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Nov 13
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French (CAC) Luxury Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies13
- 7D-0.04%
- 3M-13.3%
- 1Y-15.9%
- YTD-15.4%
Over the last 7 days, the Luxury industry has risen 1.0%, driven by gains in LVMH Moët Hennessy - Louis Vuitton Société Européenne and Hermès International Société en commandite par actions of 0.9% and 1.0%, respectively. In the past year, the industry is down 15%. As for the next few years, earnings are expected to grow by 7.8% per annum.
Industry Valuation and Performance
Has the French Luxury Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | €619.2b | €204.6b | €26.3b | 14.8x | 23.6x | 3x |
| Sat, 19 Oct 2024 | €665.9b | €204.6b | €26.3b | 16.2x | 25.4x | 3.3x |
| Mon, 16 Sep 2024 | €635.5b | €204.6b | €26.3b | 15.5x | 24.2x | 3.1x |
| Wed, 14 Aug 2024 | €667.9b | €204.6b | €26.3b | 20.5x | 25.4x | 3.3x |
| Fri, 12 Jul 2024 | €737.4b | €205.9b | €28.7b | 19.2x | 25.7x | 3.6x |
| Sun, 09 Jun 2024 | €780.5b | €205.9b | €28.7b | 20.7x | 27.2x | 3.8x |
| Tue, 07 May 2024 | €802.1b | €205.9b | €28.7b | 21.1x | 27.9x | 3.9x |
| Thu, 04 Apr 2024 | €842.3b | €205.9b | €28.7b | 18.5x | 29.3x | 4.1x |
| Sat, 02 Mar 2024 | €861.3b | €206.0b | €28.7b | 20.2x | 30x | 4.2x |
| Mon, 29 Jan 2024 | €771.3b | €206.4b | €28.8b | 17.4x | 26.8x | 3.7x |
| Wed, 27 Dec 2023 | €747.5b | €203.5b | €30.0b | 16.7x | 24.9x | 3.7x |
| Fri, 24 Nov 2023 | €734.5b | €203.5b | €30.0b | 14.5x | 24.5x | 3.6x |
| Sun, 22 Oct 2023 | €668.1b | €203.5b | €30.0b | 17.2x | 22.3x | 3.3x |
| Tue, 19 Sep 2023 | €750.7b | €203.5b | €30.0b | 18.1x | 25x | 3.7x |
| Thu, 17 Aug 2023 | €800.5b | €203.6b | €30.0b | 20.5x | 26.7x | 3.9x |
| Sat, 15 Jul 2023 | €868.2b | €191.1b | €26.8b | 17.2x | 32.3x | 4.5x |
| Mon, 12 Jun 2023 | €813.6b | €191.1b | €26.8b | 17.1x | 30.3x | 4.3x |
| Wed, 10 May 2023 | €867.7b | €191.1b | €26.8b | 18.6x | 32.3x | 4.5x |
| Fri, 07 Apr 2023 | €823.3b | €191.1b | €26.8b | 21.8x | 30.7x | 4.3x |
| Sun, 05 Mar 2023 | €805.7b | €191.2b | €26.9b | 19.5x | 30x | 4.2x |
| Tue, 31 Jan 2023 | €789.7b | €182.1b | €26.1b | 18.8x | 30.2x | 4.3x |
| Thu, 29 Dec 2022 | €679.0b | €175.2b | €25.3b | 19.2x | 26.8x | 3.9x |
| Sat, 26 Nov 2022 | €697.2b | €175.2b | €25.3b | 20.5x | 27.6x | 4x |
| Mon, 24 Oct 2022 | €620.8b | €175.2b | €25.3b | 17.8x | 24.5x | 3.5x |
| Wed, 21 Sep 2022 | €684.0b | €198.2b | €27.1b | 20.3x | 25.3x | 3.5x |
| Fri, 19 Aug 2022 | €767.0b | €198.3b | €27.1b | 20.7x | 28.3x | 3.9x |
| Sun, 17 Jul 2022 | €658.5b | €175.8b | €24.1b | 20.4x | 27.4x | 3.7x |
| Tue, 14 Jun 2022 | €600.1b | €175.8b | €24.1b | 19.4x | 24.9x | 3.4x |
| Thu, 12 May 2022 | €619.3b | €175.7b | €24.1b | 19.9x | 25.7x | 3.5x |
| Sat, 09 Apr 2022 | €703.0b | €175.7b | €24.1b | 21.9x | 29.2x | 4x |
| Mon, 07 Mar 2022 | €646.7b | €163.6b | €22.9b | 24.2x | 28.2x | 4x |
| Wed, 02 Feb 2022 | €790.1b | €160.9b | €22.8b | 30.6x | 34.6x | 4.9x |
| Fri, 31 Dec 2021 | €824.7b | €151.6b | €20.3b | 33.8x | 40.7x | 5.4x |
| Sun, 28 Nov 2021 | €800.1b | €151.6b | €20.3b | 31.3x | 39.5x | 5.3x |
Price to Earnings Ratio
39.5x
Current Industry PE
- Investors are pessimistic on the French Luxury industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 23.7x which is lower than its 3-year average PE of 28.3x.
- The 3-year average PS ratio of 3.9x is higher than the industry's current PS ratio of 3.0x.
Past Earnings Growth
- The earnings for companies in the Luxury industry have grown 9.0% per year over the last three years.
- Revenues for these companies have grown 11% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the French Consumer Discretionary industry?
| FR Market | -0.34% | |
| Consumer Discretionary | -0.32% | |
| Luxury | -0.042% | |
| Footwear | 0% | |
| Textiles | 0% | |
| Apparel, Accessories and Luxury Goods | -0.042% | |
Industry PE
- Investors are most optimistic about the Apparel, Accessories and Luxury Goods industry even though it's trading below its 3-year average PE ratio of 28.3x.
- Analysts are expecting annual earnings growth of 7.8%, which is higher than its past year's earnings decline of 12.9% per year.
- Investors are most pessimistic about the Footwear industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Apparel, Accessories and Luxury Goods industry, expecting annual earnings growth of 7.8% over the next 5 years.
- This is better than its past earnings decline of 13% per year.
- In contrast, the Apparel, Accessories and Luxury Goods industry is expected to see its earnings grow by 7.8% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CDI Christian Dior | €542.50 | 1.2% +€1.2b | -21.2% | PE16.8x | |
| MC LVMH Moët Hennessy - Louis Vuitton Société Européenne | €575.40 | 0.2% +€699.4m | -19.2% | PE20.6x | |
| KER Kering | €214.95 | 1.1% +€275.8m | -46.8% | PE12.7x |
