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Carrefour SA
BMV:CAN

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Carrefour SA
BMV:CAN
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Price: 331.05 MXN -3.17% Market Closed
Market Cap: Mex$56.3B

EV/EBITDA

5
Current
16%
More Expensive
vs 3-y average of 4.3

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
5
=
Enterprise Value
Mex$21.9B
/
EBITDA
€4.5B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
5
=
Enterprise Value
Mex$21.9B
/
EBITDA
€4.5B

Valuation Scenarios

Carrefour SA is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (4.3), the stock would be worth Mex$285.02 (14% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-14%
Maximum Upside
+47%
Average Upside
3%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 5 Mex$331.05
0%
3-Year Average 4.3 Mex$285.02
-14%
5-Year Average 4.4 Mex$291.65
-12%
Industry Average 4.6 Mex$305.71
-8%
Country Average 7.3 Mex$485.23
+47%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
Mex$21.9B
/
Jan 2026
€4.5B
=
5
Current
Mex$21.9B
/
Dec 2026
€4.8B
=
4.5
Forward
Mex$21.9B
/
Dec 2027
€4.9B
=
4.4
Forward
Mex$21.9B
/
Dec 2028
€5.1B
=
4.3
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
FR
Carrefour SA
BMV:CAN
11.8B MXN 5 37.5
US
Walmart Inc
NASDAQ:WMT
1T USD 24.3 47.2
US
Costco Wholesale Corp
NASDAQ:COST
446.3B USD 32.2 52.2
MX
Wal Mart de Mexico SAB de CV
BMV:WALMEX
955.8B MXN 9.7 19.3
JP
Aeon Co Ltd
TSE:8267
4.7T JPY 8.7 63.4
AU
Coles Group Ltd
ASX:COL
30.8B AUD 20 30.6
US
BJ's Wholesale Club Holdings Inc
NYSE:BJ
12.4B USD 11.5 21.5
TH
Siam Makro PCL
SET:MAKRO
380.9B THB 15.7 49.5
US
PriceSmart Inc
NASDAQ:PSMT
4.9B USD 13.8 32.1
BR
Atacadao SA
BOVESPA:CRFB3
17.9B BRL 3.8 9.2
MX
Organizacion Soriana SAB de CV
BMV:SORIANAB
62B MXN 6.7 18.7

Market Distribution

Higher than 95% of companies in France
Percentile
95th
Based on 1 558 companies
95th percentile
62.9
Low
0.1 — 5.3
Typical Range
5.3 — 11.7
High
11.7 —
Distribution Statistics
France
Min 0.1
30th Percentile 5.3
Median 7.3
70th Percentile 11.7
Max 1 862.3

Carrefour SA
Glance View

Carrefour SA, a French retail giant, emerges as a pivotal player in the global supermarket arena, wielding a robust business model that spans continents. Born in the 1960s, Carrefour quickly established itself as a pioneer of the hypermarket concept, blending the vast product choice of a department store with the everyday convenience of a supermarket. This innovation allowed Carrefour to expand rapidly, capturing markets in Europe, Latin America, and Asia. As it matured, the company refined its focus on customer experience and operational efficiency. Its outlets, ranging from hypermarkets and supermarkets to convenience stores, provide an array of offerings—groceries, clothing, electronics, and home goods—catering to diverse consumer needs. This diversity, coupled with its vast geographic footprint, enabled Carrefour to harness economies of scale, optimizing both supply chain and pricing strategies to maintain competitive advantages. Revenue streams for Carrefour are as varied as its offerings, but the core remains grounded in direct product sales. Carrefour's ability to stock private-label brands alongside leading brand names affords it better control over pricing and margins, boosting profitability. Additionally, the company's integrated digital strategy, including online grocery services and partnerships with tech firms, underscores its commitment to embracing retail's digital transformation. By investing in data analytics, Carrefour fine-tunes inventory management and personalizes customer interaction, improving both efficiency and the shopper's experience. As the retail landscape evolves, Carrefour continues to leverage its substantial market presence and adaptive strategies, aiming to remain at the forefront of the global retail sector.

CAN Intrinsic Value
1 146 MXN
Undervaluation 71%
Intrinsic Value
Price Mex$331.05
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