Company Valuation: LVMH

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 366,252 340,700 366,368 317,588 319,356 187,378 - -
Change - -6.98% 7.53% -13.31% 0.56% -41.33% - -
Enterprise Value (EV) 1 375,859 368,547 397,039 348,731 346,923 209,352 205,993 202,412
Change - -1.95% 7.73% -12.17% -0.52% -39.65% -1.6% -1.74%
P/E 30.4x 24.3x 24.2x 25.3x 29.5x 17.2x 15.6x 14.2x
PBR 7.77x 6.19x 6.01x 4.7x 4.76x 2.64x 2.45x 2.28x
PEG - 1.4x 2.95x -1.5x -2.3x 12.37x 1.5x 1.43x
Capitalization / Revenue 5.7x 4.3x 4.25x 3.75x 3.95x 2.32x 2.22x 2.11x
EV / Revenue 5.85x 4.65x 4.61x 4.12x 4.29x 2.6x 2.44x 2.28x
EV / EBITDA 16.4x 13.5x 13.2x 12.7x 13.5x 8.61x 7.97x 7.35x
EV / EBIT 21.9x 17.5x 17.4x 17.8x 19.5x 12x 11.1x 10.2x
EV / FCF 27.8x 36.4x 49x 33.3x 30.6x 18.2x 16x 15.1x
FCF Yield 3.6% 2.74% 2.04% 3% 3.27% 5.49% 6.26% 6.64%
Dividend per Share 2 7 12 13 13 13 13.07 13.9 14.6
Rate of return 0.96% 1.76% 1.77% 2.05% 2.02% 3.44% 3.66% 3.84%
EPS 2 23.89 28.03 30.33 25.12 21.85 22.15 24.38 26.8
Distribution rate 29.3% 42.8% 42.9% 51.8% 59.5% 59% 57% 54.5%
Net sales 1 64,215 79,184 86,153 84,683 80,807 80,611 84,296 88,671
EBITDA 1 22,981 27,281 29,979 27,367 25,756 24,315 25,853 27,524
EBIT 1 17,151 21,055 22,802 19,571 17,755 17,468 18,600 19,912
Net income 1 12,036 14,084 15,174 12,550 10,878 11,125 12,204 13,383
Net Debt 1 9,607 27,847 30,671 31,143 27,567 21,974 18,615 15,034
Reference price 2 727.00 679.90 733.60 635.50 645.00 380.00 380.00 380.00
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.($)
17.13x2.6x8.61x3.44% 210B
29.26x7.25x16.02x1.53% 150B
24.53x3.91x13.75x2.34% 121B
61.15x4.4x40.31x0.42% 40.42B
11.39x1.71x5.91x4.09% 25.89B
20.08x2.63x13.36x1.04% 22.12B
10.64x1.2x7.82x6.85% 14.06B
18.48x3.52x8.74x3.16% 13.25B
Average 24.08x 3.40x 14.32x 2.86% 74.58B
Weighted average by Cap. 24.41x 4.11x 13.71x 2.55%

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