At €305, Is It Time To Put Kering SA (EPA:KER) On Your Watch List?
Jun 18
French (CAC) Market Analysis & Valuation
UpdatedJun 23, 2024
DataAggregated Company Financials
Companies692
- 7D1.3%
- 3M-6.5%
- 1Y2.3%
- YTD0.6%
Over the last 7 days, the market has risen 1.3%, driven by gains of 2.6% in the Industrials sector. In the last 12 months, the market has been flat. Earnings are forecast to grow by 11% annually.
Market Valuation and Performance
Has the French Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 23 Jun 2024 | €2.9t | €2.1t | €149.6b | 15.8x | 19.7x | 1.4x |
| Tue, 21 May 2024 | €3.2t | €2.1t | €149.3b | 17x | 21.3x | 1.5x |
| Thu, 18 Apr 2024 | €3.1t | €2.1t | €104.8b | 15.5x | 29.5x | 1.5x |
| Sat, 16 Mar 2024 | €3.2t | €2.1t | €101.3b | 14.8x | 31.3x | 1.5x |
| Mon, 12 Feb 2024 | €3.0t | €2.2t | €97.6b | 14.2x | 30.8x | 1.4x |
| Wed, 10 Jan 2024 | €2.9t | €2.2t | €103.8b | 15x | 27.8x | 1.3x |
| Fri, 08 Dec 2023 | €2.9t | €2.2t | €106.0b | 14.4x | 27.4x | 1.3x |
| Sun, 05 Nov 2023 | €2.8t | €2.2t | €105.4b | 13.6x | 26.3x | 1.2x |
| Tue, 03 Oct 2023 | €2.8t | €2.2t | €150.2b | 13.9x | 18.7x | 1.2x |
| Thu, 31 Aug 2023 | €2.9t | €2.2t | €149.9b | 14.3x | 19.7x | 1.3x |
| Sat, 29 Jul 2023 | €3.0t | €2.3t | €149.7b | 14.7x | 20.2x | 1.3x |
| Mon, 26 Jun 2023 | €2.9t | €2.3t | €145.9b | 14.1x | 19.9x | 1.3x |
| Wed, 24 May 2023 | €3.0t | €2.4t | €121.3b | 14.6x | 24.7x | 1.2x |
| Fri, 21 Apr 2023 | €3.1t | €2.4t | €125.4b | 14.9x | 24.8x | 1.3x |
| Sun, 19 Mar 2023 | €2.8t | €2.4t | €124.8b | 15.2x | 22.5x | 1.2x |
| Tue, 14 Feb 2023 | €3.0t | €2.3t | €117.1b | 15.2x | 25.5x | 1.3x |
| Thu, 12 Jan 2023 | €2.9t | €2.3t | €118.2b | 14.6x | 24.2x | 1.3x |
| Sat, 10 Dec 2022 | €2.8t | €2.3t | €118.1b | 14.2x | 23.3x | 1.2x |
| Mon, 07 Nov 2022 | €2.6t | €2.3t | €119.4b | 13.8x | 22x | 1.2x |
| Wed, 05 Oct 2022 | €2.5t | €2.3t | €116.8b | 13.5x | 21.4x | 1.1x |
| Fri, 02 Sep 2022 | €2.5t | €2.2t | €116.1b | 14.7x | 21.6x | 1.1x |
| Sun, 31 Jul 2022 | €2.7t | €2.1t | €114.9b | 14.9x | 23.4x | 1.3x |
| Tue, 28 Jun 2022 | €2.5t | €2.1t | €113.9b | 15.4x | 21.8x | 1.2x |
| Thu, 26 May 2022 | €2.6t | €2.1t | €132.2b | 16.2x | 19.4x | 1.2x |
| Sat, 23 Apr 2022 | €2.7t | €2.1t | €129.3b | 17.5x | 21x | 1.3x |
| Mon, 21 Mar 2022 | €2.8t | €2.1t | €125.4b | 17.8x | 22x | 1.3x |
| Wed, 16 Feb 2022 | €2.9t | €2.1t | €134.2b | 18.9x | 21.6x | 1.4x |
| Fri, 14 Jan 2022 | €3.0t | €2.0t | €122.3b | 18.7x | 24.4x | 1.5x |
| Sun, 12 Dec 2021 | €3.0t | €2.0t | €122.3b | 19x | 24.4x | 1.5x |
| Tue, 09 Nov 2021 | €3.0t | €2.0t | €121.7b | 19.6x | 24.9x | 1.5x |
| Thu, 07 Oct 2021 | €2.8t | €2.0t | €112.4b | 18.9x | 24.6x | 1.4x |
| Sat, 04 Sep 2021 | €2.9t | €2.0t | €109.8b | 21.9x | 26.2x | 1.5x |
| Mon, 02 Aug 2021 | €2.9t | €2.0t | €109.8b | 21.2x | 26.2x | 1.5x |
Price to Earnings Ratio
25.5x
Current Market PE
- Investors are pessimistic on the French market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 19.7x which is lower than its 3-year average PE of 23.6x.
Past Earnings Growth
- The earnings for French listed companies have grown 11% per year over the last three years.
- Revenues for these companies have grown 2.0% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the French Market?
| FR Market | 1.31% | |
| Utilities | 2.78% | |
| Industrials | 2.59% | |
| Telecom | 2.03% | |
| Materials | 1.95% | |
| Financials | 1.73% | |
| Consumer Discretionary | 1.42% | |
| Healthcare | 0.94% | |
| Energy | 0.56% | |
| Real Estate | 0.55% | |
| Consumer Staples | -0.28% | |
| Tech | -1.58% | |
Sector PE
- Investors favour the Consumer Staples sector the most for future growth, which is trading close to its 3-year average PE ratio of 33.4x.
- Analysts are expecting annual earnings growth of 9.1%, which is lower than the prior year's growth of 14.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 73% over the next 5 years.
- This is better than its past earnings decline of 12% per year.
- In contrast, the Energy industry is expected to see its earnings growth to stay flat 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 | Sector | |
|---|---|---|---|---|---|---|
| RMS Hermès International Société en commandite par actions | €2.16k | 2.3% +€5.1b | 13.7% | PE52.5x | Consumer Discretionary | |
| AIR Airbus | €148.58 | 3.3% +€3.8b | 17.2% | PE30x | Industrials | |
| EL EssilorLuxottica Société anonyme | €208.90 | 3.9% +€3.6b | 24.7% | PE41.3x | Healthcare | |
| SU Schneider Electric | €226.50 | 2.4% +€3.0b | 43.3% | PE31.7x | Industrials | |
| MC LVMH Moët Hennessy - Louis Vuitton Société Européenne | €717.30 | 0.8% +€2.9b | -13.6% | PE23.5x | Consumer Discretionary |
