ENXTPA:CDI

Stock Analysis Report

Executive Summary

Christian Dior SE, through its subsidiaries, engages in the production, distribution, and retail of fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and footwear and accessories worldwide.

Snowflake

Fundamentals

Adequate balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has Christian Dior's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CDI has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.7%

CDI

1.5%

FR Luxury

0.7%

FR Market


1 Year Return

41.6%

CDI

42.9%

FR Luxury

17.5%

FR Market

Return vs Industry: CDI matched the French Luxury industry which returned 42.9% over the past year.

Return vs Market: CDI exceeded the French Market which returned 17.5% over the past year.


Shareholder returns

CDIIndustryMarket
7 Day2.7%1.5%0.7%
30 Day7.0%7.3%5.1%
90 Day5.7%11.7%9.4%
1 Year43.7%41.6%45.3%42.9%21.5%17.5%
3 Year171.4%158.8%125.8%113.2%50.3%36.1%
5 Year266.8%209.0%199.7%159.0%67.6%43.9%

Price Volatility Vs. Market

How volatile is Christian Dior's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Christian Dior undervalued compared to its fair value and its price relative to the market?

44.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CDI (€467.6) is trading below our estimate of fair value (€840.81)

Significantly Below Fair Value: CDI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CDI is poor value based on its PE Ratio (31.4x) compared to the Luxury industry average (30.6x).

PE vs Market: CDI is poor value based on its PE Ratio (31.4x) compared to the French market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: CDI is poor value based on its PEG Ratio (2.7x)


Price to Book Ratio

PB vs Industry: CDI is overvalued based on its PB Ratio (5.7x) compared to the FR Luxury industry average (1.6x).


Next Steps

Future Growth

How is Christian Dior forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

11.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CDI's forecast earnings growth (11.6% per year) is above the savings rate (0.7%).

Earnings vs Market: CDI's earnings (11.6% per year) are forecast to grow faster than the French market (11.5% per year).

High Growth Earnings: CDI's earnings are forecast to grow, but not significantly.

Revenue vs Market: CDI's revenue (8.2% per year) is forecast to grow faster than the French market (4.7% per year).

High Growth Revenue: CDI's revenue (8.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CDI's Return on Equity is forecast to be low in 3 years time (19.9%).


Next Steps

Past Performance

How has Christian Dior performed over the past 5 years?

7.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CDI has high quality earnings.

Growing Profit Margin: CDI's current net profit margins (5.4%) are lower than last year (5.7%).


Past Earnings Growth Analysis

Earnings Trend: CDI's earnings have grown by 7.8% per year over the past 5 years.

Accelerating Growth: CDI's earnings growth over the past year (4.8%) is below its 5-year average (7.8% per year).

Earnings vs Industry: CDI earnings growth over the past year (4.8%) exceeded the Luxury industry 4.3%.


Return on Equity

High ROE: CDI's Return on Equity (19.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Christian Dior's financial position?


Financial Position Analysis

Short Term Liabilities: CDI's short term assets (€29.7B) exceeds its short term liabilities (€21.1B)

Long Term Liabilities: CDI's short term assets (€29.7B) do not cover its long term liabilities (34.5B)


Debt to Equity History and Analysis

Debt Level: CDI's debt to equity ratio (36.6%) is considered satisfactory.

Reducing Debt: CDI's debt to equity ratio has increased from 35.3% to 36.6% over the past 5 years.

Debt Coverage: CDI's debt is well covered by operating cash flow (69%).

Interest Coverage: CDI's interest payments on its debt are well covered by EBIT (40.2x coverage).


Balance Sheet

Inventory Level: CDI has a high level of physical assets or inventory.

Debt Coverage by Assets: CDI's debt is covered by short term assets (assets are 2.1x debt).


Next Steps

Dividend

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

1.33%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Christian Dior before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

company1.3%marketbottom25%1.5%markettop25%4.5%industryaverage1.4%forecastin3Years1.7%

Current dividend yield vs market & industry

Notable Dividend: CDI's dividend (1.33%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.5%).

High Dividend: CDI's dividend (1.33%) is low compared to the top 25% of dividend payers in the French market (4.53%).


Stability and Growth of Payments

Stable Dividend: CDI's dividend payments have been volatile in the past 10 years.

Growing Dividend: CDI's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (41.6%), CDI's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CDI's dividends in 3 years are forecast to be well covered by earnings (42.2% payout ratio).


Next Steps

Management

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

7.6yrs

Average board tenure


CEO

Sidney Toledano (68yo)

3.7yrs

Tenure

€12,438,174

Compensation

Mr. Sidney Toledano serves as President of Fendi France S.A.S. Mr. Toledano is Chief Executive Officer at Christian Dior SE since March 15, 2016. Mr. Toledano was the Chief Executive Officer of Christian D ...


CEO Compensation Analysis

Compensation vs Market: Sidney's total compensation ($USD13.79M) is above average for companies of similar size in the French market ($USD3.52M).

Compensation vs Earnings: Sidney's compensation has been consistent with company performance over the past year.


Board Age and Tenure

7.6yrs

Average Tenure

63yo

Average Age

Experienced Board: CDI's board of directors are considered experienced (7.6 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Florian Ollivier (65yo)

    Chief Financial Officer

    • Tenure: 0yrs
  • Sidney Toledano (68yo)

    Vice Chairman & CEO

    • Tenure: 3.7yrs
    • Compensation: €12.44m

Board Members

  • Bernard Arnault (70yo)

    Chairman

    • Tenure: 30.8yrs
    • Compensation: €7.96m
  • Nicolas Bazire (62yo)

    Director

    • Tenure: 2.3yrs
    • Compensation: €3.99m
  • Delphine Gancia (44yo)

    Director

    • Tenure: 7.6yrs
    • Compensation: €1.65m
  • Christian de Labriffe (72yo)

    Independent Director

    • Tenure: 33.5yrs
    • Compensation: €23.53k
  • Sidney Toledano (68yo)

    Vice Chairman & CEO

    • Tenure: 3.7yrs
    • Compensation: €12.44m
  • Hélène Desmarais (64yo)

    Independent Director

    • Tenure: 7.6yrs
    • Compensation: €18.60k
  • Ségolène Gallienne (42yo)

    Independent Director

    • Tenure: 9.6yrs
    • Compensation: €5.47k
  • Jaime de Marichalar y Saenz de Tejada (56yo)

    Advisory Board Member

    • Tenure: 0yrs
    • Compensation: €9.59k
  • Renaud de Vabres (65yo)

    Independent Director

    • Tenure: 10.8yrs
    • Compensation: €14.77k
  • Maria Luisa Piana (58yo)

    Director

    • Tenure: 2.6yrs
    • Compensation: €463.15k

Company Information

Christian Dior SE's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Christian Dior SE
  • Ticker: CDI
  • Exchange: ENXTPA
  • Founded: 1946
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: €84.328b
  • Shares outstanding: 180.34m
  • Website: https://www.dior-finance.com

Number of Employees


Location

  • Christian Dior SE
  • 30, avenue Montaigne
  • Paris
  • Ile-de-France
  • 75008
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CHDR.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
CDIENXTPA (Euronext Paris)YesOrdinary SharesFREURJan 1992
DIODB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
0NPLLSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992
CDIPBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1992
CDISWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFJan 1992
CHDR.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDNov 2008

Biography

Christian Dior SE, through its subsidiaries, engages in the production, distribution, and retail of fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and footwear a ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/18 20:42
End of Day Share Price2019/11/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.