LVMH MOET HENNESSY LOUIS VUI (MC.PA)
FR0000121014 - Common Stock
MC gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 42 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 is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
MC had positive earnings in the past year.
MC had a positive operating cash flow in the past year.
In the past 5 years MC has always been profitable.
MC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of MC (9.66%) is better than 78.05% of its industry peers.
Looking at the Return On Equity, with a value of 21.54%, MC is in the better half of the industry, outperforming 78.05% of the companies in the same industry.
MC's Return On Invested Capital of 13.21% is fine compared to the rest of the industry. MC outperforms 73.17% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MC is above the industry average of 10.96%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.66% | ||
| ROE | 21.54% | ||
| ROIC | 13.21% |
ROA(3y)10.21%
ROA(5y)8.48%
ROE(3y)25.32%
ROE(5y)21.63%
ROIC(3y)13.5%
ROIC(5y)11.53%
1.3 Margins
With an excellent Profit Margin value of 16.31%, MC belongs to the best of the industry, outperforming 87.80% of the companies in the same industry.
In the last couple of years the Profit Margin of MC has grown nicely.
The Operating Margin of MC (25.54%) is better than 90.24% of its industry peers.
In the last couple of years the Operating Margin of MC has grown nicely.
The Gross Margin of MC (68.53%) is better than 68.29% of its industry peers.
In the last couple of years the Gross Margin of MC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.54% | ||
| PM (TTM) | 16.31% | ||
| GM | 68.53% |
OM growth 3Y12.41%
OM growth 5Y4.4%
PM growth 3Y18.7%
PM growth 5Y5.35%
GM growth 3Y2.2%
GM growth 5Y0.64%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), MC is creating value.
Compared to 1 year ago, MC has less shares outstanding
Compared to 5 years ago, MC has less shares outstanding
Compared to 1 year ago, MC has a worse debt to assets ratio.
2.2 Solvency
MC has an Altman-Z score of 4.16. This indicates that MC is financially healthy and has little risk of bankruptcy at the moment.
MC has a Altman-Z score of 4.16. This is in the better half of the industry: MC outperforms 75.61% of its industry peers.
MC has a debt to FCF ratio of 3.33. This is a good value and a sign of high solvency as MC would need 3.33 years to pay back of all of its debts.
MC's Debt to FCF ratio of 3.33 is fine compared to the rest of the industry. MC outperforms 65.85% of its industry peers.
MC has a Debt/Equity ratio of 0.55. This is a neutral value indicating MC is somewhat dependend on debt financing.
MC's Debt to Equity ratio of 0.55 is in line compared to the rest of the industry. MC outperforms 58.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 3.33 | ||
| Altman-Z | 4.16 |
ROIC/WACC1.89
WACC7%
2.3 Liquidity
MC has a Current Ratio of 1.38. This is a normal value and indicates that MC is financially healthy and should not expect problems in meeting its short term obligations.
MC has a Current ratio (1.38) which is comparable to the rest of the industry.
A Quick Ratio of 0.63 indicates that MC may have some problems paying its short term obligations.
MC's Quick ratio of 0.63 is on the low side compared to the rest of the industry. MC is outperformed by 65.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.38 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
MC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -12.61%.
Measured over the past years, MC shows a quite strong growth in Earnings Per Share. The EPS has been growing by 19.19% on average per year.
MC shows a small growth in Revenue. In the last year, the Revenue has grown by 1.06%.
The Revenue has been growing by 12.97% on average over the past years. This is quite good.
EPS 1Y (TTM)-12.61%
EPS 3Y48.19%
EPS 5Y19.19%
EPS Q2Q%-14.12%
Revenue 1Y (TTM)1.06%
Revenue growth 3Y24.49%
Revenue growth 5Y12.97%
Sales Q2Q%-1.33%
3.2 Future
The Earnings Per Share is expected to grow by 8.48% on average over the next years. This is quite good.
The Revenue is expected to grow by 4.68% on average over the next years.
EPS Next Y-6.37%
EPS Next 2Y-0.48%
EPS Next 3Y2.93%
EPS Next 5Y8.48%
Revenue Next Year-1.57%
Revenue Next 2Y1.36%
Revenue Next 3Y3.11%
Revenue Next 5Y4.68%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
Based on the Price/Earnings ratio of 22.47, the valuation of MC can be described as rather expensive.
MC's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 27.42. MC is around the same levels.
A Price/Forward Earnings ratio of 20.90 indicates a rather expensive valuation of MC.
60.98% of the companies in the same industry are more expensive than MC, based on the Price/Forward Earnings ratio.
MC's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.56.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.47 | ||
| Fwd PE | 20.9 |
4.2 Price Multiples
MC's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MC indicates a slightly more expensive valuation: MC is more expensive than 70.73% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.88 | ||
| EV/EBITDA | 11.28 |
4.3 Compensation for Growth
The excellent profitability rating of MC may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.17
EPS Next 2Y-0.48%
EPS Next 3Y2.93%
5. Dividend
5.1 Amount
MC has a Yearly Dividend Yield of 2.01%. Purely for dividend investing, there may be better candidates out there.
MC's Dividend Yield is comparable with the industry average which is at 3.23.
MC's Dividend Yield is comparable with the S&P500 average which is at 2.24.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.01% |
5.2 History
On average, the dividend of MC grows each year by 19.66%, which is quite nice.
Dividend Growth(5Y)19.66%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
MC pays out 48.49% of its income as dividend. This is a bit on the high side, but may be sustainable.
MC's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP48.49%
EPS Next 2Y-0.48%
EPS Next 3Y2.93%
LVMH MOET HENNESSY LOUIS VUI
EPA:MC (12/20/2024, 4:08:19 PM)
627.8
+0.3 (+0.05%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners19.94%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap313.99B
Analysts77.07
Price Target718.87 (14.51%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.01% |
Dividend Growth(5Y)19.66%
DP48.49%
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)-1.15%
PT rev (3m)-13.72%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-8.26%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.47 | ||
| Fwd PE | 20.9 | ||
| P/S | 3.67 | ||
| P/FCF | 25.88 | ||
| P/OCF | 16.58 | ||
| P/B | 4.85 | ||
| P/tB | 18.24 | ||
| EV/EBITDA | 11.28 |
EPS(TTM)27.94
EY4.45%
EPS(NY)30.04
Fwd EY4.79%
FCF(TTM)24.26
FCFY3.86%
OCF(TTM)37.86
OCFY6.03%
SpS171.13
BVpS129.57
TBVpS34.43
PEG (NY)N/A
PEG (5Y)1.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.66% | ||
| ROE | 21.54% | ||
| ROCE | 19.53% | ||
| ROIC | 13.21% | ||
| ROICexc | 14.54% | ||
| ROICexgc | 25.52% | ||
| OM | 25.54% | ||
| PM (TTM) | 16.31% | ||
| GM | 68.53% | ||
| FCFM | 14.18% |
ROA(3y)10.21%
ROA(5y)8.48%
ROE(3y)25.32%
ROE(5y)21.63%
ROIC(3y)13.5%
ROIC(5y)11.53%
ROICexc(3y)14.98%
ROICexc(5y)12.98%
ROICexgc(3y)30.58%
ROICexgc(5y)25.78%
ROCE(3y)19.53%
ROCE(5y)16.79%
ROICexcg growth 3Y22.67%
ROICexcg growth 5Y-0.02%
ROICexc growth 3Y22.52%
ROICexc growth 5Y3.6%
OM growth 3Y12.41%
OM growth 5Y4.4%
PM growth 3Y18.7%
PM growth 5Y5.35%
GM growth 3Y2.2%
GM growth 5Y0.64%
F-Score5
Asset Turnover0.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 3.33 | ||
| Debt/EBITDA | 1.22 | ||
| Cap/Depr | 92.68% | ||
| Cap/Sales | 7.95% | ||
| Interest Coverage | 28.76 | ||
| Cash Conversion | 64.85% | ||
| Profit Quality | 86.91% | ||
| Current Ratio | 1.38 | ||
| Quick Ratio | 0.63 | ||
| Altman-Z | 4.16 |
F-Score5
WACC7%
ROIC/WACC1.89
Cap/Depr(3y)78.7%
Cap/Depr(5y)68.63%
Cap/Sales(3y)6.54%
Cap/Sales(5y)6.29%
Profit Quality(3y)97.72%
Profit Quality(5y)117.53%
High Growth Momentum
Growth
EPS 1Y (TTM)-12.61%
EPS 3Y48.19%
EPS 5Y19.19%
EPS Q2Q%-14.12%
EPS Next Y-6.37%
EPS Next 2Y-0.48%
EPS Next 3Y2.93%
EPS Next 5Y8.48%
Revenue 1Y (TTM)1.06%
Revenue growth 3Y24.49%
Revenue growth 5Y12.97%
Sales Q2Q%-1.33%
Revenue Next Year-1.57%
Revenue Next 2Y1.36%
Revenue Next 3Y3.11%
Revenue Next 5Y4.68%
EBIT growth 1Y-2.27%
EBIT growth 3Y39.94%
EBIT growth 5Y17.94%
EBIT Next Year17.01%
EBIT Next 3Y9.75%
EBIT Next 5Y11.04%
FCF growth 1Y-18.79%
FCF growth 3Y7.9%
FCF growth 5Y14.64%
OCF growth 1Y3.85%
OCF growth 3Y19.08%
OCF growth 5Y16.73%