| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 3/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
KER Overview
Kering SA develops, designs, manufactures, markets, and sells apparel and accessories.
Kering Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €648.80 |
| 52 Week High | €510.40 |
| 52 Week Low | €798.00 |
| Beta | 0.97 |
| 1 Month Change | 2.37% |
| 3 Month Change | -14.38% |
| 1 Year Change | 18.92% |
| 3 Year Change | 72.51% |
| 5 Year Change | 223.43% |
| Change since IPO | 3,039.74% |
Recent News & Updates
Does Kering (EPA:KER) Have A Healthy Balance Sheet?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Why Kering SA (EPA:KER) Could Be Worth Watching
Kering SA ( EPA:KER ) saw significant share price movement during recent months on the ENXTPA, rising to highs of €792...
Does This Valuation Of Kering SA (EPA:KER) Imply Investors Are Overpaying?
How far off is Kering SA ( EPA:KER ) from its intrinsic value? Using the most recent financial data, we'll take a look...
Kering SA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Kering SA ( EPA:KER ) just released its latest interim results and things are looking bullish. Kering beat earnings...
Shareholder Returns
| KER | FR Luxury | FR Market | |
|---|---|---|---|
| 7D | -0.2% | 3.1% | 1.8% |
| 1Y | 18.9% | 56.1% | 40.2% |
Return vs Industry: KER underperformed the French Luxury industry which returned 56.1% over the past year.
Return vs Market: KER underperformed the French Market which returned 40.2% over the past year.
Price Volatility
| KER volatility | |
|---|---|
| KER Beta | 0.97 |
| Industry Beta | 0.83 |
| Market Beta | 1 |
Stable Share Price: KER is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: KER's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1963 | 33,134 | François-Henri Pinault | https://www.kering.com |
Kering SA develops, designs, manufactures, markets, and sells apparel and accessories. The company offers shoes; leather goods, including handbags and wallets, purses, and other leather products; eyewear, textile accessories, etc.; and jewelry and watches, as well as ready-to-wear products for men and women. It also provides perfumes and cosmetics.
Kering Fundamentals Summary
| KER fundamental statistics | |
|---|---|
| Market Cap | €80.59b |
| Earnings (TTM) | €3.34b |
| Revenue (TTM) | €15.77b |
24.1x
P/E Ratio5.1x
P/S RatioIs KER overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| KER income statement (TTM) | |
|---|---|
| Revenue | €15.77b |
| Cost of Revenue | €4.22b |
| Gross Profit | €11.55b |
| Expenses | €8.21b |
| Earnings | €3.34b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 26.88 |
| Gross Margin | 73.24% |
| Net Profit Margin | 21.17% |
| Debt/Equity Ratio | 42.3% |
How did KER perform over the long term?
See historical performance and comparisonDividends
1.2%
Current Dividend Yield21%
Payout RatioValuation
Is Kering undervalued compared to its fair value and its price relative to the market?
24.14x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: KER (€648.8) is trading above our estimate of fair value (€526.56)
Significantly Below Fair Value: KER is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KER is good value based on its PE Ratio (24.1x) compared to the French Luxury industry average (27.5x).
PE vs Market: KER is poor value based on its PE Ratio (24.1x) compared to the French market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: KER is poor value based on its PEG Ratio (2.8x)
Price to Book Ratio
PB vs Industry: KER is overvalued based on its PB Ratio (6.4x) compared to the FR Luxury industry average (3.8x).
Future Growth
How is Kering forecast to perform in the next 1 to 3 years based on estimates from 24 analysts?
8.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KER's forecast earnings growth (8.8% per year) is above the savings rate (0.3%).
Earnings vs Market: KER's earnings (8.8% per year) are forecast to grow slower than the French market (12.2% per year).
High Growth Earnings: KER's earnings are forecast to grow, but not significantly.
Revenue vs Market: KER's revenue (7.4% per year) is forecast to grow faster than the French market (6.3% per year).
High Growth Revenue: KER's revenue (7.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KER's Return on Equity is forecast to be high in 3 years time (22.9%)
Past Performance
How has Kering performed over the past 5 years?
20.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KER has high quality earnings.
Growing Profit Margin: KER's current net profit margins (21.2%) are higher than last year (13.4%).
Past Earnings Growth Analysis
Earnings Trend: KER's earnings have grown significantly by 20.1% per year over the past 5 years.
Accelerating Growth: KER's earnings growth over the past year (82.7%) exceeds its 5-year average (20.1% per year).
Earnings vs Industry: KER earnings growth over the past year (82.7%) underperformed the Luxury industry 100.6%.
Return on Equity
High ROE: KER's Return on Equity (26.7%) is considered high.
Financial Health
How is Kering's financial position?
Financial Position Analysis
Short Term Liabilities: KER's short term assets (€10.2B) exceed its short term liabilities (€7.0B).
Long Term Liabilities: KER's short term assets (€10.2B) exceed its long term liabilities (€9.2B).
Debt to Equity History and Analysis
Debt Level: KER's debt to equity ratio (42.3%) is considered high.
Reducing Debt: KER's debt to equity ratio has reduced from 51.7% to 42.3% over the past 5 years.
Debt Coverage: KER's debt is well covered by operating cash flow (86.1%).
Interest Coverage: KER's interest payments on its debt are well covered by EBIT (29.4x coverage).
Balance Sheet
Dividend
What is Kering current dividend yield, its reliability and sustainability?
1.23%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KER's dividend (1.23%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.29%).
High Dividend: KER's dividend (1.23%) is low compared to the top 25% of dividend payers in the French market (3.9%).
Stability and Growth of Payments
Stable Dividend: KER's dividend payments have been volatile in the past 10 years.
Growing Dividend: KER's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (20.6%), KER's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KER's dividends in 3 years are forecast to be well covered by earnings (49.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
9.1yrs
Average management tenure
CEO
François-Henri Pinault (59 yo)
16.58yrs
Tenure
€5,368,500
Compensation
Mr. François-Henri Pinault has been the Chairman and Chief Executive Officer of Kering SA since May 19, 2005 and March 21, 2005 respectively and serves as President. He serves as Chairman of Group PPR and...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether François-Henri's total compensation is reasonable compared to companies of similar size in the French market.
Compensation vs Earnings: François-Henri's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: KER's management team is seasoned and experienced (9.1 years average tenure).
Board Members
Experienced Board: KER's board of directors are seasoned and experienced ( 10.9 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
Kering SA's employee growth, exchange listings and data sources
Key Information
- Name: Kering SA
- Ticker: KER
- Exchange: ENXTPA
- Founded: 1963
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: €80.586b
- Shares outstanding: 124.21m
- Website: https://www.kering.com
Number of Employees
Location
- Kering SA
- 40 rue de SEvres
- Paris
- Ile-de-France
- 75007
- France
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/26 21:13 |
| End of Day Share Price | 2021/10/26 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.