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 42,059 - -
Change - -13.23% 22.11% 11.34% 17.28% -14.44% - -
Enterprise Value (EV) 1 46,030 40,937 47,867 50,516 57,587 49,675 48,843 48,087
Change - -11.06% 16.93% 5.53% 14% -13.74% -1.67% -1.55%
P/E 18.6x 33.3x 45.1x 20.8x 27.2x 17.4x 16.2x 15.1x
PBR 2.02x 1.76x 2.33x 2.59x 2.93x 2.3x 2.17x 2.03x
PEG - -0.7x -3.7x 0x -2.75x 0.5x 2.2x 2.19x
Capitalization / Revenue 1.46x 1.11x 1.36x 1.53x 1.8x 1.5x 1.45x 1.39x
EV / Revenue 1.9x 1.48x 1.73x 1.85x 2.11x 1.77x 1.68x 1.59x
EV / EBITDA 10x 7.81x 9.4x 10.7x 11.5x 9.98x 9.32x 8.72x
EV / EBIT 13.8x 12.1x 13.8x 14.2x 15.7x 13x 12x 11.2x
EV / FCF 18.9x 19.6x 18.2x 16.8x 20.6x 18.5x 17.5x 16.1x
FCF Yield 5.28% 5.11% 5.5% 5.94% 4.86% 5.4% 5.73% 6.22%
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% 3.56% 3.79% 4.05%
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 28,033 29,102 30,272
EBITDA 1 4,602 5,240 5,092 4,726 5,020 4,976 5,240 5,513
EBIT 1 3,337 3,377 3,481 3,558 3,665 3,831 4,079 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 65.70 65.70 65.70
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, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.39x1.77x10x3.56% 48.83B
19.69x2.86x14.07x3.97% 256B
20.89x2.46x14.49x3.39% 78.12B
16.82x0.52x9.93x2.71% 36.87B
21.84x3.24x13.18x3.29% 35.56B
37.6x3.18x18.86x0.94% 31.89B
68.76x10.26x43.6x1.11% 28.75B
11.08x1.84x9.06x6.92% 27.51B
13.34x0.39x8.9x2.46% 22.53B
30.81x0.64x16.11x0.65% 19.81B
Average 25.82x 2.72x 15.82x 2.9% 58.64B
Weighted average by Cap. 22.71x 2.76x 14.82x 3.4%

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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