Company Valuation: Danone

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 35,530 30,830 37,646 41,915 49,156 43,007 - -
Change - -13.23% 22.11% 11.34% 17.28% -12.51% - -
Enterprise Value (EV) 1 46,030 40,937 47,867 50,516 57,587 50,623 49,791 49,035
Change - -11.06% 16.93% 5.53% 14% -12.09% -1.64% -1.52%
P/E Ratio 18.6x 33.3x 45.1x 20.8x 27.2x 17.8x 16.5x 15.5x
PBR 2.02x 1.76x 2.33x 2.59x 2.93x 2.36x 2.22x 2.08x
PEG - -0.7x -3.7x 0x -2.75x 0.5x 2.24x 2.24x
Capitalization / Revenue 1.46x 1.11x 1.36x 1.53x 1.8x 1.53x 1.48x 1.42x
EV / Revenue 1.9x 1.48x 1.73x 1.85x 2.11x 1.81x 1.71x 1.62x
EV / EBITDA 10x 7.81x 9.4x 10.7x 11.5x 10.2x 9.51x 8.89x
EV / EBIT 13.8x 12.1x 13.8x 14.2x 15.7x 13.2x 12.2x 11.4x
EV / FCF 18.9x 19.6x 18.2x 16.8x 20.6x 18.9x 17.8x 16.4x
FCF Yield 5.28% 5.11% 5.5% 5.94% 4.86% 5.3% 5.62% 6.1%
Dividend per Share 2 1.94 2 2.1 2.15 2.25 2.339 2.488 2.661
Rate of return 3.55% 4.06% 3.58% 3.3% 2.93% 3.48% 3.7% 3.96%
EPS 2 2.94 1.48 1.3 3.13 2.82 3.784 4.062 4.343
Distribution rate 66% 135% 162% 68.7% 79.8% 61.8% 61.3% 61.3%
Net sales 1 24,281 27,661 27,619 27,376 27,283 28,023 29,091 30,272
EBITDA 1 4,602 5,240 5,092 4,726 5,020 4,974 5,238 5,513
EBIT 1 3,337 3,377 3,481 3,558 3,665 3,830 4,077 4,313
Net income 1 1,924 959 881 2,021 1,825 2,362 2,543 2,732
Net Debt 1 10,500 10,107 10,221 8,601 8,431 7,616 6,784 6,028
Reference price 2 54.59 49.23 58.68 65.12 76.78 67.18 67.18 67.18
Nbr of stocks (in thousands) 650,849 626,246 641,543 643,653 640,218 640,173 - -
Announcement Date 2/23/22 2/22/23 2/22/24 2/26/25 2/20/26 - - -
1EUR in Million2EUR
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.87x2.88x14.17x3.93% 258B
21.62x2.53x14.9x3.28% 80.86B
17.64x0.54x10.37x2.58% 38.67B
22.63x3.35x13.6x3.17% 36.85B
38.5x3.34x18.61x0.92% 30.81B
11.65x1.9x9.34x6.58% 28.92B
67.23x10.03x42.62x1.13% 27.91B
14.61x0.41x9.43x2.24% 24.67B
Average 26.72x 3.12x 16.63x 2.98% 65.83B
Weighted average by Cap. 23.07x 2.93x 15.25x 3.42%

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

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