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Kering SA
PAR:KER

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Kering SA
PAR:KER
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Price: 232.55 EUR -1.5% Market Closed
Market Cap: €28.7B

EV/GP

3.7
Current
3%
Cheaper
vs 3-y average of 3.8

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
3.7
=
Enterprise Value
€40.8B
/
Gross Profit
€10.7B

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
3.7
=
Enterprise Value
€40.8B
/
Gross Profit
€10.7B

Valuation Scenarios

Kering SA is trading below its 3-year average

If EV/GP returns to its 3-Year Average (3.8), the stock would be worth €240.66 (3% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-19%
Maximum Upside
+60%
Average Upside
15%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 3.7 €232.55
0%
3-Year Average 3.8 €240.66
+3%
5-Year Average 4.2 €267.01
+15%
Industry Average 5.9 €371.77
+60%
Country Average 3 €188.77
-19%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
Market Cap EV/GP P/E
FR
Kering SA
PAR:KER
28.5B EUR 3.7 396
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
222.6B EUR 4.5 20.5
FR
Hermes International SCA
PAR:RMS
168.5B EUR 13.9 37.3
KR
SBW
KRX:102280
235.5T KRW 8 462.8 -117 637.1
CH
Compagnie Financiere Richemont SA
SIX:CFR
87.7B CHF 6.2 23.2
FR
EssilorLuxottica SA
PAR:EL
83.7B EUR 5.5 36.1
FR
Christian Dior SE
PAR:CDI
76.1B EUR 1.9 16.8
IN
Titan Company Ltd
NSE:TITAN
3.9T INR 25.3 82.5
US
Tapestry Inc
NYSE:TPR
29.2B USD 5.3 55.1
CN
ANTA Sports Products Ltd
HKEX:2020
227.9B HKD 3.9 15.2
DE
Adidas AG
XETRA:ADS
26.7B EUR 2.3 20
P/E Multiple
Earnings Growth PEG
FR
Kering SA
PAR:KER
Average P/E: 70.3
396
186%
2.1
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
20.5
11%
1.9
FR
Hermes International SCA
PAR:RMS
37.3
12%
3.1
KR
SBW
KRX:102280
Negative Multiple: -117 637.1 N/A N/A
CH
Compagnie Financiere Richemont SA
SIX:CFR
23.2
16%
1.4
FR
EssilorLuxottica SA
PAR:EL
36.1
26%
1.4
FR
Christian Dior SE
PAR:CDI
16.8
N/A N/A
IN
Titan Company Ltd
NSE:TITAN
82.5
32%
2.6
US
Tapestry Inc
NYSE:TPR
55.1
107%
0.5
CN
ANTA Sports Products Ltd
HKEX:2020
15.2
10%
1.5
DE
Adidas AG
XETRA:ADS
20
23%
0.9

Market Distribution

In line with most companies in France
Percentile
57th
Based on 1 453 companies
57th percentile
3.7
Low
0.1 — 1.7
Typical Range
1.7 — 4.7
High
4.7 —
Distribution Statistics
France
Min 0.1
30th Percentile 1.7
Median 3
70th Percentile 4.7
Max 5 681.3

Kering SA
Glance View

Kering SA, a beacon of luxury in the global fashion industry, roots itself in a history of transformation and strategic reinvention. Founded by François Pinault in 1963 as a timber trading company, it has evolved magnificently over the decades into a major player in the luxury sector. This transformation was marked by a name change in 2013 from PPR to Kering, aligning with its focus on high-end fashion. Kering SA today boasts an impressive portfolio of iconic brands such as Gucci, Saint Laurent, and Bottega Veneta, which are at the heart of its luxury segment. Operating under a multi-brand model, Kering capitalizes on brand diversity while leveraging shared resources and infrastructures to maximize efficiency and foster innovation across its holdings. The company’s profitability hinges on its ability to balance heritage with modernity, nurturing traditional craftsmanship while embracing cutting-edge designs and sustainable practices. Each brand under the Kering umbrella enjoys considerable creative autonomy, empowering them to remain agile and responsive to the ever-changing whims of consumers in the luxury market. This autonomy is paired with strategic oversight from Kering Group, which ensures cohesive brand identity and operational efficiency. Through its focus on exclusive retail environments, partnerships, and a robust online presence, Kering drives revenues by delivering unique customer experiences and maintaining a cachet of exclusivity. By adeptly navigating the intersection of tradition and innovation, Kering SA cements its status as an influential powerhouse in the luxury market, successfully capturing the hearts and wallets of high-end fashion enthusiasts around the globe.

KER Intrinsic Value
310.36 EUR
Undervaluation 25%
Intrinsic Value
Price €232.55
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