Company Valuation: EssilorLuxottica

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 82,608 75,236 81,962 107,377 124,976 66,503 - -
Change - -8.92% 8.94% 31.01% 16.39% -46.79% - -
Enterprise Value (EV) 1 92,306 82,299 87,821 118,347 135,826 76,056 74,971 73,639
Change - -10.84% 6.71% 34.76% 14.77% -44% -1.43% -1.78%
P/E 57.1x 35x 35.7x 45.9x 54.2x 25.7x 22.8x 20x
PBR 2.34x 2.01x 2.1x 2.68x 3.22x 1.66x 1.6x 1.55x
PEG - 0.7x 6.9x 46.63x -18.54x 2x 1.8x 1.5x
Capitalization / Revenue 4.17x 3.07x 3.23x 4.05x 4.39x 2.2x 2.02x 1.87x
EV / Revenue 4.66x 3.36x 3.46x 4.46x 4.77x 2.51x 2.28x 2.08x
EV / EBITDA 16.8x 11.6x 12.3x 15.8x 20.9x 10.1x 9.3x 8.43x
EV / EBIT 30.5x 20x 21x 26.8x 30.5x 15.8x 14.2x 12.7x
EV / FCF 33.1x 36.4x 26.4x 49.3x 48.6x 19.8x 18.4x 16.4x
FCF Yield 3.02% 2.75% 3.79% 2.03% 2.06% 5.05% 5.44% 6.1%
Dividend per Share 2 2.51 3.23 3.95 3.95 4 4.092 4.485 4.914
Rate of return 1.34% 1.91% 2.18% 1.68% 1.48% 2.83% 3.1% 3.4%
EPS 2 3.28 4.83 5.08 5.13 4.98 5.635 6.346 7.219
Distribution rate 76.5% 66.9% 77.8% 77% 80.3% 72.6% 70.7% 68.1%
Net sales 1 19,820 24,494 25,395 26,508 28,491 30,262 32,868 35,471
EBITDA 1 5,488 7,085 7,150 7,512 6,492 7,532 8,065 8,739
EBIT 1 3,027 4,115 4,178 4,414 4,459 4,822 5,270 5,814
Net income 1 1,463 2,152 2,289 2,359 2,315 2,716 3,063 3,534
Net Debt 1 9,698 7,063 5,859 10,970 10,850 9,553 8,469 7,136
Reference price 2 187.24 169.20 181.60 235.60 269.90 144.70 144.70 144.70
Nbr of stocks (in thousands) 441,185 444,659 451,334 455,759 463,045 459,592 - -
Announcement Date 3/11/22 2/23/23 2/14/24 2/12/25 2/11/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
25.68x2.51x10.1x2.83% 75.61B
37.29x3.04x11.36x0.58% 31.08B
131.15x10x47.75x-.--% 12.24B
16.29x3.06x9.81x-.--% 10.53B
24.69x6.12x17.88x1.12% 2.47B
20.38x3.85x10.99x1.72% 1.34B
15.27x3.17x8.16x2.8% 970M
-10.9x - - - 925M
26.86x - - - 899M
Average 31.86x 4.54x 16.58x 1.29% 15.12B
Weighted average by Cap. 36.71x 3.44x 13.94x 1.78%

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

  1. Stock Market
  2. Stocks
  3. EL Stock
  4. ESL Stock
  5. Valuation EssilorLuxottica