ESSILORLUXOTTICA (ESL.DE) Fundamental Analysis & Valuation

FRA:ESL • FR0000121667

216.7 EUR
-2.5 (-1.14%)
Last: Mar 5, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership

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

Fundamental Rating

5

Overall ESL gets a fundamental rating of 5 out of 10. We evaluated ESL against 63 industry peers in the Health Care Equipment & Supplies industry. ESL has only an average score on both its financial health and profitability. ESL is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

5

1. ESL.DE Profitability Analysis

1.1 Basic Checks

  • ESL had positive earnings in the past year.
  • ESL had a positive operating cash flow in the past year.
  • ESL had positive earnings in each of the past 5 years.
  • ESL had a positive operating cash flow in each of the past 5 years.
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

  • Looking at the Return On Assets, with a value of 3.62%, ESL is in line with its industry, outperforming 52.38% of the companies in the same industry.
  • ESL has a Return On Equity (5.95%) which is in line with its industry peers.
  • ESL has a Return On Invested Capital (4.96%) which is in line with its industry peers.
Industry RankSector Rank
ROA 3.62%
ROE 5.95%
ROIC 4.96%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
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

  • With a Profit Margin value of 8.13%, ESL perfoms like the industry average, outperforming 58.73% of the companies in the same industry.
  • In the last couple of years the Profit Margin of ESL has grown nicely.
  • ESL has a Operating Margin (11.85%) which is comparable to the rest of the industry.
  • In the last couple of years the Operating Margin of ESL has grown nicely.
  • ESL has a Gross Margin (59.69%) which is in line with its industry peers.
  • 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-2.08%
OM growth 5Y30.97%
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

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ESL is destroying value.
  • There is no outstanding debt for ESL. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
ESL.DE Yearly Shares OutstandingESL.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 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 20B 40B 60B

2.2 Solvency

  • ESL has an Altman-Z score of 3.08. This indicates that ESL is financially healthy and has little risk of bankruptcy at the moment.
  • With a decent Altman-Z score value of 3.08, ESL is doing good in the industry, outperforming 63.49% of the companies in the same industry.
  • The Debt to FCF ratio of ESL is 3.82, which is a good value as it means it would take ESL, 3.82 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 3.82, ESL is in the better half of the industry, outperforming 61.90% of the companies in the same industry.
  • A Debt/Equity ratio of 0.24 indicates that ESL is not too dependend on debt financing.
  • ESL has a better Debt to Equity ratio (0.24) than 63.49% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.24
Debt/FCF 3.82
Altman-Z 3.08
ROIC/WACC0.63
WACC7.9%
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.
  • Looking at the Current ratio, with a value of 0.99, ESL is doing worse than 82.54% of the companies in the same industry.
  • A Quick Ratio of 0.70 indicates that ESL may have some problems paying its short term obligations.
  • ESL has a worse Quick ratio (0.70) than 77.78% 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 2B 4B 6B 8B 10B

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6

3. ESL.DE Growth Analysis

3.1 Past

  • ESL shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.90%.
  • 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 13.89% on average per year.
  • Based on estimates for the next years, ESL will show a quite strong growth in Revenue. The Revenue will grow by 8.09% on average per year.
EPS Next Y17.32%
EPS Next 2Y16.06%
EPS Next 3Y13.67%
EPS Next 5Y13.89%
Revenue Next Year11.54%
Revenue Next 2Y11.17%
Revenue Next 3Y10.73%
Revenue Next 5Y8.09%

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
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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2

4. ESL.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 31.64, the valuation of ESL can be described as expensive.
  • ESL's Price/Earnings ratio is in line with the industry average.
  • Compared to an average S&P500 Price/Earnings ratio of 26.69, ESL is valued at the same level.
  • With a Price/Forward Earnings ratio of 26.96, ESL can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of ESL indicates a slightly more expensive valuation: ESL is more expensive than 61.90% of the companies listed in the same industry.
  • ESL's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.79.
Industry RankSector Rank
PE 31.64
Fwd PE 26.96
ESL.DE Price Earnings VS Forward Price EarningsESL.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as ESL.
  • Based on the Price/Free Cash Flow ratio, ESL is valued a bit cheaper than 63.49% of the companies in the same industry.
Industry RankSector Rank
P/FCF 26.66
EV/EBITDA 17.15
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's earnings are expected to grow with 13.67% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.83
PEG (5Y)1.03
EPS Next 2Y16.06%
EPS Next 3Y13.67%

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6

5. ESL.DE Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 1.67%, ESL has a reasonable but not impressive dividend return.
  • In the last 3 months the price of ESL has falen by -29.34%. 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 1.06, ESL pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.82, ESL has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 1.67%

5.2 History

  • The dividend of ESL has a limited annual growth rate of 4.50%.
Dividend Growth(5Y)4.5%
Div Incr Years2
Div Non Decr Years3
ESL.DE Yearly Dividends per shareESL.DE Yearly Dividends per shareYearly Dividends per share 2022 2023 2024 2025 1 2 3

5.3 Sustainability

  • ESL pays out 23.63% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of ESL is growing, but earnings are growing more, so the dividend growth is sustainable.
DP23.63%
EPS Next 2Y16.06%
EPS Next 3Y13.67%
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 (3/5/2026, 7:00:00 PM)

216.7

-2.5 (-1.14%)

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 Owners28.97%
Inst Owner ChangeN/A
Ins Owners32.07%
Ins Owner ChangeN/A
Market Cap100.39B
Revenue(TTM)28.49B
Net Income(TTM)2.31B
Analysts85.16
Price Target335.72 (54.92%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.67%
Yearly Dividend2.56
Dividend Growth(5Y)4.5%
DP23.63%
Div Incr Years2
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)1.8%
PT rev (3m)3.86%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.12%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)3.75%
Revenue NY rev (3m)5.04%
Valuation
Industry RankSector Rank
PE 31.64
Fwd PE 26.96
P/S 3.52
P/FCF 26.66
P/OCF 18.97
P/B 2.58
P/tB N/A
EV/EBITDA 17.15
EPS(TTM)6.85
EY3.16%
EPS(NY)8.04
Fwd EY3.71%
FCF(TTM)8.13
FCFY3.75%
OCF(TTM)11.42
OCFY5.27%
SpS61.5
BVpS83.94
TBVpS-4.05
PEG (NY)1.83
PEG (5Y)1.03
Graham Number113.74
Profitability
Industry RankSector Rank
ROA 3.62%
ROE 5.95%
ROCE 6.52%
ROIC 4.96%
ROICexc 5.33%
ROICexgc 34.55%
OM 11.85%
PM (TTM) 8.13%
GM 59.69%
FCFM 13.22%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-2.08%
OM growth 5Y30.97%
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 0.24
Debt/FCF 3.82
Debt/EBITDA 1.46
Cap/Depr 48.99%
Cap/Sales 5.35%
Interest Coverage 250
Cash Conversion 81.55%
Profit Quality 162.68%
Current Ratio 0.99
Quick Ratio 0.7
Altman-Z 3.08
F-Score7
WACC7.9%
ROIC/WACC0.63
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 Y17.32%
EPS Next 2Y16.06%
EPS Next 3Y13.67%
EPS Next 5Y13.89%
Revenue 1Y (TTM)7.48%
Revenue growth 3Y5.17%
Revenue growth 5Y14.58%
Sales Q2Q%9.45%
Revenue Next Year11.54%
Revenue Next 2Y11.17%
Revenue Next 3Y10.73%
Revenue Next 5Y8.09%
EBIT growth 1Y-2.12%
EBIT growth 3Y2.98%
EBIT growth 5Y50.07%
EBIT Next Year73.26%
EBIT Next 3Y27.8%
EBIT Next 5Y18.52%
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 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 2 / 10 to ESSILORLUXOTTICA (ESL.DE). This can be considered as Overvalued.


Can you provide the profitability details for ESSILORLUXOTTICA?

ESSILORLUXOTTICA (ESL.DE) has a profitability rating of 5 / 10.


What is the expected EPS growth for ESSILORLUXOTTICA (ESL.DE) stock?

The Earnings per Share (EPS) of ESSILORLUXOTTICA (ESL.DE) is expected to grow by 17.32% in the next year.


How sustainable is the dividend of ESSILORLUXOTTICA (ESL.DE) stock?

The dividend rating of ESSILORLUXOTTICA (ESL.DE) is 6 / 10 and the dividend payout ratio is 23.63%.