Company Valuation: LVMH

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 366,252 340,700 366,368 317,588 319,356 244,820 - -
Change - -6.98% 7.53% -13.31% 0.56% -23.34% - -
Enterprise Value (EV) 1 375,859 368,547 397,039 348,731 346,923 268,666 264,729 260,666
Change - -1.95% 7.73% -12.17% -0.52% -22.56% -1.47% -1.53%
P/E Ratio 30.4x 24.3x 24.2x 25.3x 29.5x 22.5x 19.3x 17.5x
PBR 7.77x 6.19x 6.01x 4.7x 4.76x 3.43x 3.15x 2.92x
PEG - 1.4x 2.95x -1.5x -2.3x 81.38x 1.2x 1.6x
Capitalization / Revenue 5.7x 4.3x 4.25x 3.75x 3.95x 3.03x 2.88x 2.71x
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 10.9x 9.83x 9.13x
EV / EBIT 21.9x 17.5x 17.4x 17.8x 19.5x 15.3x 13.8x 12.6x
EV / FCF 27.8x 36.4x 49x 33.3x 30.6x 22.3x 20.8x 18.4x
FCF Yield 3.6% 2.74% 2.04% 3% 3.27% 4.48% 4.81% 5.43%
Dividend per Share 2 7 12 13 13 13 12.89 14.1 15.4
Rate of return 0.96% 1.76% 1.77% 2.05% 2.02% 2.61% 2.86% 3.12%
EPS 2 23.89 28.03 30.33 25.12 21.85 21.91 25.54 28.26
Distribution rate 29.3% 42.8% 42.9% 51.8% 59.5% 58.8% 55.2% 54.5%
Net sales 1 64,215 79,184 86,153 84,683 80,807 80,903 85,098 90,270
EBITDA 1 22,981 27,281 29,979 27,367 25,756 24,682 26,939 28,566
EBIT 1 17,151 21,055 22,802 19,571 17,755 17,570 19,147 20,706
Net income 1 12,036 14,084 15,174 12,550 10,878 10,947 12,728 14,033
Net Debt 1 9,607 27,847 30,671 31,143 27,567 23,846 19,909 15,846
Reference price 2 727.00 679.90 733.60 635.50 645.00 493.20 493.20 493.20
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 Ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
21.43x2.77x14.1x0.98% 23.41B
23.44x4.45x10.92x2.41% 17.51B
10.92x1.07x5.13x-.--% 13.84B
15.76x2.34x9.91x1.72% 11.02B
15.83x1.56x10.26x2.38% 9.32B
16.68x1.02x9.66x2.07% 6.85B
11.21x1.4x6.1x7.49% 6.21B
12.9x0.65x3.8x3.89% 5.78B
Average 16.02x 1.91x 8.74x 2.62% 11.74B
Weighted average by Cap. 17.49x 2.32x 9.83x 2.02%

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

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