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 Analysis

Solid track record with excellent balance sheet and pays a dividend.


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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

20.8%

CDI

9.0%

FR Luxury

7.1%

FR Market


1 Year Return

-28.0%

CDI

-2.0%

FR Luxury

-17.6%

FR Market

Return vs Industry: CDI underperformed the French Luxury industry which returned -2% over the past year.

Return vs Market: CDI underperformed the French Market which returned -17.6% over the past year.


Shareholder returns

CDIIndustryMarket
7 Day20.8%9.0%7.1%
30 Day-18.4%-8.4%-17.3%
90 Day-31.9%-18.7%-25.4%
1 Year-22.1%-28.0%0.7%-2.0%-14.8%-17.6%
3 Year58.7%42.8%58.7%48.8%0.03%-9.2%
5 Year103.2%75.9%102.8%83.6%9.6%-6.0%

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?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CDI (€319.2) is trading below our estimate of fair value (€894.43)

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


Price To Earnings Ratio

PE vs Industry: CDI is good value based on its PE Ratio (19.6x) compared to the Luxury industry average (21.8x).

PE vs Market: CDI is poor value based on its PE Ratio (19.6x) compared to the French market (13.2x).


Price to Earnings Growth Ratio

PEG Ratio: CDI is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: CDI is overvalued based on its PB Ratio (5.3x) compared to the FR Luxury industry average (1.3x).


Next Steps

Future Growth

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

10.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CDI's forecast earnings growth (10.8% per year) is above the savings rate (-0.1%).

Earnings vs Market: CDI's earnings (10.8% per year) are forecast to grow slower than the French market (12.7% per year).

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

Revenue vs Market: CDI's revenue (7.1% per year) is forecast to grow faster than the French market (3.7% per year).

High Growth Revenue: CDI's revenue (7.1% 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 (19.8%).


Next Steps

Past Performance

How has Christian Dior performed over the past 5 years?

7.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CDI has high quality earnings.

Growing Profit Margin: CDI's current net profit margins (5.5%) are lower than last year (5.5%).


Past Earnings Growth Analysis

Earnings Trend: CDI's earnings have grown by 7.5% per year over the past 5 years.

Accelerating Growth: CDI's earnings growth over the past year (14.1%) exceeds its 5-year average (7.5% per year).

Earnings vs Industry: CDI earnings growth over the past year (14.1%) exceeded the Luxury industry -0.9%.


Return on Equity

High ROE: CDI's Return on Equity (21.9%) is considered high.


Next Steps

Financial Health

How is Christian Dior's financial position?


Financial Position Analysis

Short Term Liabilities: CDI's short term assets (€26.9B) exceed its short term liabilities (€22.7B).

Long Term Liabilities: CDI's short term assets (€26.9B) do not cover its long term liabilities (€35.5B).


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 reduced from 44.1% to 36.6% over the past 5 years.

Debt Coverage: CDI's debt is well covered by operating cash flow (89.6%).

Interest Coverage: CDI's interest payments on its debt are well covered by EBIT (27.7x 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?

2.19%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: CDI's dividend (2.13%) is higher than the bottom 25% of dividend payers in the French market (2.04%).

High Dividend: CDI's dividend (2.13%) is low compared to the top 25% of dividend payers in the French market (6.34%).


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 (41.7%), 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 (42.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.9yrs

Average board tenure


CEO

Sidney Toledano (68yo)

4s

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 ($USD13.79M) is above average for companies of similar size in the French market ($USD3.97M).

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


Board Members

NamePositionTenureCompensationOwnership
Sidney Toledano
Vice Chairman & CEO4yrs€12.44m0.11% 65.9m
Bernard Arnault
Chairman31.17yrs€7.96m0.23% 131.4m
Nicolas Bazire
Director2.67yrs€3.99m0.00011% 63.3k
Delphine Gancia
Director7.92yrs€1.65m0.15% 87.9m
Christian de Labriffe
Independent Director33.83yrs€23.53k0.00011% 63.3k
Hélène Desmarais
Independent Director 7.92yrs€18.60k0.00011% 63.3k
Ségolène Gallienne
Independent Director9.92yrs€5.47k0.00011% 63.3k
Jaime de Marichalar y Saenz de Tejada
Advisory Board Memberno data€9.59k0.000080% 46.1k
Renaud de Vabres
Independent Director11yrs€14.77k0.00011% 63.3k
Maria Luisa Piana
Director2.92yrs€463.15k0.00011% 63.3k

7.9yrs

Average Tenure

63yo

Average Age

Experienced Board: CDI's board of directors are considered experienced (7.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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.


Top Shareholders

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: €57.565b
  • 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 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. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/30 20:55
End of Day Share Price2020/03/30 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.