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 33,803 - -
Change - -22.87% -45.64% -23.81% -1.73% 18.34% - -
Enterprise Value (EV) 1 92,461 74,274 42,527 33,464 32,372 39,172 38,566 37,680
Change - -19.67% -42.74% -21.31% -3.26% 21.01% -1.55% -2.3%
P/E 38.9x 70.4x 98.5x -25.7x 158x 31.5x 24.5x 21.3x
PBR 16.6x 12.7x 7.22x 7.53x 7.53x 7.85x 6.94x 6.24x
PEG - -1.2x -1.6x 0x -1x 0x 0.9x 1.4x
Capitalization / Revenue 5.13x 4.4x 2.44x 2.03x 1.9x 2.15x 2.06x 1.97x
EV / Revenue 5.21x 4.66x 2.72x 2.34x 2.15x 2.5x 2.36x 2.2x
EV / EBITDA 21.9x 28.9x 17.6x 16.9x 13x 13.9x 12x 10.9x
EV / EBIT 26.4x 40.7x 26.8x 29.2x 19.2x 19x 16.3x 14.3x
EV / FCF 46.2x 102x 29.5x 49.9x 24.6x 43.3x 24.2x 21.6x
FCF Yield 2.16% 0.98% 3.39% 2% 4.07% 2.31% 4.14% 4.64%
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% 1.71% 1.85% 2.08%
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 5,369 4,763 3,877
Reference price 2 254.67 196.38 106.40 80.80 78.95 93.43 93.43 93.43
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.51x4.11x15.02x3% 340B
18.22x2.71x11.94x3.55% 133B
23.79x3.57x15.01x2.43% 69.73B
40.21x6.46x28.01x2.33% 47.31B
18.76x2.65x11.04x4.74% 34.21B
31.51x2.5x13.86x1.71% 33.8B
22.47x1.64x10.48x2.25% 20.05B
19.59x1.24x8.12x1.34% 18.58B
15.17x1.46x8.25x3.51% 17.98B
Average 23.47x 2.92x 13.53x 2.76% 79.42B
Weighted average by Cap. 22.51x 3.59x 14.59x 2.97%

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

-40%: Exceptional extension
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