ESSILORLUXOTTICA (ESL.DE) Fundamental Analysis & Valuation

FRA:ESL • FR0000121667

Current stock price

199.2 EUR
+2.45 (+1.25%)
Last:

This ESL.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. ESL.DE Profitability Analysis

1.1 Basic Checks

  • ESL had positive earnings in the past year.
  • In the past year ESL had a positive cash flow from operations.
  • Each year in the past 5 years ESL has been profitable.
  • In the past 5 years ESL always reported a positive cash flow from operatings.
ESL.DE Yearly Net Income VS EBIT VS OCF VS FCFESL.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B

1.2 Ratios

  • With a Return On Assets value of 3.62%, ESL perfoms like the industry average, outperforming 52.38% of the companies in the same industry.
  • ESL has a Return On Equity (5.95%) which is comparable to the rest of the industry.
  • ESL has a Return On Invested Capital (4.95%) which is in line with its industry peers.
  • ESL had an Average Return On Invested Capital over the past 3 years of 4.87%. This is significantly below the industry average of 10.21%.
  • The 3 year average ROIC (4.87%) for ESL is below the current ROIC(4.95%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 3.62%
ROE 5.95%
ROIC 4.95%
ROA(3y)3.69%
ROA(5y)3.41%
ROE(3y)5.93%
ROE(5y)5.53%
ROIC(3y)4.87%
ROIC(5y)4.51%
ESL.DE Yearly ROA, ROE, ROICESL.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

1.3 Margins

  • The Profit Margin of ESL (8.13%) is better than 63.49% of its industry peers.
  • In the last couple of years the Profit Margin of ESL has grown nicely.
  • ESL has a Operating Margin of 11.85%. This is comparable to the rest of the industry: ESL outperforms 53.97% of its industry peers.
  • ESL's Operating Margin has improved in the last couple of years.
  • Looking at the Gross Margin, with a value of 59.69%, ESL is in line with its industry, outperforming 58.73% of the companies in the same industry.
  • In the last couple of years the Gross Margin of ESL has remained more or less at the same level.
Industry RankSector Rank
OM 11.85%
PM (TTM) 8.13%
GM 59.69%
OM growth 3Y-2.11%
OM growth 5Y30.95%
PM growth 3Y-2.57%
PM growth 5Y69.02%
GM growth 3Y-1.64%
GM growth 5Y0.64%
ESL.DE Yearly Profit, Operating, Gross MarginsESL.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

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4

2. ESL.DE Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ESL is destroying value.
  • Compared to 1 year ago, ESL has more shares outstanding
  • Compared to 5 years ago, ESL has more shares outstanding
  • Compared to 1 year ago, ESL has a worse debt to assets ratio.
ESL.DE Yearly Shares OutstandingESL.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M
ESL.DE Yearly Total Debt VS Total AssetsESL.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B

2.2 Solvency

  • ESL has an Altman-Z score of 3.16. This indicates that ESL is financially healthy and has little risk of bankruptcy at the moment.
  • With a decent Altman-Z score value of 3.16, ESL is doing good in the industry, outperforming 63.49% of the companies in the same industry.
  • ESL has a debt to FCF ratio of 3.82. This is a good value and a sign of high solvency as ESL would need 3.82 years to pay back of all of its debts.
  • ESL has a Debt to FCF ratio of 3.82. This is in the better half of the industry: ESL outperforms 68.25% of its industry peers.
  • ESL has a Debt/Equity ratio of 0.25. This is a healthy value indicating a solid balance between debt and equity.
  • With a decent Debt to Equity ratio value of 0.25, ESL is doing good in the industry, outperforming 65.08% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.25
Debt/FCF 3.82
Altman-Z 3.16
ROIC/WACC0.66
WACC7.49%
ESL.DE Yearly LT Debt VS Equity VS FCFESL.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B

2.3 Liquidity

  • A Current Ratio of 0.99 indicates that ESL may have some problems paying its short term obligations.
  • ESL's Current ratio of 0.99 is on the low side compared to the rest of the industry. ESL is outperformed by 76.19% of its industry peers.
  • A Quick Ratio of 0.70 indicates that ESL may have some problems paying its short term obligations.
  • ESL has a Quick ratio of 0.70. This is in the lower half of the industry: ESL underperforms 73.02% of its industry peers.
Industry RankSector Rank
Current Ratio 0.99
Quick Ratio 0.7
ESL.DE Yearly Current Assets VS Current LiabilitesESL.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

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5

3. ESL.DE Growth Analysis

3.1 Past

  • The Earnings Per Share has been growing slightly by 0.90% over the past year.
  • The Earnings Per Share has been growing by 30.65% on average over the past years. This is a very strong growth
  • ESL shows a small growth in Revenue. In the last year, the Revenue has grown by 7.48%.
  • Measured over the past years, ESL shows a quite strong growth in Revenue. The Revenue has been growing by 14.58% on average per year.
EPS 1Y (TTM)0.9%
EPS 3Y2.19%
EPS 5Y30.65%
EPS Q2Q%-0.64%
Revenue 1Y (TTM)7.48%
Revenue growth 3Y5.17%
Revenue growth 5Y14.58%
Sales Q2Q%9.45%

3.2 Future

  • Based on estimates for the next years, ESL will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.77% on average per year.
  • ESL is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.20% yearly.
EPS Next Y12.36%
EPS Next 2Y13.55%
EPS Next 3Y14.08%
EPS Next 5Y9.77%
Revenue Next Year12%
Revenue Next 2Y11.38%
Revenue Next 3Y11.07%
Revenue Next 5Y9.2%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less 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.
ESL.DE Yearly Revenue VS EstimatesESL.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 10B 20B 30B 40B
ESL.DE Yearly EPS VS EstimatesESL.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6 8 10

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3

4. ESL.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 29.08 indicates a quite expensive valuation of ESL.
  • Compared to the rest of the industry, the Price/Earnings ratio of ESL is on the same level as its industry peers.
  • The average S&P500 Price/Earnings ratio is at 26.78. ESL is around the same levels.
  • ESL is valuated quite expensively with a Price/Forward Earnings ratio of 25.88.
  • The rest of the industry has a similar Price/Forward Earnings ratio as ESL.
  • When comparing the Price/Forward Earnings ratio of ESL to the average of the S&P500 Index (23.54), we can say ESL is valued inline with the index average.
Industry RankSector Rank
PE 29.08
Fwd PE 25.88
ESL.DE Price Earnings VS Forward Price EarningsESL.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • ESL's Enterprise Value to EBITDA ratio is in line with the industry average.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of ESL indicates a somewhat cheap valuation: ESL is cheaper than 66.67% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 24.51
EV/EBITDA 16.19
ESL.DE Per share dataESL.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60 80

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • ESL has a very decent profitability rating, which may justify a higher PE ratio.
  • ESL's earnings are expected to grow with 14.08% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.35
PEG (5Y)0.95
EPS Next 2Y13.55%
EPS Next 3Y14.08%

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6

5. ESL.DE Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 2.03%, ESL has a reasonable but not impressive dividend return.
  • The stock price of ESL dropped by -27.59% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
  • ESL's Dividend Yield is a higher than the industry average which is at 1.16.
  • ESL's Dividend Yield is comparable with the S&P500 average which is at 1.83.
Industry RankSector Rank
Dividend Yield 2.03%

5.2 History

  • The dividend of ESL has a limited annual growth rate of 0.65%.
Dividend Growth(5Y)0.65%
Div Incr Years1
Div Non Decr Years4
ESL.DE Yearly Dividends per shareESL.DE Yearly Dividends per shareYearly Dividends per share 2022 2023 2024 2025 2026 0 0 0 0 0

5.3 Sustainability

  • 23.63% of the earnings are spent on dividend by ESL. This is a low number and sustainable payout ratio.
  • ESL's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP23.63%
EPS Next 2Y13.55%
EPS Next 3Y14.08%
ESL.DE Yearly Income VS Free CF VS DividendESL.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B
ESL.DE Dividend Payout.ESL.DE Dividend Payout, showing the Payout Ratio.ESL.DE Dividend Payout.PayoutRetained Earnings

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ESL.DE Fundamentals: All Metrics, Ratios and Statistics

ESSILORLUXOTTICA

FRA:ESL (4/10/2026, 7:00:00 PM)

199.2

+2.45 (+1.25%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)02-11
Earnings (Next)04-22
Inst Owners28.06%
Inst Owner ChangeN/A
Ins Owners32.64%
Ins Owner ChangeN/A
Market Cap92.29B
Revenue(TTM)28.49B
Net Income(TTM)2.31B
Analysts84.85
Price Target326.76 (64.04%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.03%
Yearly Dividend1.19
Dividend Growth(5Y)0.65%
DP23.63%
Div Incr Years1
Div Non Decr Years4
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)0%
PT rev (3m)0.15%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-5.4%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.7%
Revenue NY rev (3m)4.17%
Valuation
Industry RankSector Rank
PE 29.08
Fwd PE 25.88
P/S 3.24
P/FCF 24.51
P/OCF 17.44
P/B 2.37
P/tB N/A
EV/EBITDA 16.19
EPS(TTM)6.85
EY3.44%
EPS(NY)7.7
Fwd EY3.86%
FCF(TTM)8.13
FCFY4.08%
OCF(TTM)11.42
OCFY5.73%
SpS61.5
BVpS83.94
TBVpS-4.05
PEG (NY)2.35
PEG (5Y)0.95
Graham Number113.74
Profitability
Industry RankSector Rank
ROA 3.62%
ROE 5.95%
ROCE 6.52%
ROIC 4.95%
ROICexc 4.99%
ROICexgc 24.01%
OM 11.85%
PM (TTM) 8.13%
GM 59.69%
FCFM 13.22%
ROA(3y)3.69%
ROA(5y)3.41%
ROE(3y)5.93%
ROE(5y)5.53%
ROIC(3y)4.87%
ROIC(5y)4.51%
ROICexc(3y)5.14%
ROICexc(5y)4.76%
ROICexgc(3y)33.36%
ROICexgc(5y)33.03%
ROCE(3y)6.4%
ROCE(5y)5.93%
ROICexgc growth 3Y0.12%
ROICexgc growth 5Y35.81%
ROICexc growth 3Y4%
ROICexc growth 5Y42.45%
OM growth 3Y-2.11%
OM growth 5Y30.95%
PM growth 3Y-2.57%
PM growth 5Y69.02%
GM growth 3Y-1.64%
GM growth 5Y0.64%
F-Score7
Asset Turnover0.45
Health
Industry RankSector Rank
Debt/Equity 0.25
Debt/FCF 3.82
Debt/EBITDA 1.47
Cap/Depr 48.99%
Cap/Sales 5.35%
Interest Coverage 250
Cash Conversion 81.54%
Profit Quality 162.68%
Current Ratio 0.99
Quick Ratio 0.7
Altman-Z 3.16
F-Score7
WACC7.49%
ROIC/WACC0.66
Cap/Depr(3y)49.88%
Cap/Depr(5y)48.88%
Cap/Sales(3y)5.71%
Cap/Sales(5y)5.75%
Profit Quality(3y)150.08%
Profit Quality(5y)168.44%
High Growth Momentum
Growth
EPS 1Y (TTM)0.9%
EPS 3Y2.19%
EPS 5Y30.65%
EPS Q2Q%-0.64%
EPS Next Y12.36%
EPS Next 2Y13.55%
EPS Next 3Y14.08%
EPS Next 5Y9.77%
Revenue 1Y (TTM)7.48%
Revenue growth 3Y5.17%
Revenue growth 5Y14.58%
Sales Q2Q%9.45%
Revenue Next Year12%
Revenue Next 2Y11.38%
Revenue Next 3Y11.07%
Revenue Next 5Y9.2%
EBIT growth 1Y-2.09%
EBIT growth 3Y2.95%
EBIT growth 5Y50.04%
EBIT Next Year73.26%
EBIT Next 3Y27.8%
EBIT Next 5Y19.38%
FCF growth 1Y12.35%
FCF growth 3Y5.46%
FCF growth 5Y10.35%
OCF growth 1Y8.56%
OCF growth 3Y3.42%
OCF growth 5Y12.38%

ESSILORLUXOTTICA / ESL.DE Fundamental Analysis FAQ

What is the ChartMill fundamental rating of ESSILORLUXOTTICA (ESL.DE) stock?

ChartMill assigns a fundamental rating of 5 / 10 to ESL.DE.


What is the valuation status for ESL stock?

ChartMill assigns a valuation rating of 3 / 10 to ESSILORLUXOTTICA (ESL.DE). This can be considered as Overvalued.


How profitable is ESSILORLUXOTTICA (ESL.DE) stock?

ESSILORLUXOTTICA (ESL.DE) has a profitability rating of 6 / 10.


What is the valuation of ESSILORLUXOTTICA based on its PE and PB ratios?

The Price/Earnings (PE) ratio for ESSILORLUXOTTICA (ESL.DE) is 29.08 and the Price/Book (PB) ratio is 2.37.


What is the earnings growth outlook for ESSILORLUXOTTICA?

The Earnings per Share (EPS) of ESSILORLUXOTTICA (ESL.DE) is expected to grow by 12.36% in the next year.