Company Valuation: Estee Lauder

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 91,006 70,189 38,151 29,068 28,564 36,596 - -
Change - -22.87% -45.64% -23.81% -1.73% 28.12% - -
Enterprise Value (EV) 1 92,461 74,274 42,527 33,464 32,372 40,794 40,335 39,653
Change - -19.67% -42.74% -21.31% -3.26% 26.02% -1.12% -1.69%
P/E 38.9x 70.4x 98.5x -25.7x 158x 34.1x 26.5x 23.1x
PBR 16.6x 12.7x 7.22x 7.53x 7.53x 8.5x 7.51x 6.76x
PEG - -1.2x -1.6x 0x -1x 0x 0.9x 1.6x
Capitalization / Revenue 5.13x 4.4x 2.44x 2.03x 1.9x 2.33x 2.24x 2.14x
EV / Revenue 5.21x 4.66x 2.72x 2.34x 2.15x 2.6x 2.46x 2.31x
EV / EBITDA 21.9x 28.9x 17.6x 16.9x 13x 14.4x 12.6x 11.4x
EV / EBIT 26.4x 40.7x 26.8x 29.2x 19.2x 19.8x 17x 15.1x
EV / FCF 46.2x 102x 29.5x 49.9x 24.6x 45.1x 25.3x 22.7x
FCF Yield 2.16% 0.98% 3.39% 2% 4.07% 2.22% 3.96% 4.41%
Dividend per Share 2 2.33 2.58 2.64 1.71 1.4 1.598 1.726 1.943
Rate of return 0.91% 1.31% 2.48% 2.12% 1.77% 1.58% 1.71% 1.92%
EPS 2 6.55 2.79 1.08 -3.15 0.5 2.965 3.815 4.38
Distribution rate 35.6% 92.5% 244% -54.3% 280% 53.9% 45.2% 44.4%
Net sales 1 17,741 15,937 15,609 14,323 15,049 15,696 16,374 17,131
EBITDA 1 4,227 2,567 2,413 1,975 2,483 2,827 3,211 3,471
EBIT 1 3,500 1,823 1,588 1,146 1,687 2,064 2,369 2,630
Net income 1 2,390 1,006 390 -1,133 182 1,101 1,394 1,542
Net Debt 1 1,455 4,085 4,376 4,396 3,808 4,198 3,739 3,057
Reference price 2 254.67 196.38 106.40 80.80 78.95 101.15 101.15 101.15
Nbr of stocks (in thousands) 357,347 357,413 358,564 359,752 361,795 361,799 - -
Announcement Date 8/18/22 8/18/23 8/19/24 8/20/25 8/19/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
34.12x2.6x14.43x1.58% 36.6B
21.69x4.14x15.14x2.98% 343B
18.83x2.78x12.26x3.43% 139B
24.5x3.67x15.42x2.36% 71.83B
40.96x6.6x28.63x2.25% 49.12B
20.12x2.81x11.72x4.41% 36.74B
23.31x1.69x10.86x2.18% 20.43B
15.91x1.53x8.74x3.33% 19.37B
20.31x1.3x8.47x1.29% 19.47B
38.96x5.48x26.9x1.85% 9.8B
Average 25.87x 3.26x 15.26x 2.57% 74.54B
Weighted average by Cap. 23.31x 3.67x 15.01x 2.88%

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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