Company Valuation: LVMH

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 366,252 340,700 366,368 317,588 319,356 243,976 - -
Change - -6.98% 7.53% -13.31% 0.56% -23.6% - -
Enterprise Value (EV) 1 375,859 368,547 397,039 348,731 346,923 267,567 264,180 259,730
Change - -1.95% 7.73% -12.17% -0.52% -22.87% -1.27% -1.68%
P/E 30.4x 24.3x 24.2x 25.3x 29.5x 22.4x 19.2x 17.5x
PBR 7.77x 6.19x 6.01x 4.7x 4.76x 3.41x 3.14x 2.91x
PEG - 1.4x 2.95x -1.5x -2.3x 65.49x 1.2x 1.7x
Capitalization / Revenue 5.7x 4.3x 4.25x 3.75x 3.95x 3.02x 2.87x 2.72x
EV / Revenue 5.85x 4.65x 4.61x 4.12x 4.29x 3.32x 3.11x 2.89x
EV / EBITDA 16.4x 13.5x 13.2x 12.7x 13.5x 11.2x 10x 9.21x
EV / EBIT 21.9x 17.5x 17.4x 17.8x 19.5x 15.3x 13.9x 12.6x
EV / FCF 27.8x 36.4x 49x 33.3x 30.6x 22.6x 20.5x 18x
FCF Yield 3.6% 2.74% 2.04% 3% 3.27% 4.42% 4.89% 5.55%
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% 2.61% 2.86% 3.08%
EPS 2 23.89 28.03 30.33 25.12 21.85 21.92 25.55 28.15
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 80,667 84,880 89,776
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 2 727.00 679.90 733.60 635.50 645.00 491.50 491.50 491.50
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
20.4x2.64x13.44x1.03% 22.29B
21.22x4.04x9.88x2.68% 15.67B
10.89x1.06x5.08x-.--% 13.66B
13.71x2.09x8.83x1.96% 9.58B
15.7x1.56x10.22x2.47% 9.31B
16.21x1x9.45x2.14% 6.62B
-18.09x0.82x17.51x-.--% 4.86B
Average 11.44x 1.89x 10.63x 1.47% 11.71B
Weighted average by Cap. 15.04x 2.22x 10.38x 1.47%

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