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Coty

DB:CO3A
Snowflake Description

Fair value with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CO3A
DB
$8B
Market Cap
  1. Home
  2. DE
  3. Household
Company description

Coty Inc., together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. The last earnings update was 70 days ago. More info.


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  • Coty has significant price volatility in the past 3 months.
CO3A Share Price and Events
7 Day Returns
0.8%
DB:CO3A
1.6%
Europe Personal Products
2.4%
DE Market
1 Year Returns
-
DB:CO3A
18%
Europe Personal Products
-6.2%
DE Market
CO3A Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Coty (CO3A) 0.8% -2.8% 48.7% - -62.3% -12%
Europe Personal Products 1.6% 4.4% 13.9% 18% 36% 77.7%
DE Market 2.4% 3% 7.4% -6.2% 9.6% 14.1%
1 Year Return vs Industry and Market
  • No trading data on CO3A.
  • No trading data on CO3A.
Price Volatility
CO3A
Industry
5yr Volatility vs Market

Value

 Is Coty undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Coty to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Coty.

DB:CO3A Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 14 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.9%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:CO3A
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Personal Products Unlevered Beta Simply Wall St/ S&P Global 0.68
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.68 (1 + (1- 21%) (92.41%))
1.118
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.12
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.118 * 5.96%)
6.89%

Discounted Cash Flow Calculation for DB:CO3A using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Coty is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:CO3A DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 6.89%)
2019 159.85 Analyst x4 149.55
2020 651.80 Analyst x7 570.48
2021 897.90 Analyst x5 735.23
2022 1,297.50 Analyst x2 993.96
2023 1,191.00 Analyst x2 853.56
2024 1,120.41 Est @ -5.93% 751.22
2025 1,074.69 Est @ -4.08% 674.12
2026 1,044.73 Est @ -2.79% 613.09
2027 1,025.05 Est @ -1.88% 562.77
2028 1,012.24 Est @ -1.25% 519.92
Present value of next 10 years cash flows $6,423.88
DB:CO3A DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $1,012.24 × (1 + 0.23%) ÷ (6.89% – 0.23%)
$15,230.00
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $15,230.00 ÷ (1 + 6.89%)10
$7,822.57
DB:CO3A Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $6,423.88 + $7,822.57
$14,246.45
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $14,246.45 / 751.39
$18.96
DB:CO3A Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:CO3A represents 0.87833x of NYSE:COTY
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.87833x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 18.96 x 0.87833
€16.65
Value per share (EUR) From above. €16.65
Current discount Discount to share price of €9.89
= -1 x (€9.89 - €16.65) / €16.65
40.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Coty is available for.
Intrinsic value
41%
Share price is €9.89 vs Future cash flow value of €16.65
Current Discount Checks
For Coty to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Coty's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Coty's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Coty's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Coty's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:CO3A PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-1.64
NYSE:COTY Share Price ** NYSE (2019-04-18) in USD $11.26
Europe Personal Products Industry PE Ratio Median Figure of 23 Publicly-Listed Personal Products Companies 17.54x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 19.67x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Coty.

DB:CO3A PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:COTY Share Price ÷ EPS (both in USD)

= 11.26 ÷ -1.64

-6.87x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Coty is loss making, we can't compare its value to the Europe Personal Products industry average.
  • Coty is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Coty's expected growth come at a high price?
Raw Data
DB:CO3A PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -6.87x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts
72.4%per year
Europe Personal Products Industry PEG Ratio Median Figure of 16 Publicly-Listed Personal Products Companies 1.25x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Coty, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Coty's assets?
Raw Data
DB:CO3A PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $10.12
NYSE:COTY Share Price * NYSE (2019-04-18) in USD $11.26
Europe Personal Products Industry PB Ratio Median Figure of 38 Publicly-Listed Personal Products Companies 2.27x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.85x
DB:CO3A PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:COTY Share Price ÷ Book Value per Share (both in USD)

= 11.26 ÷ 10.12

1.11x

* Primary Listing of Coty.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Coty is good value based on assets compared to the Europe Personal Products industry average.
X
Value checks
We assess Coty's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Personal Products industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Personal Products industry average (and greater than 0)? (1 check)
  5. Coty has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Coty expected to perform in the next 1 to 3 years based on estimates from 14 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
72.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Coty expected to grow at an attractive rate?
  • Coty's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Coty's earnings growth is expected to exceed the Germany market average.
  • Coty's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:CO3A Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:CO3A Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts 72.4%
DB:CO3A Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 14 Analysts 1.6%
Europe Personal Products Industry Earnings Growth Rate Market Cap Weighted Average -0.8%
Europe Personal Products Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.5%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:CO3A Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:CO3A Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-06-30 9,575 514 2
2022-06-30 9,327 447 3
2021-06-30 8,958 1,060 260 10
2020-06-30 8,874 960 179 14
2019-06-30 8,806 608 -1,008 14
DB:CO3A Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 9,065 344 -1,231
2018-09-30 9,191 341 -161
2018-06-30 9,398 414 -169
2018-03-31 9,340 240 -292
2017-12-31 9,149 402 -380
2017-09-30 8,808 764 -442
2017-06-30 7,650 758 -422
2017-03-31 6,485 763 -148
2016-12-31 5,403 648 -11
2016-09-30 4,317 370 31
2016-06-30 4,349 501 157
2016-03-31 4,293 583 209

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Coty's earnings are expected to grow significantly at over 20% yearly.
  • Coty's revenue is expected to grow by 1.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:CO3A Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below

All data from Coty Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CO3A Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-06-30 0.68 0.68 0.68 1.00
2022-06-30 0.56 0.60 0.51 2.00
2021-06-30 0.39 0.43 0.30 3.00
2020-06-30 0.25 0.29 0.20 4.00
2019-06-30 -1.26 -1.22 -1.28 4.00
DB:CO3A Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -1.64
2018-09-30 -0.21
2018-06-30 -0.23
2018-03-31 -0.39
2017-12-31 -0.51
2017-09-30 -0.59
2017-06-30 -0.66
2017-03-31 -0.27
2016-12-31 -0.03
2016-09-30 0.09
2016-06-30 0.45
2016-03-31 0.60

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Coty is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Coty's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Coty has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Coty performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Coty's growth in the last year to its industry (Personal Products).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Coty does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Coty's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Coty's 1-year growth to the Europe Personal Products industry average as it is not currently profitable.
Earnings and Revenue History
Coty's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Coty Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CO3A Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 9,064.60 -1,231.00 4,717.80
2018-09-30 9,191.00 -161.20 4,757.00
2018-06-30 9,398.00 -168.80 4,852.80
2018-03-31 9,339.90 -292.30 4,961.30
2017-12-31 9,149.30 -379.50 4,843.50
2017-09-30 8,808.40 -441.90 4,733.50
2017-06-30 7,650.30 -422.20 4,022.60
2017-03-31 6,484.60 -148.40 3,249.40
2016-12-31 5,403.20 -11.00 2,652.20
2016-09-30 4,317.00 31.20 1,995.70
2016-06-30 4,349.10 156.90 2,003.00
2016-03-31 4,293.00 208.90 2,009.30
2015-12-31 4,276.10 311.20 1,973.80
2015-09-30 4,325.20 347.60 1,996.50
2015-06-30 4,395.20 232.50 2,036.90
2015-03-31 4,417.20 191.40 2,057.60
2014-12-31 4,492.10 -137.40 2,133.00
2014-09-30 4,555.70 -180.30 2,174.40
2014-06-30 4,551.60 -97.40 2,165.10
2014-03-31 4,568.90 -139.60 2,193.50
2013-12-31 4,557.90 134.10 2,211.60
2013-09-30 4,614.20 174.80 2,219.10
2013-06-30 4,649.10 168.00 2,253.80
2013-03-31 4,613.70 -127.00 2,261.10
2012-12-31 4,621.20 -312.80 2,328.60
2012-09-30 4,579.60 -343.60 2,338.20
2012-06-30 4,611.30 -324.40 2,273.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Coty has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Coty has efficiently used its assets last year compared to the Europe Personal Products industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Coty improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Coty's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Personal Products industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Coty has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Coty's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Coty's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Coty's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Coty's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Coty's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Coty Company Filings, last reported 3 months ago.

DB:CO3A Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 8,098.90 7,818.40 417.50
2018-09-30 9,235.30 7,994.70 423.30
2018-06-30 9,516.50 7,524.30 331.60
2018-03-31 10,165.00 7,865.80 460.80
2017-12-31 10,066.80 7,446.10 400.10
2017-09-30 10,016.20 7,769.30 919.20
2017-06-30 9,868.80 7,137.40 535.40
2017-03-31 10,137.00 7,111.40 767.00
2016-12-31 9,881.10 6,496.20 939.20
2016-09-30 336.40 4,390.10 378.00
2016-06-30 440.40 4,098.20 372.40
2016-03-31 534.00 4,150.40 366.60
2015-12-31 501.50 3,661.40 482.70
2015-09-30 977.70 2,792.60 416.00
2015-06-30 1,071.00 2,634.70 341.30
2015-03-31 614.10 3,586.40 1,144.10
2014-12-31 749.10 3,405.10 1,203.20
2014-09-30 785.70 3,237.90 1,002.70
2014-06-30 960.60 3,299.00 1,238.00
2014-03-31 1,503.30 2,750.00 1,147.20
2013-12-31 1,805.20 2,609.10 1,154.00
2013-09-30 1,690.90 2,626.70 946.80
2013-06-30 1,615.50 2,630.20 920.40
2013-03-31 1,215.50 2,533.60 782.90
2012-12-31 1,248.70 2,467.10 752.10
2012-09-30 1,066.70 2,505.40 568.40
2012-06-30 965.10 2,460.30 609.40
  • Coty's level of debt (96.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (144.9% vs 96.5% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Coty has sufficient cash runway for 2.4 years based on current free cash flow.
  • Coty has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 87.9% each year.
X
Financial health checks
We assess Coty's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Coty has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Coty's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.44%
Current annual income from Coty dividends. Estimated to be 4.29% next year.
If you bought €2,000 of Coty shares you are expected to receive €89 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Coty's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • Coty's dividend is above the markets top 25% of dividend payers in Germany (3.7%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:CO3A Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below
Europe Personal Products Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 2.4%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:CO3A Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-06-30
2022-06-30 0.00 1.00
2021-06-30 0.52 5.00
2020-06-30 0.51 7.00
2019-06-30 0.50 8.00
DB:CO3A Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-02-08 0.500 4.512
2018-11-07 0.500 6.612
2018-08-21 0.500 4.307
2018-05-09 0.500 3.667
2017-11-09 0.500 2.698
2017-08-22 0.500 3.094
2017-05-10 0.500 2.614
2016-12-09 0.500 2.690
2016-08-01 0.275 1.189
2016-05-03 0.250 0.945
2016-02-04 0.250 0.881
2015-09-11 0.250 0.938
2015-08-17 0.200 0.694
2015-08-13 0.200 0.672
2015-05-07 0.200 0.731
2015-02-05 0.200 0.855
2014-09-16 0.200 1.087
2014-08-28 0.200 1.156
2014-05-14 0.200 1.163
2014-02-14 0.200 1.309
2013-11-08 0.200 1.341
2013-09-17 0.200 1.264
2013-06-13 0.150 0.892

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Coty has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Coty only paid a dividend in the past 6 years.
Current Payout to shareholders
What portion of Coty's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.3x coverage).
X
Income/ dividend checks
We assess Coty's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Coty afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Coty has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Coty's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Pierre Laubies
TENURE AS CEO 0.4 years
CEO Bio

Mr. Pierre Laubies has been the Chief Executive Officer and Director of Coty Inc. since November 12, 2018. Mr. Laubies served as the Chief Executive Officer of Jacobs Douwe Egberts B.V. Mr. Laubies served as the Chief Executive Officer of D.E Master Blenders 1753 N.V. He serves as an Executive Board Member at D.E Master Blenders 1753 N.V. He served as Global President of Mars Petcare at Mars Polska Sp. z.o.o. He served as the President of Petcare at Mars, Incorporated. He served as the President of Campbell Europe and Vice President of Campbell Soup Company.

CEO Compensation
  • Insufficient data for Pierre to compare compensation growth.
  • Insufficient data for Pierre to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Coty management team in years:

2.5
Average Tenure
53
Average Age
  • The tenure for the Coty management team is about average.
Management Team

Daniel Ramos

TITLE
Chief Scientific Officer and Executive VP of R&D
COMPENSATION
$5M
AGE
45
TENURE
1.6 yrs

Edgar Huber

TITLE
President of Luxury
COMPENSATION
$4M
AGE
56
TENURE
2.5 yrs

Laurent Kleitman

TITLE
President of Consumer Beauty
COMPENSATION
$3M
AGE
52
TENURE
1.9 yrs

Pierre Laubies

TITLE
CEO & Director
TENURE
0.4 yrs

Pierre-André Terisse

TITLE
Chief Financial Officer
TENURE
0.3 yrs

Kevin Monaco

TITLE
Senior VP of Investor Relations & Treasurer
AGE
54
TENURE
9.5 yrs

Greerson McMullen

TITLE
Chief Legal Officer
COMPENSATION
$5M
AGE
55
TENURE
2.5 yrs

Simona Cattaneo

TITLE
Chief Marketing Officer

Sebastien Froidefond

TITLE
Chief Human Resources Officer
AGE
50
TENURE
3.7 yrs

Johanna Businelli

TITLE
Chief Marketing Officer of Color Cosmetics
TENURE
5.8 yrs
Board of Directors Tenure

Average tenure and age of the Coty board of directors in years:

2
Average Tenure
66
Average Age
  • The average tenure for the Coty board of directors is less than 3 years, this suggests a new board.
Board of Directors

Peter Harf

TITLE
Chairman
COMPENSATION
$268K
AGE
72
TENURE
0.4 yrs

Pierre Laubies

TITLE
CEO & Director
TENURE
0.4 yrs

Erhard Schoewel

TITLE
Lead Independent Director
COMPENSATION
$298K
AGE
69
TENURE
0.4 yrs

Bob Singer

TITLE
Director
COMPENSATION
$298K
AGE
66
TENURE
9.3 yrs

Joachim Faber

TITLE
Independent Director
COMPENSATION
$268K
AGE
68
TENURE
8.3 yrs

Olivier Goudet

TITLE
Director
COMPENSATION
$268K
AGE
53
TENURE
5.9 yrs

Paul Michaels

TITLE
Director
COMPENSATION
$268K
AGE
66
TENURE
3.8 yrs

Sabine Chalmers

TITLE
Director
COMPENSATION
$303K
AGE
53
TENURE
2 yrs

Anna-lena Kamenetzky-wetzel

TITLE
Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
16. Nov 18 Buy Pierre Laubies Individual 14. Nov 18 14. Nov 18 2,308,447 €7.68 €17,718,846
16. Nov 18 Buy Robert Singer Individual 15. Nov 18 15. Nov 18 45,000 €7.33 €329,950
27. Aug 18 Buy Robert Singer Individual 23. Aug 18 27. Aug 18 25,000 €10.28 €248,472
18. May 18 Buy Daniel Ramos Individual 11. May 18 15. May 18 46,700 €12.12 €564,504
16. May 18 Buy Robert Singer Individual 11. May 18 11. May 18 15,000 €11.83 €177,421
X
Management checks
We assess Coty's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Coty has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Coty Inc., together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. It operates in three segments: Luxury, Consumer Beauty, and Professional Beauty. The Luxury segment offers prestige fragrances, and skincare and cosmetics products through various retailers, including perfumeries, department stores, and duty-free shops under the Alexander McQueen, Balenciaga, Burberry, Bottega Veneta, Calvin Klein, Cavalli, Chloe, Davidoff, Escada, Gucci, Hugo Boss, Jil Sander, Joop!, Lacoste, Lancaster, Marc Jacobs, Miu Miu, philosophy, Stella McCartney, and Tiffany & Co. brands. The Consumer Beauty segment offers color cosmetics, retail hair coloring and styling products, mass fragrance, and mass skin care and body care products primarily through hypermarkets, supermarkets, drug stores, pharmacies, mid-tier department stores, and traditional food and drug retailers. It provides its products under the Bourjois, Max Factor, Rimmel, Wella, Adidas, Guess, Beckham, Beyonce, Biocolor, Bozzano, Bruno Banani, Clairol, CoverGirl, Enrique, Jovan, Nautica, Mexx, Monange, Paixao, Rimmel, Risque, Sally Hansen, Stetson, Younique, and 007 James Bond brands. The Professional Beauty segment offers hair and nail care products to nail and hair salons, nail and hair professionals, and professional stores under the Wella Professionals, System Professional, OPI, ghd, Clairol Professional, Kadus Professional, Londa Professional, Nioxin, Sassoon Professional, and Sebastian brands. The company also sells its products to third-party distributors, as well as through direct-to-consumer, third party-operated, and own branded Websites. It sells its products to approximately 130 countries. The company was founded in 1904 and is based in New York, New York.

Details
Name: Coty Inc.
CO3A
Exchange: DB
Founded: 1904
$7,523,192,301
751,388,110
Website: http://www.coty.com
Address: Coty Inc.
350 Fifth Avenue,
New York,
New York, 10118,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE COTY Class A Common Stock New York Stock Exchange US USD 13. Jun 2013
DB CO3A Class A Common Stock Deutsche Boerse AG DE EUR 13. Jun 2013
LSE 0I4A Class A Common Stock London Stock Exchange GB USD 13. Jun 2013
BOVESPA COTY34 BDR REPR 1/2 COM 'CLASS A' USD0.01 Bolsa de Valores de Sao Paulo BR BRL 27. Jul 2015
Number of employees
Current staff
Staff numbers
20,000
Coty employees.
Industry
Personal Products
Household
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 21:44
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/18
Last earnings filing: 2019/02/08
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.