.34x4.12% 11.93B
7.79x1.8x5.93x2.52% 11.78B
16.3x0.39x5.98x4.38% 9.95B
19.86x0.75x8.26x2.89% 9.73B
16.92x0.86x8.57x4.92% 8.9B
Average 27.09x 1.23x 13.39x 2.82% 17.75B
Weighted average by Cap. 33.31x 1.45x 16.99x 2.26%

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