Company Valuation: LVMH

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 366,252 340,700 366,368 317,588 319,356 192,087 - -
Change - -6.98% 7.53% -13.31% 0.56% -39.85% - -
Enterprise Value (EV) 1 375,859 368,547 397,039 348,731 346,923 215,317 212,098 208,697
Change - -1.95% 7.73% -12.17% -0.52% -37.94% -1.5% -1.6%
P/E 30.4x 24.3x 24.2x 25.3x 29.5x 17.7x 16.3x 14.9x
PBR 7.77x 6.19x 6.01x 4.7x 4.76x 2.71x 2.51x 2.34x
PEG - 1.4x 2.95x -1.5x -2.3x 28.5x 1.87x 1.54x
Capitalization / Revenue 5.7x 4.3x 4.25x 3.75x 3.95x 2.39x 2.28x 2.17x
EV / Revenue 5.85x 4.65x 4.61x 4.12x 4.29x 2.68x 2.52x 2.36x
EV / EBITDA 16.4x 13.5x 13.2x 12.7x 13.5x 8.96x 8.31x 7.69x
EV / EBIT 21.9x 17.5x 17.4x 17.8x 19.5x 12.5x 11.5x 10.6x
EV / FCF 27.8x 36.4x 49x 33.3x 30.6x 18.9x 16.6x 15.7x
FCF Yield 3.6% 2.74% 2.04% 3% 3.27% 5.3% 6.01% 6.37%
Dividend per Share 2 7 12 13 13 13 12.93 13.66 14.46
Rate of return 0.96% 1.76% 1.77% 2.05% 2.02% 3.32% 3.51% 3.71%
EPS 2 23.89 28.03 30.33 25.12 21.85 21.99 23.9 26.21
Distribution rate 29.3% 42.8% 42.9% 51.8% 59.5% 58.8% 57.2% 55.2%
Net sales 1 64,215 79,184 86,153 84,683 80,807 80,488 84,243 88,553
EBITDA 1 22,981 27,281 29,979 27,367 25,756 24,034 25,533 27,122
EBIT 1 17,151 21,055 22,802 19,571 17,755 17,232 18,394 19,687
Net income 1 12,036 14,084 15,174 12,550 10,878 10,999 12,007 13,190
Net Debt 1 9,607 27,847 30,671 31,143 27,567 23,231 20,011 16,610
Reference price 2 727.00 679.90 733.60 635.50 645.00 389.55 389.55 389.55
Nbr of stocks (in thousands) 503,785 501,103 499,410 499,744 495,126 493,099 - -
Announcement Date 1/27/22 1/26/23 1/25/24 1/28/25 1/27/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
17.72x2.68x8.96x3.32% 214B
29.58x7.34x16.23x1.51% 151B
24.91x3.98x13.98x2.31% 122B
61.31x4.44x40.65x0.42% 41.47B
11.7x1.75x6.04x3.99% 26.56B
20.3x2.66x13.5x1.03% 22.36B
10.23x1.16x7.55x7.12% 13.51B
18.95x3.61x8.97x3.08% 13.5B
Average 24.34x 3.45x 14.49x 2.85% 75.48B
Weighted average by Cap. 24.82x 4.17x 13.97x 2.49%

Y-o-Y evolution of P/E

Valuation ratios - P/E - LVMH

Historical PBR trend

Valuation ratios - PBR - LVMH

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - LVMH

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - LVMH


Year-on-year evolution of the Yield

Valuation ratios - Yield - LVMH