Company Valuation: L'Oréal

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 232,521 178,538 240,974 182,877 195,473 202,546 - -
Change - -23.22% 34.97% -24.11% 6.89% 3.62% - -
Enterprise Value (EV) 1 231,489 181,571 245,378 187,319 197,524 210,770 208,002 204,796
Change - -21.56% 35.14% -23.66% 5.45% 6.71% -1.31% -1.54%
P/E 50.8x 31.4x 39.1x 28.6x 32x 29x 26x 23.9x
PBR 9.9x 6.57x 8.32x 5.52x 5.6x 5.4x 4.93x 4.5x
PEG - 1.1x 4.56x 7.66x -7.5x 2x 2.3x 2.69x
Capitalization / Revenue 7.2x 4.67x 5.85x 4.21x 4.44x 4.31x 4.06x 3.83x
EV / Revenue 7.17x 4.75x 5.96x 4.31x 4.48x 4.49x 4.17x 3.88x
EV / EBITDA 29.1x 20.2x 24.9x 17.8x 18.4x 18.5x 17.1x 15.7x
EV / EBIT 37.6x 24.3x 30.1x 21.6x 22.2x 21.9x 20.1x 18.5x
EV / FCF 40.9x 36.7x 40x 28.1x 27.6x 29.2x 25.9x 23.7x
FCF Yield 2.44% 2.72% 2.5% 3.55% 3.63% 3.43% 3.86% 4.21%
Dividend per Share 2 4.8 6 6.6 6.667 7.2 7.783 8.385 9.039
Rate of return 1.15% 1.8% 1.46% 1.95% 1.96% 2.05% 2.2% 2.38%
EPS 2 8.21 10.61 11.52 11.95 11.44 13.13 14.61 15.91
Distribution rate 58.5% 56.6% 57.3% 55.8% 62.9% 59.3% 57.4% 56.8%
Net sales 1 32,288 38,261 41,182 43,487 44,052 46,973 49,861 52,836
EBITDA 1 7,941 8,993 9,858 10,543 10,709 11,416 12,193 13,025
EBIT 1 6,160 7,457 8,143 8,688 8,892 9,618 10,364 11,094
Net income 1 4,597 5,707 6,184 6,409 6,127 6,997 7,796 8,438
Net Debt 1 -1,033 3,033 4,404 4,443 2,051 8,224 5,455 2,249
Reference price 2 416.95 333.60 450.65 341.85 366.60 380.45 380.45 380.45
Nbr of stocks (in thousands) 557,672 535,187 534,725 534,962 533,205 532,387 - -
Announcement Date 2/9/22 2/9/23 2/8/24 2/6/25 2/12/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
28.98x4.49x18.46x2.05% 234B
57.64x8.21x31.55x0.22% 50.56B
25.71x4.7x18.33x1.3% 10.49B
32.89x1.58x11.92x1.72% 8.73B
22.78x1.63x10.46x1.18% 5.92B
50.13x3.05x14.88x-.--% 5.47B
24.31x2.4x12.71x2.71% 3.78B
14.71x1.61x9.09x3% 3.42B
18.59x2.4x11.63x4.17% 2.48B
Average 30.64x 3.34x 15.45x 1.82% 36.07B
Weighted average by Cap. 33.40x 4.85x 19.90x 1.71%

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