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Christian Dior

ENXTPA:CDI
Snowflake Description

Flawless balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CDI
ENXTPA
€80B
Market Cap
  1. Home
  2. FR
  3. Consumer Durables
Company description

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. The last earnings update was 27 days ago. More info.


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CDI Share Price and Events
7 Day Returns
0.8%
ENXTPA:CDI
1.3%
FR Luxury
1%
FR Market
1 Year Returns
30.1%
ENXTPA:CDI
19.6%
FR Luxury
3.5%
FR Market
CDI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Christian Dior (CDI) 0.8% 8.4% 25.4% 30.1% 188.4% 200.5%
FR Luxury 1.3% 9.3% 25.3% 19.6% 113.4% 143.8%
FR Market 1% 6% 15% 3.5% 30% 32.9%
1 Year Return vs Industry and Market
  • CDI outperformed the Luxury industry which returned 19.6% over the past year.
  • CDI outperformed the Market in France which returned 3.5% over the past year.

CDI Value

 Is Christian Dior 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 Christian Dior 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 Christian Dior.

ENXTPA:CDI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.5%
Perpetual Growth Rate 10-Year FR Government Bond Rate 0.7%

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 ENXTPA:CDI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year FR Govt Bond Rate 0.7%
Equity Risk Premium S&P Global 6.7%
Luxury Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.73 (1 + (1- 33%) (14.86%))
0.868
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.87
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.73% + (0.868 * 6.65%)
6.5%

Discounted Cash Flow Calculation for ENXTPA:CDI using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Christian Dior 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.

ENXTPA:CDI DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 6.5%)
2019 7,024.00 Analyst x1 6,595.15
2020 7,755.00 Analyst x1 6,836.95
2021 8,307.95 Est @ 7.13% 6,877.24
2022 8,740.88 Est @ 5.21% 6,793.85
2023 9,078.95 Est @ 3.87% 6,625.77
2024 9,344.72 Est @ 2.93% 6,403.35
2025 9,556.75 Est @ 2.27% 6,148.81
2026 9,729.55 Est @ 1.81% 5,877.79
2027 9,874.10 Est @ 1.49% 5,600.91
2028 9,998.49 Est @ 1.26% 5,325.20
Present value of next 10 years cash flows €63,085.02
ENXTPA:CDI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €9,998.49 × (1 + 0.73%) ÷ (6.5% – 0.73%)
€174,569.11
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €174,569.11 ÷ (1 + 6.5%)10
€92,975.59
ENXTPA:CDI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €63,085.02 + €92,975.59
€156,060.62
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €156,060.62 / 180.23
€865.91
ENXTPA:CDI Discount to Share Price
Calculation Result
Value per share (EUR) From above. €865.91
Current discount Discount to share price of €445.20
= -1 x (€445.20 - €865.91) / €865.91
48.6%

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

Current Discount
Amount off the current price Christian Dior is available for.
Intrinsic value
49%
Share price is €445.2 vs Future cash flow value of €865.91
Current Discount Checks
For Christian Dior to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Christian Dior's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Christian Dior'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 Christian Dior's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Christian Dior's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ENXTPA:CDI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €14.30
ENXTPA:CDI Share Price ** ENXTPA (2019-04-24) in EUR €445.2
France Luxury Industry PE Ratio Median Figure of 9 Publicly-Listed Luxury Companies 26.21x
France Market PE Ratio Median Figure of 416 Publicly-Listed Companies 16.24x

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

** Primary Listing of Christian Dior.

ENXTPA:CDI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTPA:CDI Share Price ÷ EPS (both in EUR)

= 445.2 ÷ 14.30

31.13x

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

  • Christian Dior is overvalued based on earnings compared to the FR Luxury industry average.
  • Christian Dior is overvalued based on earnings compared to the France market.
Price based on expected Growth
Does Christian Dior's expected growth come at a high price?
Raw Data
ENXTPA:CDI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 31.13x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
12.3%per year
France Luxury Industry PEG Ratio Median Figure of 6 Publicly-Listed Luxury Companies 2.2x
France Market PEG Ratio Median Figure of 273 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

ENXTPA:CDI PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 31.13x ÷ 12.3%

2.53x

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

  • Christian Dior is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Christian Dior's assets?
Raw Data
ENXTPA:CDI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €79.01
ENXTPA:CDI Share Price * ENXTPA (2019-04-24) in EUR €445.2
France Luxury Industry PB Ratio Median Figure of 14 Publicly-Listed Luxury Companies 1.66x
France Market PB Ratio Median Figure of 617 Publicly-Listed Companies 1.49x
ENXTPA:CDI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTPA:CDI Share Price ÷ Book Value per Share (both in EUR)

= 445.2 ÷ 79.01

5.63x

* Primary Listing of Christian Dior.

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

  • Christian Dior is overvalued based on assets compared to the FR Luxury industry average.
X
Value checks
We assess Christian Dior'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 Luxury 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 Luxury industry average (and greater than 0)? (1 check)
  5. Christian Dior has a total score of 2/6, 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.

CDI Future Performance

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

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
12.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Christian Dior expected to grow at an attractive rate?
  • Christian Dior's earnings growth is expected to exceed the low risk savings rate of 0.7%.
Growth vs Market Checks
  • Christian Dior's earnings growth is positive but not above the France market average.
  • Christian Dior's revenue growth is expected to exceed the France market average.
Annual Growth Rates Comparison
Raw Data
ENXTPA:CDI Future Growth Rates Data Sources
Data Point Source Value (per year)
ENXTPA:CDI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 12.3%
ENXTPA:CDI Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 6.4%
France Luxury Industry Earnings Growth Rate Market Cap Weighted Average 11.4%
France Luxury Industry Revenue Growth Rate Market Cap Weighted Average 7.6%
France Market Earnings Growth Rate Market Cap Weighted Average 13.4%
France Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*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
ENXTPA:CDI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ENXTPA:CDI Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 53,215 10,170 3,305 1
2019-12-31 49,864 9,365 3,019 1
ENXTPA:CDI Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 46,826 8,420 2,574
2018-09-30 45,749 8,096 2,568
2018-06-30 44,672 7,830 2,543
2018-03-31 44,169 7,468 2,392
2017-12-31 43,666 7,048 2,259
2016-12-31 42,872 9,486 2,248
2016-06-30 37,968 5,901 1,569
2016-03-31 37,740 5,743 1,553

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Christian Dior's earnings are expected to grow by 12.3% yearly, however this is not considered high growth (20% yearly).
  • Christian Dior's revenue is expected to grow by 6.4% 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
ENXTPA:CDI 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 1 Analyst Estimates (S&P Global) See Below

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

ENXTPA:CDI Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 18.35 18.35 18.35 1.00
2019-12-31 16.76 16.76 16.76 1.00
ENXTPA:CDI Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 14.30
2018-09-30 14.27
2018-06-30 14.14
2018-03-31 13.31
2017-12-31 12.58
2016-12-31 12.53
2016-06-30 8.75
2016-03-31 8.67

*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.
  • Christian Dior is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Christian Dior'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 France market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the France 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.
Christian Dior has a total score of 2/6, 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.

CDI Past Performance

  How has Christian Dior 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 Christian Dior's growth in the last year to its industry (Luxury).
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.
  • Christian Dior's year on year earnings growth rate has been positive over the past 5 years.
  • Christian Dior's 1-year earnings growth exceeds its 5-year average (13.9% vs 7.4%)
  • Christian Dior's earnings growth has not exceeded the FR Luxury industry average in the past year (13.9% vs 13.9%).
Earnings and Revenue History
Christian Dior'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 Christian Dior Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:CDI Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 46,826.00 2,574.00 21,223.00
2018-09-30 45,749.00 2,568.00 20,797.00
2018-06-30 44,672.00 2,543.00 20,370.00
2018-03-31 44,169.00 2,391.50 20,289.50
2017-12-31 43,666.00 2,259.00 20,210.00
2016-12-31 42,872.00 2,248.00 19,596.00
2016-06-30 37,968.00 1,569.00 18,097.00
2016-03-31 37,739.50 1,553.00 17,867.00
2015-12-31 37,511.00 1,537.00 17,637.00
2015-09-30 36,296.00 1,957.50 17,056.00
2015-06-30 35,081.00 2,378.00 16,475.00
2015-03-31 33,648.00 2,356.50 15,787.50
2014-12-31 32,215.00 2,335.00 15,100.00
2014-09-30 31,541.00 1,880.00 14,674.50
2014-06-30 30,867.00 1,425.00 14,249.00
2013-06-30 28,500.00 1,296.00 13,404.00
2013-04-30 29,881.00 1,431.00 13,466.00
2012-04-30 26,979.00 1,182.00 12,168.00

*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.
  • Christian Dior has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Christian Dior used its assets less efficiently than the FR Luxury industry average last year based on Return on Assets.
  • Christian Dior has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Christian Dior'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 Luxury 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.
Christian Dior has a total score of 3/6, 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.

CDI Health

 How is Christian Dior'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 Christian Dior's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Christian Dior is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Christian Dior's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Christian Dior'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.5x 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 Christian Dior Company Filings, last reported 3 months ago.

ENXTPA:CDI Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 36,372.00 11,922.00 11,228.00
2018-09-30 36,372.00 11,922.00 11,228.00
2018-06-30 33,890.00 13,233.00 10,929.00
2018-03-31 33,890.00 13,233.00 10,929.00
2017-12-31 32,701.00 12,460.00 10,309.00
2016-12-31 30,079.00 9,100.00 4,163.00
2016-06-30 28,129.00 10,382.00 3,408.00
2016-03-31 28,129.00 10,382.00 3,408.00
2015-12-31 27,638.00 10,136.00 4,238.00
2015-09-30 27,638.00 10,136.00 4,238.00
2015-06-30 26,320.00 10,567.00 3,044.00
2015-03-31 26,320.00 10,567.00 3,044.00
2014-12-31 24,662.00 11,019.00 4,640.00
2014-09-30 24,662.00 11,019.00 4,640.00
2014-06-30 30,337.00 10,815.00 2,854.00
2013-06-30 28,106.00 8,627.00 2,276.00
2013-04-30 27,867.00 8,545.00 2,126.00
2012-04-30 25,904.00 9,016.00 1,931.00
  • Christian Dior's level of debt (32.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (33.3% vs 32.8% today).
  • Debt is well covered by operating cash flow (70.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 86.7x coverage).
X
Financial health checks
We assess Christian Dior'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. Christian Dior has a total score of 6/6, 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.

CDI Dividends

 What is Christian Dior'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
1.35%
Current annual income from Christian Dior dividends. Estimated to be 1.73% next year.
If you bought €2,000 of Christian Dior shares you are expected to receive €27 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?
  • Christian Dior's pays a lower dividend yield than the bottom 25% of dividend payers in France (1.55%).
  • Christian Dior's dividend is below the markets top 25% of dividend payers in France (4.31%).
Upcoming dividend payment

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

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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
ENXTPA:CDI 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 1 Analyst Estimates (S&P Global) See Below
France Luxury Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 1.6%
France Market Average Dividend Yield Market Cap Weighted Average of 324 Stocks 2.9%
France Minimum Threshold Dividend Yield 10th Percentile 0.9%
France Bottom 25% Dividend Yield 25th Percentile 1.6%
France Top 25% Dividend Yield 75th Percentile 4.3%

Industry and Market average data is calculated daily.

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

ENXTPA:CDI Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 8.08 1.00
2019-12-31 7.35 1.00
ENXTPA:CDI Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-01-29 6.000 1.489
2018-02-02 5.000 1.457
2017-07-26 3.000 1.066
2017-04-18 3.600 1.449
2016-10-14 3.550 1.819
2016-02-11 3.300 2.123
2015-10-30 3.200 1.976
2014-12-09 3.100 1.826
2014-04-10 3.000 2.116
2013-11-26 2.900 2.129
2013-07-26 2.900 2.063
2013-02-01 0.000 0.000
2012-12-21 0.000 0.000
2012-09-03 2.610 2.279
2012-02-02 2.610 2.327
2011-07-26 2.210 2.293
2011-02-04 2.110 2.021
2010-11-25 2.100 1.979
2010-03-11 1.660 1.934
2010-02-04 1.660 2.281
2009-11-24 1.610 2.242
2009-05-18 1.610 2.630

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Christian Dior's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.3x coverage).
X
Income/ dividend checks
We assess Christian Dior's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 Christian Dior afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Christian Dior 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.

CDI Management

 What is the CEO of Christian Dior'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
Sidney Toledano
COMPENSATION €12,147,478
AGE 67
TENURE AS CEO 3.1 years
CEO Bio

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 Dior Couture S.A. until February 2018. He serves as a Manager of Christian Dior GmbH, Germany, Christian Dior Espanola, Spain, Christian Dior Puerto Banus, Spain, Christian Dior Couture Maroc, Morocco andCalto, Srl, Italy. He serves as General Director of Christian Dior Couture RUS, Russia, Christian Dior Couture Stoleshnikov, Russia and Christian Dior Couture S.de RL de CV, Mexico. He serves as the Chairman of Fendi France, France; Bopel, Italy, Christian Dior Inc., United States, Christian Dior Italia S.r.l., Italy, Christian Dior Saipan, Saipan, Les Jardins d'Avron LLC, United States, Mardi S.p.a., Ital, Lucilla S.r.l., Italy, Sole Director of Christian Dior Puerto Banus, Spain, John Galliano, SA, France, Christian Dior Australia Pty Ltd., Australia, Christian Dior Couture Korea, Korea, Christian Dior Guam Ltd., Guam, Christian Dior Far East Ltd., China; Christian Dior Fashion (Malaysia) Sdn. Bhd., Malaysia, Christian Dior Hong Kong Ltd., China, Christian Dior KK, Japan, Christian Dior New Zealand, New Zealand, Christian Dior Singapore Pte, Singapore, Christian Dior Taiwan Ltd., Taiwan, Christian Dior UK Limited, United Kingdom, Fendi Adele S.r.l., Italy, Fendi International BV, Fendi Industria S.r.l., Italy Fendi Italie S.r.l., Italy, Fendi SA, Luxembourg, Fendi S.r.l., Italy. He has been Vice Chairman at Christian Dior SE since December 1, 2015. He was the Chairman of Christian Dior Couture S.A. since September 11, 2002 until February 2018. He serves as a Director of Fendi Adele, Srl, Italy; Christian Dior Couture S.A.; Fendi Immobili Industriali, Srl, Italy; Fendi Italia, Srl, Italy; Fendi, Srl, Italy; Fendi Asia Pacific, Limited, Hong Kong; Fendi North America, Inc., USA and Fendi, SA, Luxembourg.

CEO Compensation
  • Sidney's compensation has increased by more than 20% in the past year.
  • Sidney's remuneration is higher than average for companies of similar size in France.
Management Team

Sidney Toledano

TITLE
Vice Chairman & CEO
COMPENSATION
€12M
AGE
67
TENURE
3.1 yrs

Florian Ollivier

TITLE
Chief Financial Officer
AGE
64
Board of Directors Tenure

Average tenure and age of the Christian Dior board of directors in years:

7
Average Tenure
62
Average Age
  • The tenure for the Christian Dior board of directors is about average.
Board of Directors

Bernard Arnault

TITLE
Chairman
COMPENSATION
€8M
AGE
69
TENURE
30.3 yrs

Sidney Toledano

TITLE
Vice Chairman & CEO
COMPENSATION
€12M
AGE
67
TENURE
3.3 yrs

Christian de Labriffe

TITLE
Independent Director
COMPENSATION
€27K
AGE
71
TENURE
32.9 yrs

Hélène Desmarais

TITLE
Independent Director
COMPENSATION
€25K
AGE
63
TENURE
7 yrs

Jaime de de Tejada

TITLE
Advisory Board Member
COMPENSATION
€10K
AGE
55

Renaud de Vabres

TITLE
Independent Director
COMPENSATION
€22K
AGE
64
TENURE
10.2 yrs

Ségolène Gallienne

TITLE
Independent Director
COMPENSATION
€5K
AGE
41
TENURE
9 yrs

Delphine Gancia

TITLE
Director
COMPENSATION
€3M
AGE
43
TENURE
7 yrs

Maria Luisa Piana

TITLE
Director
AGE
57
TENURE
2 yrs

Nicolas Bazire

TITLE
Director
COMPENSATION
€4M
AGE
61
TENURE
1.8 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 (€)
X
Management checks
We assess Christian Dior'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. Christian Dior 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.

CDI News

Simply Wall St News

Is Christian Dior SE's (EPA:CDI) 20% ROE Strong Compared To Its Industry?

Christian Dior has a ROE of 20%, based on the last twelve months. … That means that for every €1 worth of shareholders' equity, it generated €0.20 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Christian Dior SE (EPA:CDI): Has Recent Earnings Growth Beaten Long-Term Trend?

For long-term investors, assessing earnings trend over time and against industry benchmarks is more beneficial than examining a single earnings announcement at a point in time. … Were CDI's earnings stronger than its past performances and the industry. … CDI's trailing twelve-month earnings (from 30 June 2018) of €2.5b has.

Simply Wall St -

Is Christian Dior SE (EPA:CDI) Spending Too Much Money?

I will take you through Christian Dior’s cash flow health and the risk-return concept based on the stock’s cash flow yield, using the most recent financial data. … Free cash flow (FCF) is the amount of cash Christian Dior has left after it pays off its expenses, including its net capital expenditures, which is what the company needs to spend each year to maintain or grow its business operations. … There are two methods I will use to evaluate the quality of Christian Dior’s FCF: firstly, I will measure its FCF yield relative to the market index yield; secondly, I will examine whether its operating cash flow will continue to grow into the future, which will give us a sense of sustainability

Simply Wall St -

Christian Dior SE (EPA:CDI): What The Forecasts Are Telling Us

Christian Dior SE (EPA:CDI) to … earnings growth of 10.08% annualised … it's important to take a step back

Simply Wall St -

Should You Buy Christian Dior SE (EPA:CDI) Now?

Today we're going to take a look at the well-established Christian Dior SE (EPA:CDI). … A question to answer is whether Christian Dior's current trading price of €355 reflective of the actual value of the? … Let’s take a look at Christian Dior’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

How Christian Dior SE (EPA:CDI) Delivered A Better ROE Than Its Industry

and want to better understand how you can grow your money by investing in Christian Dior SE (EPA:CDI). … If CDI borrows debt to invest in its business, its profits will be higher. … But ROE does not capture any debt, so we only see high profits and low equity, which is great on the surface

Simply Wall St -

Should You Be Tempted To Sell Christian Dior SE (ENXTPA:CDI) Because Of Its PE Ratio?

and want to better understand how you can grow your money by investing in Christian Dior SE (ENXTPA:CDI). … Christian Dior SE (ENXTPA:CDI) is trading with a trailing P/E of 30.6x, which is higher than the industry average of 25.2x. … Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, understanding the assumptions behind the P/E ratio might change your mind.

Simply Wall St -

Christian Dior SE (ENXTPA:CDI): Will The Growth Last?

In December 2017, Christian Dior SE (ENXTPA:CDI) released its most recent earnings announcement, whicha … signalled

Simply Wall St -

What’s Installed For Christian Dior SE (EPA:CDI)?

In this article, I’ll take you through the sector growth expectations, as well as evaluate whether Christian Dior is lagging or leading its competitors in the industry. … Christian Dior lags the pack with its lower growth rate of 5.73% over the past year, which indicates the company will be growing at a slower pace than its luxury goods peers. … Moreover, the trend of below-industry growth rate is expected to continue in the future with Christian Dior poised to deliver a 1.72% growth compared to the industry average growth rate of 15.65%.

Simply Wall St -

What Do Analysts Think About the future of Christian Dior SE's (EPA:CDI)?

To get some insight, I will try to evaluate Christian Dior's margin behaviour to help recognise the underlying make-up of revenue and expenses that is responsible for driving future earnings expectations and what it means for CDI's returns relative to its competitors. … Margin Calculation for CDI Profit Margin = Net Income ÷ Revenue ∴ Profit Margin = 2.24 Billion ÷ 43.67 Billion = 5.13% The past five years have seen Christian Dior's margin contract, as a result of a 9.76% average growth in revenue outstripping average net income growth of 8.46%, indicating that that a smaller percentage of revenue is being converted in to net income despite the top line growth. … Understanding what could be driving Christian Dior's future earnings It is expected that margins will move from contraction into expansion, with annual revenue growth tipped at 4.70% and annual net income growth forecasted at 6.47%.

Simply Wall St -

CDI Company Info

Description

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. The company offers its fashion and leather goods under the Louis Vuitton, Fendi, Céline, Loewe, Givenchy, Kenzo, Thomas Pink, Berluti, Pucci, and Loro Piana brands; wines and spirits under the Hennessy, Moët & Chandon, Veuve Clicquot, Krug, Château d’Yquem, Belvedere, Glenmorangie, Newton Vineyards, and Numanthia Termes brand names; and perfumes and cosmetics under the Parfums Christian Dior, Guerlain, Parfums Givenchy, Make Up For Ever, Benefit Cosmetics, Fresh, Acqua di Parma, KVD Beauty, Fenty, and Ole Henriksen brands. It also provides watches and jewelry under the Bvlgari, TAG Heuer, Zenith, Hublot, Chaumet, and Fred brands. In addition, the company operates retail stores under the DFS Galleria, Sephora, Le Bon Marché, and Ile de Beauté names; publishes Le Parisien- Aujourd’hui en France, a daily newspaper; designs and builds yachts; and operates the Cova pastry shops. Further, the company is involved in real estate activities under the La Samaritaine brand name; and hotel business. It sells its products through store network, including e-commerce Websites; and agents and distributors. As of December 31, 2017, the company operated 4,374 stores. Christian Dior SE was founded in 1946 and is headquartered in Paris, France.

Details
Name: Christian Dior SE
CDI
Exchange: ENXTPA
Founded: 1946
€80,236,924,614
180,226,695
Website: http://www.dior-finance.com
Address: Christian Dior SE
30, avenue Montaigne,
Paris,
Ile-de-France, 75008,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA CDI Ordinary Shares Euronext Paris FR EUR 02. Jan 1992
OTCPK CHDR.F Ordinary Shares Pink Sheets LLC US USD 02. Jan 1992
DB DIO Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
LSE 0NPL Ordinary Shares London Stock Exchange GB EUR 02. Jan 1992
SWX CDI Ordinary Shares SIX Swiss Exchange CH CHF 02. Jan 1992
BATS-CHIXE CDIP Ordinary Shares BATS 'Chi-X Europe' GB EUR 02. Jan 1992
OTCPK CHDR.Y UNSPONSORD ADR Pink Sheets LLC US USD 17. Nov 2008
Number of employees
Current staff
Staff numbers
141,914
Christian Dior employees.
Industry
Apparel, Accessories and Luxury Goods
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 20:44
End of day share price update: 2019/04/24 00:00
Last estimates confirmation: 2019/03/07
Last earnings filing: 2019/03/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.