Company Valuation: LVMH

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 366,252 340,700 366,368 317,588 319,356 198,448 - -
Change - -6.98% 7.53% -13.31% 0.56% -37.86% - -
Enterprise Value (EV) 1 375,859 368,547 397,039 348,731 346,923 221,728 218,658 215,377
Change - -1.95% 7.73% -12.17% -0.52% -36.09% -1.38% -1.5%
P/E 30.4x 24.3x 24.2x 25.3x 29.5x 18.3x 16.9x 15.5x
PBR 7.77x 6.19x 6.01x 4.7x 4.76x 2.8x 2.6x 2.42x
PEG - 1.4x 2.95x -1.5x -2.3x 33.63x 2.04x 1.68x
Capitalization / Revenue 5.7x 4.3x 4.25x 3.75x 3.95x 2.47x 2.36x 2.25x
EV / Revenue 5.85x 4.65x 4.61x 4.12x 4.29x 2.75x 2.6x 2.44x
EV / EBITDA 16.4x 13.5x 13.2x 12.7x 13.5x 9.25x 8.6x 7.98x
EV / EBIT 21.9x 17.5x 17.4x 17.8x 19.5x 12.9x 12x 11x
EV / FCF 27.8x 36.4x 49x 33.3x 30.6x 19.7x 17.6x 16.6x
FCF Yield 3.6% 2.74% 2.04% 3% 3.27% 5.08% 5.69% 6.03%
Dividend per Share 2 7 12 13 13 13 12.89 13.56 14.34
Rate of return 0.96% 1.76% 1.77% 2.05% 2.02% 3.2% 3.37% 3.56%
EPS 2 23.89 28.03 30.33 25.12 21.85 21.97 23.79 25.99
Distribution rate 29.3% 42.8% 42.9% 51.8% 59.5% 58.7% 57% 55.2%
Net sales 1 64,215 79,184 86,153 84,683 80,807 80,490 84,032 88,225
EBITDA 1 22,981 27,281 29,979 27,367 25,756 23,971 25,417 26,974
EBIT 1 17,151 21,055 22,802 19,571 17,755 17,242 18,275 19,510
Net income 1 12,036 14,084 15,174 12,550 10,878 10,972 11,914 13,048
Net Debt 1 9,607 27,847 30,671 31,143 27,567 23,280 20,210 16,930
Reference price 2 727.00 679.90 733.60 635.50 645.00 402.45 402.45 402.45
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
18.32x2.75x9.25x3.2% 222B
31.13x7.72x17.13x1.37% 159B
25.07x3.95x13.94x2.32% 122B
61.72x5.02x44.02x0.46% 47.4B
12.43x1.86x6.36x3.72% 28.19B
21.14x2.7x13.59x0.99% 23.55B
11.15x1.28x8.25x6.59% 15.08B
19.23x3.65x9.12x3.04% 13.65B
15.39x2.4x7.18x3.34% 13.1B
Average 23.95x 3.48x 14.32x 2.78% 72B
Weighted average by Cap. 25.59x 4.31x 14.60x 2.4%

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