(MC) LVMH Moët Hennessy - Louis - Overview
Sector: Consumer Cyclical | Industry: Luxury Goods | Exchange: PA (France) | Market Cap: 236.119m EUR | Total Return: 21.8% in 12m
Avg Turnover: 243M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
LVMH Moët Hennessy - Louis Vuitton is a global luxury conglomerate headquartered in Paris, operating across five primary business segments: Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, and Selective Retailing. Its portfolio includes iconic houses such as Louis Vuitton, Christian Dior, Moët & Chandon, and Tiffany & Co. The company also maintains interests in media, hospitality, and yacht building.
The business model relies on a decentralized organizational structure, allowing individual brands to maintain creative autonomy while benefiting from the groups shared supply chain efficiencies and global distribution networks. Luxury goods companies typically maintain high gross margins by leveraging brand equity to command premium pricing, which provides a buffer against fluctuating raw material costs.
Investors should examine the historical performance of these individual segments on ValueRay to better understand the companys valuation.
The selective retailing division, which includes Sephora and DFS, serves as a strategic vertical integration tool, allowing LVMH to control the customer experience and gather direct consumer data. This diversification across product categories and price points within the luxury tier helps mitigate cyclical downturns in specific geographic markets or sub-sectors.
- Chinese middle class consumption recovery dictates Fashion and Leather Goods segment growth
- High interest rates and global economic slowdown dampen US luxury demand
- Strategic integration of Tiffany & Co. expands market share in jewelry and watches
- Selective Retailing margins depend on Sephora expansion and international travel retail rebound
- Vertical integration and pricing power mitigate rising raw material and labor costs
| Net Income: 10.9b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.20 > 0.02 and ΔFCF/TA 9.19 > 1.0 |
| NWC/Revenue: 21.98% < 20% (prev 16.09%; Δ 5.89% < -1%) |
| CFO/TA 0.27 > 3% & CFO 37.8b > Net Income 10.9b |
| Net Debt (49.6b) to EBITDA (24.4b): 2.03 < 3 |
| Current Ratio: 1.58 > 1.5 & < 3 |
| Outstanding Shares: last fiscal year (498.0m) vs prev -0.34% < -2% |
| Gross Margin: 66.24% > 18% (prev 0.69%; Δ 6.56k% > 0.5%) |
| Asset Turnover: 55.49% > 50% (prev 57.37%; Δ -1.88% > 0%) |
| Interest Coverage Ratio: 10.06 > 6 (EBITDA TTM 24.4b / Interest Expense TTM 1.77b) |
| A: 0.13 (Total Current Assets 48.2b - Total Current Liabilities 30.4b) / Total Assets 142b |
| B: 0.08 (Retained Earnings 10.9b / Total Assets 142b) |
| C: 0.12 (EBIT TTM 17.8b / Avg Total Assets 146b) |
| D: 0.15 (Book Value of Equity 11.2b / Total Liabilities 73.1b) |
| Altman-Z'' = 2.05 = BBB |
| DSRI: 0.93 (Receivables 5.08b/5.76b, Revenue 80.8b/85.6b) |
| GMI: 1.03 (GM 66.24% / 68.53%) |
| AQI: 0.94 (AQ_t 0.35 / AQ_t-1 0.37) |
| SGI: 0.94 (Revenue 80.8b / 85.6b) |
| TATA: -0.19 (NI 10.9b - CFO 37.8b) / TA 142b) |
| Beneish M = -3.32 (Cap -4..+1) = AA |
As of May 29, 2026, the stock is trading at EUR 480.95 with a total of 417,341 shares traded.
Over the past week, the price has changed by +4.08%,
over one month by -3.11%,
over three months by +13.75% and
over the past year by +21.77%.
LVMH Moët Hennessy - Louis has no consensus analysts rating.
P/E Trailing = 21.8919
P/E Forward = 21.1416
P/S = 2.922
P/B = 3.4607
P/EG = 1.8859
Revenue TTM = 80.8b EUR
EBIT TTM = 17.8b EUR
EBITDA TTM = 24.4b EUR
Long Term Debt = 12.4b EUR (from longTermDebt, last quarter)
Short Term Debt = 10.9b EUR (from shortTermDebt, last quarter)
Debt = 53.1b EUR (from shortLongTermDebtTotal, last quarter) + Leases 16.4b
Net Debt = 49.6b EUR (calculated: Debt 53.1b - CCE 3.50b)
Enterprise Value = 286b EUR (236b + Debt 53.1b - CCE 3.50b)
Interest Coverage Ratio = 10.06 (Ebit TTM 17.8b / Interest Expense TTM 1.77b)
EV/FCF = 10.17x (Enterprise Value 286b / FCF TTM 28.1b)
FCF Yield = 9.83% (FCF TTM 28.1b / Enterprise Value 286b)
FCF Margin = 34.77% (FCF TTM 28.1b / Revenue TTM 80.8b)
Net Margin = 13.46% (Net Income TTM 10.9b / Revenue TTM 80.8b)
Gross Margin = 66.24% ((Revenue TTM 80.8b - Cost of Revenue TTM 27.3b) / Revenue TTM)
Gross Margin QoQ = 65.66% (prev 66.84%)
Tobins Q-Ratio = 2.01 (Enterprise Value 286b / Total Assets 142b)
Interest Expense / Debt = 3.33% (Interest Expense 1.77b / Debt 53.1b)
Taxrate = 34.76% (2.83b / 8.13b)
NOPAT = 11.6b (EBIT 17.8b * (1 - 34.76%))
Current Ratio = 1.58 (Total Current Assets 48.2b / Total Current Liabilities 30.4b)
Debt / Equity = 0.79 (Debt 53.1b / totalStockholderEquity, last quarter 67.5b)
Debt / EBITDA = 2.03 (Net Debt 49.6b / EBITDA 24.4b)
Debt / FCF = 1.77 (Net Debt 49.6b / FCF TTM 28.1b)
Total Stockholder Equity = 66.3b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.47% (Net Income 10.9b / Total Assets 142b)
RoE = 16.41% (Net Income TTM 10.9b / Total Stockholder Equity 66.3b)
RoCE = 22.59% (EBIT 17.8b / Capital Employed (Equity 66.3b + L.T.Debt 12.4b))
RoIC = 9.46% (NOPAT 11.6b / Invested Capital 123b)
WACC = 7.58% (E(236b)/V(289b) * Re(8.80%) + D(53.1b)/V(289b) * Rd(3.33%) * (1-Tc(0.35)))
Discount Rate = 8.80% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -62.93 | Cagr: -0.35%
[DCF] Terminal Value 77.97% ; FCFF base≈23.2b ; Y1≈26.6b ; Y5≈39.1b
[DCF] Fair Price = 1.09k (EV 588b - Net Debt 49.6b = Equity 539b / Shares 494.1m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -95.57 | EPS CAGR: -14.58% | SUE: -2.11 | # QB: -5
Revenue Correlation: -81.96 | Revenue CAGR: -2.06% | SUE: 0.01 | # QB: 0
EPS current Year (2026-12-31): EPS=22.20 | Chg30d=-1.93% | Revisions=-40% | GrowthEPS=+1.6% | GrowthRev=+0.1%
EPS next Year (2027-12-31): EPS=25.65 | Chg30d=-1.15% | Revisions=-40% | GrowthEPS=+15.6% | GrowthRev=+5.2%
[Analyst] Revisions Ratio: -40%