Company Valuation: LVMH

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 366,252 340,700 366,368 317,588 319,356 189,375 - -
Change - -6.98% 7.53% -13.31% 0.56% -40.7% - -
Enterprise Value (EV) 1 375,859 368,547 397,039 348,731 346,923 212,605 209,386 205,958
Change - -1.95% 7.73% -12.17% -0.52% -38.72% -1.51% -1.64%
P/E 30.4x 24.3x 24.2x 25.3x 29.5x 17.3x 16x 14.6x
PBR 7.77x 6.19x 6.01x 4.7x 4.76x 2.67x 2.48x 2.31x
PEG - 1.4x 2.95x -1.5x -2.3x 13.06x 1.97x 1.5x
Capitalization / Revenue 5.7x 4.3x 4.25x 3.75x 3.95x 2.35x 2.25x 2.13x
EV / Revenue 5.85x 4.65x 4.61x 4.12x 4.29x 2.64x 2.48x 2.32x
EV / EBITDA 16.4x 13.5x 13.2x 12.7x 13.5x 8.83x 8.18x 7.56x
EV / EBIT 21.9x 17.5x 17.4x 17.8x 19.5x 12.3x 11.3x 10.4x
EV / FCF 27.8x 36.4x 49x 33.3x 30.6x 18.6x 16.4x 15.4x
FCF Yield 3.6% 2.74% 2.04% 3% 3.27% 5.39% 6.11% 6.48%
Dividend per Share 2 7 12 13 13 13 12.93 13.68 14.41
Rate of return 0.96% 1.76% 1.77% 2.05% 2.02% 3.37% 3.56% 3.75%
EPS 2 23.89 28.03 30.33 25.12 21.85 22.14 23.94 26.34
Distribution rate 29.3% 42.8% 42.9% 51.8% 59.5% 58.4% 57.2% 54.7%
Net sales 1 64,215 79,184 86,153 84,683 80,807 80,468 84,264 88,739
EBITDA 1 22,981 27,281 29,979 27,367 25,756 24,075 25,598 27,259
EBIT 1 17,151 21,055 22,802 19,571 17,755 17,273 18,461 19,813
Net income 1 12,036 14,084 15,174 12,550 10,878 11,038 12,041 13,282
Net Debt 1 9,607 27,847 30,671 31,143 27,567 23,231 20,011 16,583
Reference price 2 727.00 679.90 733.60 635.50 645.00 384.05 384.05 384.05
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.($)
17.41x2.62x8.73x3.38% 212B
29.88x7.43x16.41x1.5% 153B
24.68x3.94x13.83x2.33% 121B
60.83x4.41x40.34x0.42% 40.96B
11.14x1.67x5.76x4.19% 25.34B
20.19x2.65x13.43x1.04% 22.24B
10.2x1.16x7.53x7.14% 13.48B
18.73x3.56x8.86x3.12% 13.4B
Average 24.13x 3.43x 14.36x 2.89% 75.19B
Weighted average by Cap. 24.71x 4.18x 13.89x 2.51%

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