Company Valuation: LVMH

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 366,252 340,700 366,368 317,588 319,356 241,668 - -
Change - -6.98% 7.53% -13.31% 0.56% -24.33% - -
Enterprise Value (EV) 1 375,859 368,547 397,039 348,731 346,923 265,259 261,872 257,421
Change - -1.95% 7.73% -12.17% -0.52% -23.54% -1.28% -1.7%
P/E 30.4x 24.3x 24.2x 25.3x 29.5x 22.2x 19x 17.3x
PBR 7.77x 6.19x 6.01x 4.7x 4.76x 3.38x 3.11x 2.88x
PEG - 1.4x 2.95x -1.5x -2.3x 47.98x 1.2x 1.7x
Capitalization / Revenue 5.7x 4.3x 4.25x 3.75x 3.95x 2.99x 2.84x 2.69x
EV / Revenue 5.85x 4.65x 4.61x 4.12x 4.29x 3.28x 3.08x 2.86x
EV / EBITDA 16.4x 13.5x 13.2x 12.7x 13.5x 11.1x 9.94x 9.13x
EV / EBIT 21.9x 17.5x 17.4x 17.8x 19.5x 15.2x 13.7x 12.5x
EV / FCF 27.8x 36.4x 49x 33.3x 30.6x 22.4x 20.3x 17.9x
FCF Yield 3.6% 2.74% 2.04% 3% 3.27% 4.45% 4.93% 5.6%
Dividend per Share 2 7 12 13 13 13 12.81 14.04 15.13
Rate of return 0.96% 1.76% 1.77% 2.05% 2.02% 2.63% 2.88% 3.11%
EPS 2 23.89 28.03 30.33 25.12 21.85 21.95 25.57 28.2
Distribution rate 29.3% 42.8% 42.9% 51.8% 59.5% 58.4% 54.9% 53.7%
Net sales 1 64,215 79,184 86,153 84,683 80,807 80,781 85,005 89,937
EBITDA 1 22,981 27,281 29,979 27,367 25,756 23,975 26,351 28,200
EBIT 1 17,151 21,055 22,802 19,571 17,755 17,477 19,052 20,559
Net income 1 12,036 14,084 15,174 12,550 10,878 10,909 12,685 14,034
Net Debt 1 9,607 27,847 30,671 31,143 27,567 23,591 20,204 15,753
Reference price 2 727.00 679.90 733.60 635.50 645.00 486.85 486.85 486.85
Nbr of stocks (in thousands) 503,785 501,103 499,410 499,744 495,126 496,391 - -
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.($)
20.73x2.68x13.65x1.01% 22.64B
21.23x4.04x9.88x2.68% 15.74B
10.53x1.02x4.89x-.--% 13.21B
14.32x2.16x9.12x1.88% 10.01B
15.81x1.57x10.28x2.45% 9.37B
12.79x1.62x7.06x6.57% 7.07B
16.31x1x9.49x2.13% 6.66B
Average 15.96x 2.01x 9.20x 2.39% 12.1B
Weighted average by Cap. 16.92x 2.27x 9.80x 1.98%

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