Valuation Kering

Stocks

Real-time Euronext Paris 08:26:36 2026-10-15 EDT			5-day change	1st Jan Change
215.40 ^EUR	+1.06%		+4.26%	-28.46%

10-14	Out With the New, in With the Old
10-14	Earnings for starters, inflation for the main course

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	87,474	58,122	48,537	29,206	36,903	26,136	-	-
Change	-	-33.56%	-16.49%	-39.83%	26.35%	-29.18%	-	-
Enterprise Value (EV) ¹	92,144	60,428	57,041	39,706	44,942	35,152	34,645	34,058
Change	-	-34.42%	-5.61%	-30.39%	13.19%	-21.78%	-1.44%	-1.69%
P/E	27.7x	16.2x	16.4x	25.8x	510x	42.7x	24.1x	17.8x
PBR	6.57x	4.15x	3.22x	1.96x	2.51x	1.75x	1.66x	1.56x
PEG	-	1.1x	-1x	-0.4x	-5.4x	0x	0.3x	0.5x
Capitalization / Revenue	4.96x	2.86x	2.48x	1.7x	2.51x	1.79x	1.69x	1.59x
EV / Revenue	5.22x	2.97x	2.92x	2.31x	3.06x	2.41x	2.24x	2.07x
EV / EBITDA	14.2x	8.33x	8.68x	8.51x	12.2x	9.24x	8.31x	7.27x
EV / EBIT	18.4x	10.8x	12x	15.5x	27.6x	19x	15.1x	12.3x
EV / FCF	23.4x	18.8x	28.8x	28.4x	19.5x	20.2x	20.9x	17.8x
FCF Yield	4.28%	5.31%	3.48%	3.53%	5.12%	4.95%	4.78%	5.6%
Dividend per Share ²	12	14	14	6	3	3.412	4.93	6.444
Rate of return	1.7%	2.94%	3.51%	2.52%	1%	1.6%	2.31%	3.02%
EPS ²	25.49	29.31	24.37	9.24	0.59	4.989	8.845	11.94
Distribution rate	47.1%	47.8%	57.4%	64.9%	508%	68.4%	55.7%	54%
Net sales ¹	17,645	20,351	19,566	17,194	14,675	14,581	15,472	16,475
EBITDA ¹	6,470	7,255	6,569	4,667	3,675	3,803	4,170	4,682
EBIT ¹	5,017	5,589	4,746	2,554	1,631	1,846	2,300	2,775
Net income ¹	3,176	3,614	2,983	1,133	72	626	1,087	1,450
Net Debt ¹	4,670	2,306	8,504	10,500	8,039	9,016	8,509	7,922
Reference price ²	706.90	475.50	399.00	238.25	301.00	213.15	213.15	213.15
Nbr of stocks (in thousands)	123,744	122,233	121,646	122,587	122,601	122,618	-	-
Announcement Date	2/17/22	2/15/23	2/8/24	2/11/25	2/10/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
KERING	42.72x	2.41x	9.24x	1.6%	29.07B
INDITEX	25.12x	3.82x	13.59x	3.55%	188B
FAST RETAILING CO., LTD.	45.48x	5.6x	23.05x	0.82%	147B
ROSS STORES, INC.	26.27x	2.71x	17.33x	0.77%	73.66B
HENNES & MAURITZ AB	20.95x	1.44x	8.13x	4.4%	26.43B
TAPESTRY, INC.	14.54x	2.82x	10.86x	1.62%	22.83B
NEXT PLC	18.05x	2.53x	11.36x	2.05%	22.15B
BURLINGTON STORES, INC.	22.92x	1.37x	11.62x	-.--%	16.54B
LPP SA	16.38x	2.08x	8.35x	3.68%	12.24B
ARITZIA INC.	27.6x	3.4x	16.22x	-.--%	11.67B
Average	26.00x	2.82x	12.97x	1.85%	54.93B
Weighted average by Cap.	30.50x	3.74x	15.80x	2.07%