LVMH MOET HENNESSY LOUIS VUI (MOH.DE) Stock Fundamental Analysis
FRA:MOH - Deutsche Boerse Ag - FR0000121014 - Common Stock - Currency: EUR
We assign a fundamental rating of 5 out of 10 to MOH. MOH was compared to 39 industry peers in the Textiles, Apparel & Luxury Goods industry. MOH has an excellent profitability rating, but there are some minor concerns on its financial health. While showing a medium growth rate, MOH is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
MOH had positive earnings in the past year.
In the past year MOH had a positive cash flow from operations.
MOH had positive earnings in each of the past 5 years.
In the past 5 years MOH always reported a positive cash flow from operatings.
1.2 Ratios
MOH has a Return On Assets of 8.41%. This is in the better half of the industry: MOH outperforms 74.36% of its industry peers.
With a decent Return On Equity value of 18.59%, MOH is doing good in the industry, outperforming 69.23% of the companies in the same industry.
MOH's Return On Invested Capital of 11.52% is fine compared to the rest of the industry. MOH outperforms 69.23% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MOH is above the industry average of 10.52%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.41% | ||
| ROE | 18.59% | ||
| ROIC | 11.52% |
ROA(3y)9.81%
ROA(5y)8.67%
ROE(3y)23%
ROE(5y)21.42%
ROIC(3y)13.1%
ROIC(5y)11.61%
1.3 Margins
With a decent Profit Margin value of 14.82%, MOH is doing good in the industry, outperforming 79.49% of the companies in the same industry.
In the last couple of years the Profit Margin of MOH has grown nicely.
With an excellent Operating Margin value of 23.12%, MOH belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
MOH's Operating Margin has improved in the last couple of years.
MOH has a better Gross Margin (67.03%) than 66.67% of its industry peers.
MOH's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.12% | ||
| PM (TTM) | 14.82% | ||
| GM | 67.03% |
OM growth 3Y-4.64%
OM growth 5Y1.76%
PM growth 3Y-7.53%
PM growth 5Y2.09%
GM growth 3Y-0.62%
GM growth 5Y0.24%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MOH is still creating some value.
The number of shares outstanding for MOH remains at a similar level compared to 1 year ago.
The number of shares outstanding for MOH has been reduced compared to 5 years ago.
Compared to 1 year ago, MOH has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.52 indicates that MOH is not in any danger for bankruptcy at the moment.
MOH has a better Altman-Z score (3.52) than 66.67% of its industry peers.
MOH has a debt to FCF ratio of 3.05. This is a good value and a sign of high solvency as MOH would need 3.05 years to pay back of all of its debts.
MOH has a better Debt to FCF ratio (3.05) than 69.23% of its industry peers.
MOH has a Debt/Equity ratio of 0.52. This is a neutral value indicating MOH is somewhat dependend on debt financing.
MOH's Debt to Equity ratio of 0.52 is fine compared to the rest of the industry. MOH outperforms 64.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 3.05 | ||
| Altman-Z | 3.52 |
ROIC/WACC1.55
WACC7.42%
2.3 Liquidity
A Current Ratio of 1.41 indicates that MOH should not have too much problems paying its short term obligations.
The Current ratio of MOH (1.41) is comparable to the rest of the industry.
MOH has a Quick Ratio of 1.41. This is a bad value and indicates that MOH is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.71, MOH is in line with its industry, outperforming 43.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.41 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
MOH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -17.18%.
The Earnings Per Share has been growing by 12.04% on average over the past years. This is quite good.
The Revenue has decreased by -1.71% in the past year.
The Revenue has been growing by 9.55% on average over the past years. This is quite good.
EPS 1Y (TTM)-17.18%
EPS 3Y1.69%
EPS 5Y12.04%
EPS Q2Q%-21.04%
Revenue 1Y (TTM)-1.71%
Revenue growth 3Y9.66%
Revenue growth 5Y9.55%
Sales Q2Q%-2.07%
3.2 Future
MOH is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.17% yearly.
Based on estimates for the next years, MOH will show a small growth in Revenue. The Revenue will grow by 4.92% on average per year.
EPS Next Y1.99%
EPS Next 2Y7.75%
EPS Next 3Y8.64%
EPS Next 5Y14.17%
Revenue Next Year0.51%
Revenue Next 2Y2.91%
Revenue Next 3Y3.99%
Revenue Next 5Y4.92%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last 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.
4. Valuation
4.1 Price/Earnings Ratio
MOH is valuated rather expensively with a Price/Earnings ratio of 19.63.
Compared to the rest of the industry, the Price/Earnings ratio of MOH is on the same level as its industry peers.
When comparing the Price/Earnings ratio of MOH to the average of the S&P500 Index (28.10), we can say MOH is valued slightly cheaper.
A Price/Forward Earnings ratio of 19.24 indicates a rather expensive valuation of MOH.
61.54% of the companies in the same industry are more expensive than MOH, based on the Price/Forward Earnings ratio.
MOH is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 20.74, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.63 | ||
| Fwd PE | 19.24 |
4.2 Price Multiples
MOH's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, MOH is valued a bit more expensive than 64.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.44 | ||
| EV/EBITDA | 9.56 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MOH does not grow enough to justify the current Price/Earnings ratio.
MOH has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)9.88
PEG (5Y)1.63
EPS Next 2Y7.75%
EPS Next 3Y8.64%
5. Dividend
5.1 Amount
MOH has a Yearly Dividend Yield of 2.66%. Purely for dividend investing, there may be better candidates out there.
In the last 3 months the price of MOH has falen by -27.92%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 3.49, MOH has a dividend in line with its industry peers.
MOH's Dividend Yield is comparable with the S&P500 average which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.66% |
5.2 History
On average, the dividend of MOH grows each year by 15.93%, which is quite nice.
Dividend Growth(5Y)15.93%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
MOH pays out 53.79% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of MOH is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP53.79%
EPS Next 2Y7.75%
EPS Next 3Y8.64%
FRA:MOH (5/5/2025, 7:00:00 PM)
493
-3.25 (-0.65%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners18.84%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap246.57B
Analysts76
Price Target653.76 (32.61%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.66% |
Yearly Dividend13.52
Dividend Growth(5Y)15.93%
DP53.79%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-15.68%
PT rev (3m)-10.77%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-10.25%
EPS NY rev (3m)-13.74%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-5.43%
Revenue NY rev (3m)-4.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.63 | ||
| Fwd PE | 19.24 | ||
| P/S | 2.91 | ||
| P/FCF | 18.44 | ||
| P/OCF | 13.03 | ||
| P/B | 3.65 | ||
| P/tB | 11.95 | ||
| EV/EBITDA | 9.56 |
EPS(TTM)25.12
EY5.1%
EPS(NY)25.62
Fwd EY5.2%
FCF(TTM)26.74
FCFY5.42%
OCF(TTM)37.84
OCFY7.67%
SpS169.32
BVpS135
TBVpS41.26
PEG (NY)9.88
PEG (5Y)1.63
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.41% | ||
| ROE | 18.59% | ||
| ROCE | 16.95% | ||
| ROIC | 11.52% | ||
| ROICexc | 12.95% | ||
| ROICexgc | 22.58% | ||
| OM | 23.12% | ||
| PM (TTM) | 14.82% | ||
| GM | 67.03% | ||
| FCFM | 15.79% |
ROA(3y)9.81%
ROA(5y)8.67%
ROE(3y)23%
ROE(5y)21.42%
ROIC(3y)13.1%
ROIC(5y)11.61%
ROICexc(3y)14.57%
ROICexc(5y)13.15%
ROICexgc(3y)27.51%
ROICexgc(5y)25.78%
ROCE(3y)19.31%
ROCE(5y)17.1%
ROICexcg growth 3Y-9.7%
ROICexcg growth 5Y1.46%
ROICexc growth 3Y-1.68%
ROICexc growth 5Y2.71%
OM growth 3Y-4.64%
OM growth 5Y1.76%
PM growth 3Y-7.53%
PM growth 5Y2.09%
GM growth 3Y-0.62%
GM growth 5Y0.24%
F-Score5
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 3.05 | ||
| Debt/EBITDA | 1.28 | ||
| Cap/Depr | 71.22% | ||
| Cap/Sales | 6.56% | ||
| Interest Coverage | 23.31 | ||
| Cash Conversion | 69.13% | ||
| Profit Quality | 106.55% | ||
| Current Ratio | 1.41 | ||
| Quick Ratio | 0.71 | ||
| Altman-Z | 3.52 |
F-Score5
WACC7.42%
ROIC/WACC1.55
Cap/Depr(3y)87.21%
Cap/Depr(5y)69.61%
Cap/Sales(3y)7.35%
Cap/Sales(5y)6.34%
Profit Quality(3y)88.97%
Profit Quality(5y)115.81%
High Growth Momentum
Growth
EPS 1Y (TTM)-17.18%
EPS 3Y1.69%
EPS 5Y12.04%
EPS Q2Q%-21.04%
EPS Next Y1.99%
EPS Next 2Y7.75%
EPS Next 3Y8.64%
EPS Next 5Y14.17%
Revenue 1Y (TTM)-1.71%
Revenue growth 3Y9.66%
Revenue growth 5Y9.55%
Sales Q2Q%-2.07%
Revenue Next Year0.51%
Revenue Next 2Y2.91%
Revenue Next 3Y3.99%
Revenue Next 5Y4.92%
EBIT growth 1Y-14.06%
EBIT growth 3Y4.57%
EBIT growth 5Y11.48%
EBIT Next Year31.58%
EBIT Next 3Y15.68%
EBIT Next 5Y14.47%
FCF growth 1Y26.23%
FCF growth 3Y-5.77%
FCF growth 5Y10.11%
OCF growth 1Y2.85%
OCF growth 3Y0.49%
OCF growth 5Y10.19%