Company Valuation: Carrefour SA

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 11,646 - -
Change - -2.46% -3.81% -21.39% 10.38% 15.88% - -
Enterprise Value (EV) 1 19,538 20,911 19,681 18,428 19,463 20,306 19,800 19,183
Change - 7.03% -5.88% -6.37% 5.62% 4.34% -2.49% -3.12%
P/E 11.8x 8.69x 7.13x 13.6x 30.5x 10.2x 9.86x 9.35x
PBR 1.22x 1.04x 0.99x 0.82x 0.92x 1.05x 1x 0.95x
PEG - 0.3x 0.2x -0.2x -0.6x 0x 3.17x 1.72x
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 4.37x 4.17x 3.84x
EV / EBIT 8.6x 8.8x 8.69x 8.33x 9.02x 8.64x 7.94x 7.27x
EV / FCF 9.73x 8.95x 12.1x 12.6x 8.03x 13.3x 16.8x 18.1x
FCF Yield 10.3% 11.2% 8.24% 7.91% 12.5% 7.52% 5.94% 5.52%
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% 6.27% 6.46% 6.73%
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 82,090 83,357 85,164
EBITDA 1 4,550 4,613 4,559 4,637 4,506 4,642 4,751 4,992
EBIT 1 2,272 2,377 2,264 2,213 2,158 2,351 2,493 2,640
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 16.49 16.49 16.49
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.($)
21.58x0.93x6.27x5.81% 38.72B
38.63x1.57x19.77x0.31% 30.42B
17.09x0.63x7.17x2.95% 28.89B
87.33x3.88x51.3x-.--% 27.88B
28.49x0.9x9.69x3.26% 21.99B
15.08x0.36x5.26x4.1% 11.83B
7.66x1.71x5.5x2.57% 11.55B
16.44x0.39x6.01x4.35% 10.06B
19.23x0.73x8.06x2.99% 9.36B
Average 27.95x 1.23x 13.23x 2.93% 21.19B
Weighted average by Cap. 32.39x 1.39x 15.50x 2.84%

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