Company Valuation: LVMH

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 366,252 340,700 366,368 317,588 319,356 201,554 - -
Change - -6.98% 7.53% -13.31% 0.56% -36.89% - -
Enterprise Value (EV) 1 375,859 368,547 397,039 348,731 346,923 224,834 221,764 218,484
Change - -1.95% 7.73% -12.17% -0.52% -35.19% -1.37% -1.48%
P/E 30.4x 24.3x 24.2x 25.3x 29.5x 18.6x 17.2x 15.7x
PBR 7.77x 6.19x 6.01x 4.7x 4.76x 2.85x 2.64x 2.46x
PEG - 1.4x 2.95x -1.5x -2.3x 34.18x 2.08x 1.7x
Capitalization / Revenue 5.7x 4.3x 4.25x 3.75x 3.95x 2.5x 2.4x 2.28x
EV / Revenue 5.85x 4.65x 4.61x 4.12x 4.29x 2.79x 2.64x 2.48x
EV / EBITDA 16.4x 13.5x 13.2x 12.7x 13.5x 9.38x 8.72x 8.09x
EV / EBIT 21.9x 17.5x 17.4x 17.8x 19.5x 13x 12.1x 11.2x
EV / FCF 27.8x 36.4x 49x 33.3x 30.6x 20x 17.8x 16.8x
FCF Yield 3.6% 2.74% 2.04% 3% 3.27% 5.01% 5.61% 5.94%
Dividend per Share 2 7 12 13 13 13 12.9 13.58 14.36
Rate of return 0.96% 1.76% 1.77% 2.05% 2.02% 3.16% 3.32% 3.51%
EPS 2 23.89 28.03 30.33 25.12 21.85 21.97 23.79 25.99
Distribution rate 29.3% 42.8% 42.9% 51.8% 59.5% 58.7% 57.1% 55.3%
Net sales 1 64,215 79,184 86,153 84,683 80,807 80,505 84,056 88,256
EBITDA 1 22,981 27,281 29,979 27,367 25,756 23,981 25,444 27,009
EBIT 1 17,151 21,055 22,802 19,571 17,755 17,250 18,296 19,537
Net income 1 12,036 14,084 15,174 12,550 10,878 10,972 11,914 13,048
Net Debt 1 9,607 27,847 30,671 31,143 27,567 23,280 20,210 16,930
Reference price 2 727.00 679.90 733.60 635.50 645.00 408.75 408.75 408.75
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.61x2.79x9.38x3.16% 225B
31.34x7.77x17.26x1.36% 159B
25.06x3.95x13.94x2.32% 122B
60.92x5x43.84x0.46% 47.16B
12.53x1.88x6.42x3.69% 28.41B
19.97x2.55x12.84x1.05% 22.26B
11.11x1.27x8.23x6.61% 15.04B
19.47x3.7x9.24x3% 13.76B
Average 24.88x 3.61x 15.14x 2.71% 79.03B
Weighted average by Cap. 25.83x 4.37x 14.77x 2.37%

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