Company Valuation: LVMH

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 366,252 340,700 366,368 317,588 319,356 246,086 - -
Change - -6.98% 7.53% -13.31% 0.56% -22.94% - -
Enterprise Value (EV) 1 375,859 368,547 397,039 348,731 346,923 269,700 266,333 261,932
Change - -1.95% 7.73% -12.17% -0.52% -22.26% -1.25% -1.65%
P/E 30.4x 24.3x 24.2x 25.3x 29.5x 22.6x 19.4x 17.6x
PBR 7.77x 6.19x 6.01x 4.7x 4.76x 3.44x 3.16x 2.93x
PEG - 1.4x 2.95x -1.5x -2.3x 43.13x 1.2x 1.7x
Capitalization / Revenue 5.7x 4.3x 4.25x 3.75x 3.95x 3.05x 2.9x 2.74x
EV / Revenue 5.85x 4.65x 4.61x 4.12x 4.29x 3.34x 3.14x 2.92x
EV / EBITDA 16.4x 13.5x 13.2x 12.7x 13.5x 11.1x 10x 9.3x
EV / EBIT 21.9x 17.5x 17.4x 17.8x 19.5x 15.4x 14x 12.7x
EV / FCF 27.8x 36.4x 49x 33.3x 30.6x 23.3x 21.1x 18.6x
FCF Yield 3.6% 2.74% 2.04% 3% 3.27% 4.29% 4.74% 5.36%
Dividend per Share 2 7 12 13 13 13 12.88 14.09 15.41
Rate of return 0.96% 1.76% 1.77% 2.05% 2.02% 2.6% 2.84% 3.11%
EPS 2 23.89 28.03 30.33 25.12 21.85 21.96 25.55 28.18
Distribution rate 29.3% 42.8% 42.9% 51.8% 59.5% 58.6% 55.2% 54.7%
Net sales 1 64,215 79,184 86,153 84,683 80,807 80,680 84,886 89,785
EBITDA 1 22,981 27,281 29,979 27,367 25,756 24,362 26,552 28,170
EBIT 1 17,151 21,055 22,802 19,571 17,755 17,507 19,072 20,581
Net income 1 12,036 14,084 15,174 12,550 10,878 10,906 12,675 14,020
Net Debt 1 9,607 27,847 30,671 31,143 27,567 23,614 20,247 15,846
Reference price 2 727.00 679.90 733.60 635.50 645.00 495.75 495.75 495.75
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.($)
22.4x2.89x14.73x0.93% 24.47B
21.52x4.1x10.02x2.65% 15.9B
10.64x1.03x4.92x-.--% 13.35B
13.98x2.12x8.96x1.92% 9.77B
16.03x1.58x10.37x2.36% 9.44B
16.57x1.02x9.61x2.08% 6.81B
10.55x1.31x5.73x7.88% 5.85B
11.02x0.46x2.73x4.56% 4.9B
Average 15.34x 1.81x 8.39x 2.8% 11.31B
Weighted average by Cap. 17.12x 2.23x 9.76x 2.08%

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