LPP SA
WSE:LPP

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LPP SA Logo
LPP SA
WSE:LPP
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Price: 18 190 PLN -0.6% Market Closed
Market Cap: 33.8B PLN

Relative Value

The Relative Value of one LPP stock under the Base Case scenario is 24 155.44 PLN. Compared to the current market price of 18 190 PLN, LPP SA is Undervalued by 25%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

LPP Relative Value
Base Case
24 155.44 PLN
Undervaluation 25%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
34
vs Industry
26
Median 3Y
1.5
Median 5Y
1.5
Industry
1
Forward
1.3
vs History
50
vs Industry
30
Median 3Y
18.7
Median 5Y
19.1
Industry
18.1
Forward
17.3
vs History
39
vs Industry
38
Median 3Y
8
Median 5Y
8.1
Industry
10.2
vs History
31
vs Industry
20
Median 3Y
21
Median 5Y
21.1
Industry
18.1
vs History
41
vs Industry
7
Median 3Y
5.9
Median 5Y
5.8
Industry
1.3
vs History
33
vs Industry
27
Median 3Y
1.6
Median 5Y
1.6
Industry
1.1
Forward
1.4
vs History
41
vs Industry
42
Median 3Y
3
Median 5Y
3.1
Industry
3.9
vs History
46
vs Industry
37
Median 3Y
8.2
Median 5Y
8.5
Industry
9.7
Forward
7.1
vs History
55
vs Industry
28
Median 3Y
13.8
Median 5Y
15.1
Industry
12.8
Forward
12.6
vs History
39
vs Industry
39
Median 3Y
8.5
Median 5Y
8.8
Industry
10.9
vs History
11
vs Industry
30
Median 3Y
11.2
Median 5Y
14.8
Industry
14.3
vs History
53
vs Industry
9
Median 3Y
3.3
Median 5Y
3.1
Industry
1

Multiples Across Competitors

LPP Competitors Multiples
LPP SA Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
PL
LPP SA
WSE:LPP
33.8B PLN 1.6 18.7 8.5 14.6
KR
SBW
KRX:102280
1 407.5T KRW 15 321.8 -703 208.4 -474 571.8 -347 358.7
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
244.2B EUR 2.9 22.2 10.2 14.8
FR
Hermes International SCA
PAR:RMS
220.7B EUR 14 49.2 28.8 32.9
FR
EssilorLuxottica SA
PAR:EL
122.1B EUR 4.5 51.3 19.4 36.7
CH
Compagnie Financiere Richemont SA
SIX:CFR
87.5B CHF 4.4 34.1 14.6 19.7
FR
Christian Dior SE
PAR:CDI
85.4B EUR 1 18.8 4.1 5.9
DE
Adidas AG
XETRA:ADS
31.9B EUR 1.3 26.5 11.4 19.1
IN
Titan Company Ltd
NSE:TITAN
3.2T INR 5.2 94.9 57.6 65.6
FR
Kering SA
PAR:KER
29.7B EUR 1.9 40.8 10.8 24.1
CN
ANTA Sports Products Ltd
HKEX:2020
262.5B HKD 3.2 16.1 12.7 12.7
P/E Multiple
Earnings Growth PEG
PL
LPP SA
WSE:LPP
Average P/E: 37.3
18.7
12%
1.6
KR
SBW
KRX:102280
Negative Multiple: -703 208.4 N/A N/A
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
22.2
3%
7.4
FR
Hermes International SCA
PAR:RMS
49.2
9%
5.5
FR
EssilorLuxottica SA
PAR:EL
51.3
21%
2.4
CH
Compagnie Financiere Richemont SA
SIX:CFR
34.1
16%
2.1
FR
Christian Dior SE
PAR:CDI
18.8
N/A N/A
DE
Adidas AG
XETRA:ADS
26.5
46%
0.6
IN
Titan Company Ltd
NSE:TITAN
94.9
29%
3.3
FR
Kering SA
PAR:KER
40.8
4%
10.2
CN
ANTA Sports Products Ltd
HKEX:2020
16.1
3%
5.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
PL
LPP SA
WSE:LPP
Average EV/EBITDA: 17.8
8.5
17%
0.5
KR
SBW
KRX:102280
Negative Multiple: -474 571.8 N/A N/A
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
10.2
3%
3.4
FR
Hermes International SCA
PAR:RMS
28.8
10%
2.9
FR
EssilorLuxottica SA
PAR:EL
19.4
10%
1.9
CH
Compagnie Financiere Richemont SA
SIX:CFR
14.6
8%
1.8
FR
Christian Dior SE
PAR:CDI
4.1
N/A N/A
DE
Adidas AG
XETRA:ADS
11.4
22%
0.5
IN
Titan Company Ltd
NSE:TITAN
57.6
24%
2.4
FR
Kering SA
PAR:KER
10.8
0%
N/A
CN
ANTA Sports Products Ltd
HKEX:2020
12.7
7%
1.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
PL
LPP SA
WSE:LPP
Average EV/EBIT: 24.6
14.6
15%
1
KR
SBW
KRX:102280
Negative Multiple: -347 358.7 N/A N/A
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
14.8
2%
7.4
FR
Hermes International SCA
PAR:RMS
32.9
9%
3.7
FR
EssilorLuxottica SA
PAR:EL
36.7
17%
2.2
CH
Compagnie Financiere Richemont SA
SIX:CFR
19.7
8%
2.5
FR
Christian Dior SE
PAR:CDI
5.9
N/A N/A
DE
Adidas AG
XETRA:ADS
19.1
36%
0.5
IN
Titan Company Ltd
NSE:TITAN
65.6
26%
2.5
FR
Kering SA
PAR:KER
24.1
-1%
N/A
CN
ANTA Sports Products Ltd
HKEX:2020
12.7
12%
1.1