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Kering SA
MIL:1KER

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Kering SA
MIL:1KER
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Price: 232.1 EUR 0.04% Market Closed
Market Cap: €28.5B

P/FCFE

147.6
Current
925%
More Expensive
vs 3-y average of 14.4

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
147.6
=
Market Cap
€29.9B
/
Free Cash Flow to Equity
€193.3m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
147.6
=
Market Cap
€29.9B
/
Free Cash Flow to Equity
€193.3m

Valuation Scenarios

Kering SA is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (14.4), the stock would be worth €22.64 (90% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-90%
Maximum Upside
No Upside Scenarios
Average Downside
86%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 147.6 €232.1
0%
3-Year Average 14.4 €22.64
-90%
5-Year Average 20.3 €31.87
-86%
Industry Average 30.2 €47.46
-80%
Country Average 15 €23.54
-90%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
FR
Kering SA
MIL:1KER
28.5B EUR 147.6 396.2
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
224.1B EUR 26.3 20.6
FR
Hermes International SCA
PAR:RMS
170.2B EUR 43.9 37.6
KR
SBW
KRX:102280
235.5T KRW -64 791.4 -117 637.1
CH
Compagnie Financiere Richemont SA
SIX:CFR
87.3B CHF 35.6 23.5
FR
EssilorLuxottica SA
PAR:EL
84B EUR 22.1 36.3
FR
Christian Dior SE
PAR:CDI
76.7B EUR 8.8 16.9
IN
Titan Company Ltd
NSE:TITAN
3.9T INR 464.9 81.6
DE
Adidas AG
XETRA:ADS
26.3B EUR -71.1 19.7
US
Tapestry Inc
NYSE:TPR
28.9B USD 24.6 55.4
CN
ANTA Sports Products Ltd
HKEX:2020
226.9B HKD 17.7 14.8
P/E Multiple
Earnings Growth PEG
FR
Kering SA
MIL:1KER
Average P/E: 70.3
396.2
186%
2.1
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
20.6
11%
1.9
FR
Hermes International SCA
PAR:RMS
37.6
12%
3.1
KR
SBW
KRX:102280
Negative Multiple: -117 637.1 N/A N/A
CH
Compagnie Financiere Richemont SA
SIX:CFR
23.5
16%
1.5
FR
EssilorLuxottica SA
PAR:EL
36.3
26%
1.4
FR
Christian Dior SE
PAR:CDI
16.9
N/A N/A
IN
Titan Company Ltd
NSE:TITAN
81.6
32%
2.6
DE
Adidas AG
XETRA:ADS
19.7
23%
0.9
US
Tapestry Inc
NYSE:TPR
55.4
107%
0.5
CN
ANTA Sports Products Ltd
HKEX:2020
14.8
10%
1.5

Market Distribution

Higher than 92% of companies in France
Percentile
92nd
Based on 1 206 companies
92nd percentile
147.3
Low
0.1 — 8.4
Typical Range
8.4 — 26.7
High
26.7 —
Distribution Statistics
France
Min 0.1
30th Percentile 8.4
Median 15
70th Percentile 26.7
Max 1 133.8

Kering SA
Glance View

Kering SA, a beacon of luxury in the global fashion industry, roots itself in a history of transformation and strategic reinvention. Founded by François Pinault in 1963 as a timber trading company, it has evolved magnificently over the decades into a major player in the luxury sector. This transformation was marked by a name change in 2013 from PPR to Kering, aligning with its focus on high-end fashion. Kering SA today boasts an impressive portfolio of iconic brands such as Gucci, Saint Laurent, and Bottega Veneta, which are at the heart of its luxury segment. Operating under a multi-brand model, Kering capitalizes on brand diversity while leveraging shared resources and infrastructures to maximize efficiency and foster innovation across its holdings. The company’s profitability hinges on its ability to balance heritage with modernity, nurturing traditional craftsmanship while embracing cutting-edge designs and sustainable practices. Each brand under the Kering umbrella enjoys considerable creative autonomy, empowering them to remain agile and responsive to the ever-changing whims of consumers in the luxury market. This autonomy is paired with strategic oversight from Kering Group, which ensures cohesive brand identity and operational efficiency. Through its focus on exclusive retail environments, partnerships, and a robust online presence, Kering drives revenues by delivering unique customer experiences and maintaining a cachet of exclusivity. By adeptly navigating the intersection of tradition and innovation, Kering SA cements its status as an influential powerhouse in the luxury market, successfully capturing the hearts and wallets of high-end fashion enthusiasts around the globe.

1KER Intrinsic Value
256.85 EUR
Undervaluation 10%
Intrinsic Value
Price €232.1
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