ENXTPA:MC

Stock Analysis Report

LVMH Moët Hennessy - Louis Vuitton Société Européenne

Executive Summary

LVMH Moët Hennessy - Louis Vuitton, Société Européenne operates as a luxury products company.

Snowflake

Fundamentals

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


Similar Companies

Share Price & News

How has LVMH Moët Hennessy - Louis Vuitton Société Européenne's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

4.5%

ENXTPA:MC

3.2%

FR Luxury

3.0%

FR Market


1 Year Return

20.6%

ENXTPA:MC

13.0%

FR Luxury

-1.3%

FR Market

MC outperformed the Luxury industry which returned 15.1% over the past year.

MC outperformed the Market in France which returned -0.3% over the past year.


Share holder returns

MCIndustryMarket
7 Day4.5%3.2%3.0%
30 Day-5.8%-5.9%-4.1%
90 Day7.3%5.0%1.2%
1 Year22.9%20.6%15.0%13.0%2.1%-1.3%
3 Year146.1%132.1%111.6%100.1%41.3%27.5%
5 Year236.8%174.0%191.9%152.4%55.6%32.6%

Price Volatility Vs. Market

How volatile is LVMH Moët Hennessy - Louis Vuitton Société Européenne's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is LVMH Moët Hennessy - Louis Vuitton Société Européenne undervalued based on future cash flows and its price relative to the stock market?

27.46x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

LVMH Moët Hennessy - Louis Vuitton Société Européenne's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

LVMH Moët Hennessy - Louis Vuitton Société Européenne's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

LVMH Moët Hennessy - Louis Vuitton Société Européenne is good value based on earnings compared to the FR Luxury industry average.

LVMH Moët Hennessy - Louis Vuitton Société Européenne is overvalued based on earnings compared to the France market.


Price Based on Expected Growth

LVMH Moët Hennessy - Louis Vuitton Société Européenne is poor value based on expected growth next year.


Price Based on Value of Assets

LVMH Moët Hennessy - Louis Vuitton Société Européenne is overvalued based on assets compared to the FR Luxury industry average.


Next Steps

Future Growth

How is LVMH Moët Hennessy - Louis Vuitton Société Européenne expected to perform in the next 1 to 3 years based on estimates from 27 analysts?

9.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

LVMH Moët Hennessy - Louis Vuitton Société Européenne's revenue is expected to grow by 6.3% yearly, however this is not considered high growth (20% yearly).

LVMH Moët Hennessy - Louis Vuitton Société Européenne's earnings are expected to grow by 9.2% yearly, however this is not considered high growth (20% yearly).

LVMH Moët Hennessy - Louis Vuitton Société Européenne's revenue growth is expected to exceed the France market average.

LVMH Moët Hennessy - Louis Vuitton Société Européenne's earnings growth is positive but not above the France market average.

LVMH Moët Hennessy - Louis Vuitton Société Européenne's earnings growth is expected to exceed the low risk savings rate of 0.7%.


Earnings per Share Growth Estimates


Future Return on Equity

LVMH Moët Hennessy - Louis Vuitton Société Européenne is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has LVMH Moët Hennessy - Louis Vuitton Société Européenne performed over the past 5 years?

8.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

LVMH Moët Hennessy - Louis Vuitton Société Européenne's year on year earnings growth rate has been positive over the past 5 years.

LVMH Moët Hennessy - Louis Vuitton Société Européenne's 1-year earnings growth is less than its 5-year average (6% vs 8.5%)

LVMH Moët Hennessy - Louis Vuitton Société Européenne's earnings growth has exceeded the FR Luxury industry average in the past year (6% vs 4.8%).


Return on Equity

LVMH Moët Hennessy - Louis Vuitton Société Européenne has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

LVMH Moët Hennessy - Louis Vuitton Société Européenne used its assets more efficiently than the FR Luxury industry average last year based on Return on Assets.


Return on Capital Employed

LVMH Moët Hennessy - Louis Vuitton Société Européenne has improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is LVMH Moët Hennessy - Louis Vuitton Société Européenne's financial position?


Financial Position Analysis

LVMH Moët Hennessy - Louis Vuitton Société Européenne is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

LVMH Moët Hennessy - Louis Vuitton Société Européenne's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

LVMH Moët Hennessy - Louis Vuitton Société Européenne's level of debt (38.1%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (30.7% vs 38.1% 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 42.3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.8x debt.


Next Steps

Dividend

What is LVMH Moët Hennessy - Louis Vuitton Société Européenne's current dividend yield, its reliability and sustainability?

2.18%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase LVMH Moët Hennessy - Louis Vuitton Société Européenne before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

LVMH Moët Hennessy - Louis Vuitton Société Européenne's pays a higher dividend yield than the bottom 25% of dividend payers in France (1.55%).

LVMH Moët Hennessy - Louis Vuitton Société Européenne's dividend is below the markets top 25% of dividend payers in France (4.53%).

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

Dividends paid are well covered by earnings (2.1x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (2x coverage).


Next Steps

Management

What is the CEO of LVMH Moët Hennessy - Louis Vuitton Société Européenne's salary, the management and board of directors tenure and is there insider trading?

14.6yrs

Average management tenure


CEO

Bernard Arnault (70yo)

30.6yrs

Tenure

€15,800,803

Compensation

Mr. Bernard Arnault has been the Executive Chairman & Chief Executive Officer of LVMH Moët Hennessy Louis Vuitton SE since January 1989. Mr. Arnault began his career as an engineer with Ferret- Savinel, w ...


CEO Compensation Analysis

Bernard's remuneration is higher than average for companies of similar size in France.

Bernard's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.


Management Age and Tenure

14.6yrs

Average Tenure

58yo

Average Age

The average tenure for the LVMH Moët Hennessy - Louis Vuitton Société Européenne management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

15.6yrs

Average Tenure

68yo

Average Age

The average tenure for the LVMH Moët Hennessy - Louis Vuitton Société Européenne board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Bernard Arnault (70yo)

    Chairman & CEO

    • Tenure: 30.6yrs
    • Compensation: €15.80m
  • Nicolas Bazire (62yo)

    Senior VP of Development & Acquisitions and Director

    • Tenure: 20.3yrs
    • Compensation: €7.93m
  • Toni Belloni (65yo)

    Group MD & Director

    • Tenure: 17.3yrs
    • Compensation: €22.58m
  • Jean-Jacques Guiony (58yo)

    Chief Financial Officer

    • Tenure: 15.6yrs
  • Delphine Gancia (44yo)

    Director

    • Tenure: 15.9yrs
    • Compensation: €4.76m
  • Chantal Gaemperle (57yo)

    Executive Vice President of Human Resources & Synergies

    • Tenure: 0.0yrs
  • Shantanu Mukherji

    Managing Director od L Catterton

    • Tenure: 0.0yrs
  • Bruno Villeneuve

    Managing Director of Franck & Fils

    • Tenure: 8.6yrs
  • Jean-Baptiste Voisin (52yo)

    Chief Strategy Officer

    • Tenure: 13.6yrs
  • Bernard Kuhn

    General Counsel

    • Tenure: 0.0yrs

Board Members

  • Bernard Arnault (70yo)

    Chairman & CEO

    • Tenure: 30.6yrs
    • Compensation: €15.80m
  • Nicolas Bazire (62yo)

    Senior VP of Development & Acquisitions and Director

    • Tenure: 20.3yrs
    • Compensation: €7.93m
  • Charles de Croisset (76yo)

    Independent Director

    • Tenure: 11.3yrs
    • Compensation: €112.50k
  • Toni Belloni (65yo)

    Group MD & Director

    • Tenure: 17.3yrs
    • Compensation: €22.58m
  • Yves-Thibault de Silguy (71yo)

    Independent Director

    • Tenure: 10.3yrs
    • Compensation: €157.50k
  • Diego Della Valle (66yo)

    Independent Director

    • Tenure: 17.3yrs
    • Compensation: €45.00k
  • Delphine Gancia (44yo)

    Director

    • Tenure: 15.9yrs
    • Compensation: €4.76m
  • Michael Burke

    Chairman & CEO of Louis Vuitton

    • Tenure: 6.7yrs
  • M. Védrine (72yo)

    Independent Director

    • Tenure: 15.3yrs
    • Compensation: €60.00k
  • Pietro Beccari

    Chairman & CEO of Christian Dior Couture

    • Tenure: 1.5yrs

Company Information

LVMH Moët Hennessy - Louis Vuitton, Société Européenne's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: LVMH Moët Hennessy - Louis Vuitton, Société Européenne
  • Ticker: MC
  • Exchange: ENXTPA
  • Founded: 1923
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: €181.766b
  • Shares outstanding: 503.37m
  • Website: https://www.lvmh.com

Number of Employees


Location

  • LVMH Moët Hennessy - Louis Vuitton, Société Européenne
  • 22, Avenue Montaigne
  • Paris
  • Ile-de-France
  • 75008
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MOHXTRA (XETRA Trading Platform)YesCommon SharesDEEURNov 1987
MC NBMV (Bolsa Mexicana de Valores)YesCommon SharesMXMXNNov 1987
MCENXTPA (Euronext Paris)YesCommon SharesFREURNov 1987
MCSWX (SIX Swiss Exchange)YesCommon SharesCHCHFNov 1987
0HAULSE (London Stock Exchange)YesCommon SharesGBEURNov 1987
LVMHBIT (Borsa Italiana)YesCommon SharesITEURNov 1987
LVMH.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 1987
MOHDB (Deutsche Boerse AG)YesCommon SharesDEEURNov 1987
MCWBAG (Wiener Boerse AG)YesCommon SharesATEURNov 1987
MCPBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBEURNov 1987
MOHFDB (Deutsche Boerse AG)ADR EACH EACH CNV INTO 0.2 ORD EUR0.30DEEURFeb 2003
LVMU.YOTCPK (Pink Sheets LLC)ADR EACH EACH CNV INTO 0.2 ORD EUR0.30USUSDFeb 2003

Biography

LVMH Moët Hennessy - Louis Vuitton, Société Européenne operates as a luxury products company. The company operates through Wines and Spirits; Fashion and Leather Goods; Perfumes and Cosmetics; Watches and  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 20:49
End of Day Share Price2019/08/22 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.