Added to YB: 2025-02-10
Pitch date: 2025-02-08
KER.PA [neutral]
Kering SA
+25.47%
current return
Author Info
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Company Info
Kering SA manages the development of a collection of renowned houses in fashion, leather goods, and jewelry in the Asia Pacific, Western Europe, North America, Japan, and internationally.
Market Cap
EUR 40.7B
Pitch Price
EUR 236.07
Price Target
N/A
Dividend
1.81%
EV/EBITDA
14.09
P/E
55.82
EV/Sales
3.63
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Kering: An Underrated French Luxury Empire?
KER.PA (watch): French luxury co w/ Gucci, YSL, Bottega Veneta. Stock down 73% in 5yrs. Gucci (44% rev, 68% op profit) struggles w/ brand dilution. New creative director for turnaround. Debt burden limits reinvestment. Kering Beauté launch, Creed acquisition for growth. Pinault family owns 42%. Valuation debate: cheap P/E but high debt. Watch for Gucci rebound, Asia recovery.
Read full article (10 min)