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 42,252 - -
Change - -13.23% 22.11% 11.34% 17.28% -14.05% - -
Enterprise Value (EV) 1 46,030 40,937 47,867 50,516 57,587 51,034 50,160 49,731
Change - -11.06% 16.93% 5.53% 14% -11.38% -1.71% -0.86%
P/E 18.6x 33.3x 45.1x 20.8x 27.2x 17.5x 15.9x 14.9x
PBR 2.02x 1.76x 2.33x 2.59x 2.93x 2.38x 2.25x 2.14x
PEG - -0.7x -3.7x 0x -2.75x 0.5x 1.67x 2.2x
Capitalization / Revenue 1.46x 1.11x 1.36x 1.53x 1.8x 1.5x 1.43x 1.38x
EV / Revenue 1.9x 1.48x 1.73x 1.85x 2.11x 1.81x 1.7x 1.62x
EV / EBITDA 10x 7.81x 9.4x 10.7x 11.5x 10.2x 9.5x 8.97x
EV / EBIT 13.8x 12.1x 13.8x 14.2x 15.7x 13.3x 12.3x 11.5x
EV / FCF 18.9x 19.6x 18.2x 16.8x 20.6x 20.7x 17.7x 16.7x
FCF Yield 5.28% 5.11% 5.5% 5.94% 4.86% 4.84% 5.66% 5.99%
Dividend per Share 2 1.94 2 2.1 2.15 2.25 2.353 2.497 2.664
Rate of return 3.55% 4.06% 3.58% 3.3% 2.93% 3.58% 3.8% 4.06%
EPS 2 2.94 1.48 1.3 3.13 2.82 3.763 4.12 4.4
Distribution rate 66% 135% 162% 68.7% 79.8% 62.5% 60.6% 60.5%
Net sales 1 24,281 27,661 27,619 27,376 27,283 28,194 29,482 30,611
EBITDA 1 4,602 5,240 5,092 4,726 5,020 4,991 5,279 5,544
EBIT 1 3,337 3,377 3,481 3,558 3,665 3,839 4,093 4,321
Net income 1 1,924 959 881 2,021 1,825 2,358 2,594 2,769
Net Debt 1 10,500 10,107 10,221 8,601 8,431 8,782 7,909 7,479
Reference price 2 54.59 49.23 58.68 65.12 76.78 65.68 65.68 65.68
Nbr of stocks (in thousands) 650,849 626,246 641,543 643,653 640,218 643,298 - -
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.($)
17.46x1.81x10.23x3.58% 49.26B
20.61x2.84x14.17x3.95% 255B
20.44x2.55x15.21x3.21% 81.89B
14.96x0.56x9.99x2.58% 38.92B
22.86x3.44x13.94x3.06% 37.93B
36.56x3.14x18.25x0.99% 31.8B
68.09x10.45x43.35x1.12% 29.65B
-109.33x1.93x9.58x6.24% 30.45B
11.62x0.38x8.64x2.53% 21.9B
Average 11.47x 3.01x 15.93x 3.03% 64.07B
Weighted average by Cap. 16.20x 2.86x 14.96x 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