FR0000121014 - Common Stock

We assign a fundamental rating of **6** out of 10 to **MC**. **MC** was compared to 41 industry peers in the **Textiles, Apparel & Luxury Goods** industry. **MC** has an excellent profitability rating, but there are some minor concerns on its financial health. **MC** has a correct valuation and a medium growth rate.

In the past 5 years **MC** always reported a positive cash flow from operatings.

The **Return On Invested Capital** of **MC** (**14.15%**) is better than **75.00%** of its industry peers.

The **Average Return On Invested Capital** over the past 3 years for **MC** is in line with the industry average of **11.31%**.

The last **Return On Invested Capital** (**14.15%**) for **MC** is above the 3 year average (**10.98%**), which is a sign of increasing profitability.

Industry Rank | Sector Rank | ||
---|---|---|---|

ROA | 11.5% | ||

ROE | 27.78% | ||

ROIC | 14.15% |

ROA(3y)8.13%

ROA(5y)8.07%

ROE(3y)21.22%

ROE(5y)20.59%

ROIC(3y)10.98%

ROIC(5y)11.1%

Looking at the **Profit Margin**, with a value of **18.93%**, **MC** belongs to the top of the industry, outperforming **92.50%** of the companies in the same industry.

Looking at the **Operating Margin**, with a value of **26.41%**, **MC** belongs to the top of the industry, outperforming **87.50%** of the companies in the same industry.

Industry Rank | Sector Rank | ||
---|---|---|---|

OM | 26.41% | ||

PM | 18.93% | ||

GM | 68.72% |

OM growth 3Y7.79%

OM growth 5Y6.4%

PM growth 3Y10.01%

PM growth 5Y7.17%

GM growth 3Y1.1%

GM growth 5Y0.94%

The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so **MC** is still creating some value.

The number of shares outstanding for **MC** has been reduced compared to 1 year ago.

The number of shares outstanding for **MC** has been reduced compared to 5 years ago.

The debt/assets ratio for **MC** has been reduced compared to a year ago.

Looking at the **Debt to FCF ratio**, with a value of **3.68**, **MC** is in the better half of the industry, outperforming **72.50%** of the companies in the same industry.

The **Debt to Equity ratio** of **MC** (**0.57**) is better than **65.00%** of its industry peers.

Industry Rank | Sector Rank | ||
---|---|---|---|

Debt/Equity | 0.57 | ||

Debt/FCF | 3.68 | ||

Altman-Z | 4.45 |

ROIC/WACC4.17

WACC7.15%

With a **Current ratio** value of **1.22**, **MC** is not doing good in the industry: **75.00%** of the companies in the same industry are doing better.

Looking at the **Quick ratio**, with a value of **0.56**, **MC** is doing worse than **70.00%** of the companies in the same industry.

Industry Rank | Sector Rank | ||
---|---|---|---|

Current Ratio | 1.22 | ||

Quick Ratio | 0.56 |

Measured over the past years, **MC** shows a very strong growth in **Earnings Per Share**. The EPS has been growing by **22.48%** on average per year.

The **Revenue** has grown by **17.18%** in the past year. This is quite good.

EPS 1Y21.14%

EPS 3Y25.35%

EPS 5Y22.48%

EPS growth Q2Q30.33%

Revenue growth 1Y17.18%

Revenue growth 3Y13.84%

Revenue growth 5Y13.18%

Revenue growth Q2Q15%

Based on estimates for the next years, **MC** will show a quite strong growth in **Earnings Per Share**. The EPS will grow by **10.57%** on average per year.

EPS Next Y20.96%

EPS Next 2Y15.15%

EPS Next 3Y12.87%

EPS Next 5Y10.57%

Revenue Next Year11.41%

Revenue Next 2Y10.03%

Revenue Next 3Y9.02%

Revenue Next 5Y7.87%

Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.

The average S&P500 **Price/Earnings** ratio is at **25.92**. **MC** is around the same levels.

Based on the **Price/Forward Earnings** ratio, **MC** is valued a bit cheaper than the industry average as 67.50% of the companies are valued more expensively.

Compared to an average S&P500 **Price/Forward Earnings** ratio of **19.01**, **MC** is valued at the same level.

Industry Rank | Sector Rank | ||
---|---|---|---|

PE | 22.91 | ||

Fwd PE | 19.7 |

Based on the **Enterprise Value to EBITDA** ratio, **MC** is valued a bit more expensive than the industry average as 65.00% of the companies are valued more cheaply.

Industry Rank | Sector Rank | ||
---|---|---|---|

P/FCF | 35.16 | ||

EV/EBITDA | 13.2 |

A more expensive valuation may be justified as **MC**'s earnings are expected to grow with **12.87%** in the coming years.

PEG (NY)1.09

PEG (5Y)1.02

EPS Next 2Y15.15%

EPS Next 3Y12.87%

Industry Rank | Sector Rank | ||
---|---|---|---|

Dividend Yield | 1.71% |

On average, the dividend of **MC** grows each year by **24.68%**, which is quite nice.

Dividend Growth(5Y)24.68%

Div Incr Years0

Div Non Decr Years1

The dividend of **MC** is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.

DP39.41%

EPS Next 2Y15.15%

EPS Next 3Y12.87%

**LVMH MOET HENNESSY LOUIS VUI**

EPA:MC (9/22/2023, 7:00:00 PM)

**732.3**

**+3 (+0.41%) **

Chartmill FA Rating

GICS SectorConsumer Discretionary

GICS IndustryGroupConsumer Durables & Apparel

GICS IndustryTextiles, Apparel & Luxury Goods

Earnings (Last)N/A N/A

Earnings (Next)N/A N/A

Inst OwnersN/A

Inst Owner ChangeN/A

Ins OwnersN/A

Ins Owner ChangeN/A

Market Cap365.72B

Analysts83.08

Price Target958.09 (30.83%)

Dividend

Industry Rank | Sector Rank | ||
---|---|---|---|

Dividend Yield | 1.71% |

Dividend Growth(5Y)24.68%

DP39.41%

Div Incr Years0

Div Non Decr Years1

Ex-DateN/A

Surprises & Revisions

EPS beat(2)1

Avg EPS beat(2)4.3%

Min EPS beat(2)4.3%

Max EPS beat(2)4.3%

EPS beat(4)1

Avg EPS beat(4)-1.05%

Min EPS beat(4)-6.4%

Max EPS beat(4)4.3%

Revenue beat(2)1

Avg Revenue beat(2)97034.7%

Min Revenue beat(2)97034.7%

Max Revenue beat(2)97034.7%

Revenue beat(4)2

Avg Revenue beat(4)97555.1%

Min Revenue beat(4)97034.7%

Max Revenue beat(4)98075.5%

PT rev (1m)-0.37%

PT rev (3m)0.27%

EPS NQ rev (1m)N/A

EPS NQ rev (3m)N/A

EPS NY rev (1m)-0.73%

EPS NY rev (3m)0.33%

Revenue NQ rev (1m)N/A

Revenue NQ rev (3m)N/A

Revenue NY rev (1m)-0.43%

Revenue NY rev (3m)0.21%

Valuation

Industry Rank | Sector Rank | ||
---|---|---|---|

PE | 22.91 | ||

Fwd PE | 19.7 | ||

P/S | 4.32 | ||

P/FCF | 35.16 | ||

P/OCF | 21.12 | ||

P/B | 6.34 | ||

P/tB | 52.18 | ||

EV/EBITDA | 13.2 |

EPS(TTM)31.97

EY4.37%

EPS(NY)37.16

Fwd EY5.07%

FCF(TTM)20.83

FCFY2.84%

OCF(TTM)34.67

OCFY4.74%

SpS169.59

BVpS115.57

TBVpS14.03

PEG (NY)1.09

PEG (5Y)1.02

Profitability

Industry Rank | Sector Rank | ||
---|---|---|---|

ROA | 11.5% | ||

ROE | 27.78% | ||

ROCE | 21.28% | ||

ROIC | 14.15% | ||

ROICexc | 15.53% | ||

ROICexgc | 29.8% | ||

OM | 26.41% | ||

PM | 18.93% | ||

GM | 68.72% | ||

FCFM | 12.28% |

ROA(3y)8.13%

ROA(5y)8.07%

ROE(3y)21.22%

ROE(5y)20.59%

ROIC(3y)10.98%

ROIC(5y)11.1%

ROICexc(3y)12.6%

ROICexc(5y)12.48%

ROICexgc(3y)26.1%

ROICexgc(5y)25.79%

ROCE(3y)15.98%

ROCE(5y)16.14%

ROICexcg growth 3Y13.79%

ROICexcg growth 5Y2.91%

ROICexc growth 3Y10.52%

ROICexc growth 5Y6.21%

OM growth 3Y7.79%

OM growth 5Y6.4%

PM growth 3Y10.01%

PM growth 5Y7.17%

GM growth 3Y1.1%

GM growth 5Y0.94%

F-Score8

Asset Turnover0.61

Health

Industry Rank | Sector Rank | ||
---|---|---|---|

Debt/Equity | 0.57 | ||

Debt/FCF | 3.68 | ||

Debt/EBITDA | 1.15 | ||

Cap/Depr | 109.8% | ||

Cap/Sales | 8.17% | ||

Profit Quality | 64.87% | ||

Current Ratio | 1.22 | ||

Quick Ratio | 0.56 | ||

Altman-Z | 4.45 |

F-Score8

WACC7.15%

ROIC/WACC4.17

Cap/Depr(3y)56.02%

Cap/Depr(5y)74.17%

Cap/Sales(3y)5.36%

Cap/Sales(5y)5.82%

Profit Quality(3y)134.22%

Profit Quality(5y)120.41%

Growth

EPS 1Y21.14%

EPS 3Y25.35%

EPS 5Y22.48%

EPS growth Q2Q30.33%

EPS Next Y20.96%

EPS Next 2Y15.15%

EPS Next 3Y12.87%

EPS Next 5Y10.57%

Revenue growth 1Y17.18%

Revenue growth 3Y13.84%

Revenue growth 5Y13.18%

Revenue growth Q2Q15%

Revenue Next Year11.41%

Revenue Next 2Y10.03%

Revenue Next 3Y9.02%

Revenue Next 5Y7.87%

EBIT growth 1Y13.52%

EBIT growth 3Y22.71%

EBIT growth 5Y20.42%

EBIT Next Year36.42%

EBIT Next 3Y18.05%

EBIT Next 5YN/A

FCF growth 1Y-32.11%

FCF growth 3Y15.57%

FCF growth 5Y22.48%

OCF growth 1Y-2.32%

OCF growth 3Y15.25%

OCF growth 5Y20.66%