EL Stock Analysis: EssilorLuxottica S. A. | PA

Medical Instruments & Supplies | PA, France | Market Cap: 67.020m EUR | 12M Return: -46.4% | FR0000121667 | Charts, Fundamentals & Technical Analysis

Ophthalmic Lenses, Sunglasses, Optical Instruments, Contact Lenses
Total Rating 37
Safety 81
Buy Signal -0.41
Medical Instruments & Supplies
Industry Rotation: -1.6
Market Cap: 75.4B
Avg Turnover: 119M
Risk 3d forecast
Volatility30.3%
VaR 5th Pctl5.00%
VaR vs Median0.26%
Reward TTM
Sharpe Ratio-1.98
Rel. Str. IBD4.8
Rel. Str. Peer Group4
Character TTM
Beta0.458
Beta Downside0.442
Hurst Exponent0.523
Drawdowns 3y
Max DD55.63%
CAGR/Max DD-0.05
CAGR/Mean DD-0.19

Warnings

Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 11.7 years of data

Jan -1.3% 29
Feb -4.7% 32
Mar +0.1% 7
Apr +3.3% 2
May -0.0% 7
Jun -2.1% 21
Jul +2.2% 24
Aug -0.8% 21
Sep -0.5% 16
Oct +3.4% 18
Nov +0.3% 2
Dec +1.3% 14

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: EL EssilorLuxottica S. A.

EssilorLuxottica Société anonyme is a Paris-headquartered, France-domiciled company that designs, manufactures, and distributes ophthalmic lenses, frames, sunglasses, and related instruments and equipment. It operates across North America, the Middle East, Africa, Europe, Latin America, and Asia-Pacific, serving the global eyecare and eyewear industry.

The company sells a wide portfolio of proprietary and licensed brands, including Ray-Ban, Oakley, Persol, Oliver Peoples, Vogue Eyewear, Costa, Bolon, and Foster Grant on the eyewear side, and Essilor, Varilux, Crizal, Eyezen, Stellest, Transitions, Nikon, and KODAK Lens on the lens side. It also markets contact lenses and reading glasses, alongside diagnostic and clinical brands such as Humanware.

Beyond finished eyewear, EssilorLuxottica produces vision-assessment equipment, optical instruments, and consumables for opticians and laboratories, including imaging platforms like SPECTRALIS and ANTERION, lens-edging and mounting tools, and the Satisloh range of surfacing, polishing, and coating equipment. Distribution reaches independent opticians, distributors, third-party e-commerce platforms, and large retail chains, as well as consumers through physical retail networks and online channels.

The company was founded in 1849 and took its current name in October 2018 following the combination of lens maker Essilor International and eyewear/retail group Luxottica, creating one of the most vertically integrated players in the global optical industry, spanning lens manufacturing, frame design, brand ownership, retail, and in-office equipment.

Headlines to Watch Out For
  • Ray-Ban Meta smart glasses sales accelerate
  • Branded eyewear margins expand on premium mix
  • Stellest myopia lens demand grows in Asia
Piotroski VR-10 (Strict) 5.5
Net Income: 2.49b TTM > 0 and > 6% of Revenue
FCF/TA: 0.06 > 0.02 and ΔFCF/TA 0.48 > 1.0
NWC/Revenue: -4.80% < 20% (prev -1.32%; Δ -3.48% < -1%)
CFO/TA 0.08 > 3% & CFO 5.29b > Net Income 2.49b
Net Debt (17.3b) to EBITDA (6.78b): 2.55 < 3
Current Ratio: 0.89 > 1.5 & < 3
Outstanding Shares: last quarter (464.4m) vs 12m ago 1.27% < -2%
Gross Margin: 60.84% > 18% (prev 62.44%; Δ -1.60% > 0.5%)
Asset Turnover: 46.12% > 50% (prev 43.99%; Δ 2.13% > 0%)
Interest Coverage Ratio: 10.20 > 6 (EBIT TTM 3.62b / Interest Expense TTM 355.0m)
Altman Z'' 2.71
A: -0.02 (Total Current Assets 11.2b - Total Current Liabilities 12.6b) / Total Assets 65.1b
B: 0.26 (Retained Earnings 16.6b / Total Assets 65.1b)
C: 0.06 (EBIT TTM 3.62b / Avg Total Assets 63.5b)
D: 1.56 (Book Value of Equity 39.2b / Total Liabilities 25.1b)
Altman-Z'' = 2.71 = A
Beneish M -3.01
DSRI: 0.93 (Receivables 3.99b/4.01b, Revenue 29.3b/27.2b)
GMI: 1.03 (GM 62.44% / 60.84%)
AQI: 1.00 (AQ_t 0.68 / AQ_t-1 0.68)
SGI: 1.07 (Revenue 29.3b / 27.2b)
TATA: -0.04 (NI 2.49b - CFO 5.29b) / TA 65.1b)
Beneish M = -3.01 (Cap -4..+1) = AA
What is the price of EL shares?

As of October 06, 2026, the stock is trading at EUR 144.50 with a total of 626,260 shares traded. Over the past week, the price has changed by -1.10%, over one month by -2.73%, over three months by -16.28% and over the past year by -46.43%.

Current recommended Stop Loss: 139.40 (which is 3.5% or 1.3 ATR below the current price).

Is EL a buy, sell or hold?

EssilorLuxottica S. A. has no consensus analysts rating.

EssilorLuxottica S. A. (EL) - Fundamental Data Overview as of 30 September 2026
Market Cap USD = 75.4b (67.0b EUR * 1.12543 EUR.USD)
P/E Trailing = 27.3084
P/E Forward = 17.7305
P/S = 2.2886
P/B = 1.754
P/EG = 1.584
Revenue TTM = 29.3b EUR
EBIT TTM = 3.62b EUR
EBITDA TTM = 6.78b EUR
Long Term Debt = 6.73b EUR (from longTermDebt, last quarter)
Short Term Debt = 5.66b EUR (from shortTermDebt, last quarter)
Debt = 19.2b EUR (from shortLongTermDebtTotal, last quarter) + Leases 3.91b
Net Debt = 17.3b EUR (calculated: Debt 19.2b - CCE 1.93b)
Enterprise Value = 84.3b EUR (67.0b + Debt 19.2b - CCE 1.93b)
Interest Coverage Ratio = 10.20 (Ebit TTM 3.62b / Interest Expense TTM 355.0m)
EV/FCF = 21.94x (Enterprise Value 84.3b / FCF TTM 3.84b)
FCF Yield = 4.56% (FCF TTM 3.84b / Enterprise Value 84.3b)
FCF Margin = 13.12% (FCF TTM 3.84b / Revenue TTM 29.3b)
Net Margin = 8.52% (Net Income TTM 2.49b / Revenue TTM 29.3b)
Gross Margin = 60.84% ((Revenue TTM 29.3b - Cost of Revenue TTM 11.5b) / Revenue TTM)
Gross Margin QoQ = 63.47% (prev 58.15%)
Tobins Q-Ratio = 1.30 (Enterprise Value 84.3b / Total Assets 65.1b)
Interest Expense / Debt = 1.85% (Interest Expense 355.0m / Debt 19.2b)
Taxrate = 23.99% (831.0m / 3.46b)
NOPAT = 2.75b (EBIT 3.62b * (1 - 23.99%))
Current Ratio = 0.89 (Total Current Assets 11.2b / Total Current Liabilities 12.6b)
Debt / Equity = 0.49 (Debt 19.2b / totalStockholderEquity, last quarter 39.2b)
Debt / EBITDA = 2.55 (Net Debt 17.3b / EBITDA 6.78b)
Debt / FCF = 4.50 (Net Debt 17.3b / FCF TTM 3.84b)
Total Stockholder Equity = 39.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.93% (Net Income 2.49b / Total Assets 65.1b)
RoE = 6.38% (Net Income TTM 2.49b / Total Stockholder Equity 39.1b)
RoCE = 7.90% (EBIT 3.62b / Capital Employed (Equity 39.1b + L.T.Debt 6.73b))
RoIC = 4.86% (NOPAT 2.75b / Invested Capital 56.6b)
WACC = 6.21% (E(67.0b)/V(86.2b) * Re(7.59%) + D(19.2b)/V(86.2b) * Rd(1.85%) * (1-Tc(0.24)))
Discount Rate = 7.59% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.34 | Cagr: 1.87%
[DCF] Terminal Value 77.85% ; FCFF base≈3.65b ; Y1≈4.16b ; Y5≈6.02b
[DCF] Fair Price = 160.1 (EV 90.7b - Net Debt 17.3b = Equity 73.4b / Shares 458.7m; r=8.35% [WACC [floored]]; 5y FCF grow 14.24% → 2.50% )
EPS Correlation: -54.48 | EPS CAGR: -0.99% | SUE: 0.0 | # QB: 0
Revenue Correlation: 99.09 | Revenue CAGR: 6.08% | SUE: 1.23 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS next Quarter (2026-09-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2026-12-31): EPS=7.28 | Chg30d=-1.66% | Revisions=+0% | GrowthEPS=+7.2% | GrowthRev=+6.0%
EPS next Year (2027-12-31): EPS=7.98 | Chg30d=-1.69% | Revisions=+0% | GrowthEPS=+9.6% | GrowthRev=+8.5%
[Analyst] Revisions Ratio: +0% (up=2, down=2)