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 34,505 - -
Change - -22.87% -45.64% -23.81% -1.73% 20.8% - -
Enterprise Value (EV) 1 92,461 74,274 42,527 33,464 32,372 39,874 39,267 38,381
Change - -19.67% -42.74% -21.31% -3.26% 23.17% -1.52% -2.26%
P/E 38.9x 70.4x 98.5x -25.7x 158x 32.6x 24.9x 21.7x
PBR 16.6x 12.7x 7.22x 7.53x 7.53x 8.05x 7.08x 6.32x
PEG - -1.2x -1.6x 0x -1x 0x 0.8x 1.5x
Capitalization / Revenue 5.13x 4.4x 2.44x 2.03x 1.9x 2.2x 2.11x 2.01x
EV / Revenue 5.21x 4.66x 2.72x 2.34x 2.15x 2.54x 2.4x 2.24x
EV / EBITDA 21.9x 28.9x 17.6x 16.9x 13x 14.1x 12.3x 11.1x
EV / EBIT 26.4x 40.7x 26.8x 29.2x 19.2x 19.3x 16.6x 14.6x
EV / FCF 46.2x 102x 29.5x 49.9x 24.6x 44.1x 24.6x 22x
FCF Yield 2.16% 0.98% 3.39% 2% 4.07% 2.27% 4.06% 4.55%
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% 1.68% 1.81% 2.04%
EPS 2 6.55 2.79 1.08 -3.15 0.5 2.922 3.827 4.391
Distribution rate 35.6% 92.5% 244% -54.3% 280% 54.7% 45.1% 44.3%
Net sales 1 17,741 15,937 15,609 14,323 15,049 15,695 16,374 17,136
EBITDA 1 4,227 2,567 2,413 1,975 2,483 2,827 3,192 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 1,078 1,399 1,553
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 95.37 95.37 95.37
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.($)
21.4x4.09x14.96x3.02% 338B
18.41x2.74x12.09x3.5% 134B
23.2x3.49x14.67x2.49% 68.01B
40.24x6.46x28.03x2.33% 47.33B
32.17x2.54x14.1x1.68% 34.5B
18.55x2.62x10.94x4.79% 33.82B
22.55x1.64x10.5x2.24% 19.83B
20.61x1.33x8.7x1.28% 19.38B
15.18x1.46x8.24x3.52% 17.74B
Average 23.59x 2.93x 13.58x 2.76% 79.22B
Weighted average by Cap. 22.50x 3.58x 14.57x 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