Added to YB: 2024-07-29
Pitch date: 2024-07-27
MC.PA [neutral]
LVMH Moët Hennessy - Louis Vuitton, Société Européenne
-3.02%
current return
Author Info
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Company Info
LVMH Moët Hennessy - Louis Vuitton, Société Européenne, together with its subsidiaries, operates as a luxury goods company worldwide.
Market Cap
EUR 310.7B
Pitch Price
EUR 643.98
Price Target
N/A
Dividend
2.08%
EV/EBITDA
14.23
P/E
28.42
EV/Sales
4.10
Sector
Textiles, Apparel and Luxury Goods
Category
growth
LVMH: am I adding?
LVMH: -23% 12mo, -28% from ATH. Quality luxury powerhouse w/ 75+ brands. H1 2024 growth concerns, but cyclical industry. 6.6-9.7% rev CAGR 2025-29 est. Strong cash flow (€18.4B 2023) fuels M&A. Conservative case: 6.6% CAGR, 16.9% margin. Bold case: 9.7% CAGR w/ acquisitions. 15-21% annual growth needed to double in 5yrs at 20x FCF. Holding for now, may add if price drops further.
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