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 66,457 - -
Change - -8.92% 8.94% 31.01% 16.39% -46.82% - -
Enterprise Value (EV) 1 92,306 82,299 87,821 118,347 135,826 76,030 74,954 73,633
Change - -10.84% 6.71% 34.76% 14.77% -44.02% -1.42% -1.76%
P/E 57.1x 35x 35.7x 45.9x 54.2x 25.6x 22.9x 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 1.9x 2x 1.4x
Capitalization / Revenue 4.17x 3.07x 3.23x 4.05x 4.39x 2.2x 2.03x 1.88x
EV / Revenue 4.66x 3.36x 3.46x 4.46x 4.77x 2.52x 2.29x 2.08x
EV / EBITDA 16.8x 11.6x 12.3x 15.8x 20.9x 10.2x 9.36x 8.5x
EV / EBIT 30.5x 20x 21x 26.8x 30.5x 15.8x 14.3x 12.8x
EV / FCF 33.1x 36.4x 26.4x 49.3x 48.6x 19.8x 18.5x 16.5x
FCF Yield 3.02% 2.75% 3.79% 2.03% 2.06% 5.05% 5.41% 6.06%
Dividend per Share 2 2.51 3.23 3.95 3.95 4 4.081 4.449 4.895
Rate of return 1.34% 1.91% 2.18% 1.68% 1.48% 2.82% 3.08% 3.39%
EPS 2 3.28 4.83 5.08 5.13 4.98 5.654 6.31 7.223
Distribution rate 76.5% 66.9% 77.8% 77% 80.3% 72.2% 70.5% 67.8%
Net sales 1 19,820 24,494 25,395 26,508 28,491 30,204 32,774 35,352
EBITDA 1 5,488 7,085 7,150 7,512 6,492 7,467 8,011 8,662
EBIT 1 3,027 4,115 4,178 4,414 4,459 4,799 5,225 5,750
Net income 1 1,463 2,152 2,289 2,359 2,315 2,701 3,020 3,468
Net Debt 1 9,698 7,063 5,859 10,970 10,850 9,573 8,497 7,176
Reference price 2 187.24 169.20 181.60 235.60 269.90 144.60 144.60 144.60
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.72x2.54x10.22x2.8% 76.35B
37.39x3.04x11.39x0.58% 31.17B
127.12x9.7x46.34x-.--% 11.87B
16.64x3.11x9.98x-.--% 10.76B
22.83x5.63x16.44x1.21% 2.29B
20.24x3.81x10.89x1.73% 1.34B
15.27x3.17x8.16x2.8% 970M
-10.24x - - - 869M
26.7x - - - 894M
Average 31.29x 4.43x 16.20x 1.3% 15.17B
Weighted average by Cap. 36.08x 3.40x 13.75x 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